Net lease REITs, Q3 2025
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LXP combined every 5 shares into 1 on November 10, 2025. Per-share values before that date are as LXP reported them at the time. Multiply by 5 to compare them with later quarters.
Company
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Net debt/EBITDA
Innovative Industrial Properties, Inc. (IIPR), Q3 2025
Not disclosed
The company publishes EBITDA and debt ratios to total assets, but no net debt to EBITDA multiple.
Searched: 10-Q, earnings release, supplement, presentation, Nov 4; exhibit, announcement, Oct 9; exhibit (exhibit 10.1), exhibit (exhibit 10.2), exhibit (exhibit 10.3), exhibit (exhibit 10.4), announcement, Oct 2, 2025.