MDRR vs ILPT vs IIPR vs CBRE

For growth investors, CBRE Group, Inc.

(CBRE) is the stronger pick with 13. 4% revenue growth year-over-year, versus -13. 8% for Innovative Industrial Properties, Inc. (IIPR). Innovative Industrial Properties, Inc. (IIPR) offers the better valuation at 14. 6x trailing P/E (13. 5x forward), making it the more compelling value choice. Analysts rate Industrial Logistics Properties Trust (ILPT) a "Buy" — based on 9 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

On trailing P/E, Innovative Industrial Properties, Inc.

(IIPR) is the cheapest at 14. 6x versus CBRE Group, Inc. at 38. 0x. On forward P/E, Innovative Industrial Properties, Inc. is actually cheaper at 13. 5x. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: CBRE Group, Inc. wins at 1. 64x versus Innovative Industrial Properties, Inc. 's 3. 60x — a reasonable growth-adjusted valuation.

Over the past 5 years, CBRE Group, Inc.

(CBRE) delivered a total return of +69. 0%, compared to -61. 1% for Industrial Logistics Properties Trust (ILPT). Over 10 years, the gap is even starker: IIPR returned +439. 9% versus MDRR's -80. 1%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

By beta (market sensitivity over 5 years), Medalist Diversified REIT, Inc.

(MDRR) is the lower-risk stock at -0. 37β versus Industrial Logistics Properties Trust's 1. 53β — meaning ILPT is approximately -514% more volatile than MDRR relative to the S&P 500. On balance sheet safety, Medalist Diversified REIT, Inc. (MDRR) carries a lower debt/equity ratio of 3% versus 5% for Industrial Logistics Properties Trust — giving it more financial flexibility in a downturn.

By revenue growth (latest reported year), CBRE Group, Inc.

(CBRE) is pulling ahead at 13. 4% versus -13. 8% for Innovative Industrial Properties, Inc. (IIPR). On earnings-per-share growth, the picture is similar: Industrial Logistics Properties Trust grew EPS 31. 5% year-over-year, compared to -79. 2% for Medalist Diversified REIT, Inc.. Over a 3-year CAGR, CBRE leads at 9. 6% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

Innovative Industrial Properties, Inc.

(IIPR) is the more profitable company, earning 43. 0% net margin versus -23. 0% for Medalist Diversified REIT, Inc. — meaning it keeps 43. 0% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: IIPR leads at 46. 7% versus 3. 2% for CBRE. At the gross margin level — before operating expenses — IIPR leads at 88. 7%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.

By this metric, CBRE Group, Inc. (CBRE) is the more undervalued stock at a PEG of 1. 64x versus Innovative Industrial Properties, Inc. 's 3. 60x. Both stocks trade at elevated growth-adjusted valuations, so expected growth needs to materialise. On forward earnings alone, Innovative Industrial Properties, Inc. (IIPR) trades at 13. 5x forward P/E versus 19. 1x for CBRE Group, Inc. — 5. 6x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for IIPR: 47. 8% to $84. 67.

In this comparison, IIPR (13.

3% yield), MDRR (4. 3% yield), ILPT (1. 5% yield) pay a dividend. CBRE does not pay a meaningful dividend and should not be held primarily for income.

For long-horizon retirement investors, Medalist Diversified REIT, Inc.

(MDRR) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β -0. 37), 4. 3% yield). Industrial Logistics Properties Trust (ILPT) carries a higher beta of 1. 53 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (MDRR: -80. 1%, ILPT: -40. 0%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

Both stocks operate in the Real Estate sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.

In terms of investment character: MDRR is a small-cap income-oriented stock; ILPT is a small-cap quality compounder stock; IIPR is a small-cap deep-value stock; CBRE is a mid-cap quality compounder stock. MDRR, ILPT, IIPR pay a dividend while CBRE does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.