They're basically rent triple net to multi-billion dollar pharmaceutical companies. The interest rates going up has a net-neutral effect due to their interest being non variable.

You should buy puts... from me. I'll sell you 1,500 at 155 expiring 3/17/23 at $3.90.

Now I know it's undervalued

Interest rates on the rise allow them to raise rates and increase the % of property leased. They are in an amazing position rn. Their interest is mostly fixed rate, meaning other people who enter the space would have to pay higher rates than they will on their "mortgages". Growth is limited for everyone buying property and demand for their space is increasing as less companies will buy with higher rates. All of this will temporarily raise lease rates as well.

Let's take a look at who exactly they lease space to... Not exactly Silicon Valley. They're more involved with pharmaceutical research facilities.

At this point, I've probably had a notable effect on their price today; I've invested so much. Over the past 2 months I've put just over 8 million in and another 750k today

I'm not one of you apes, but I seriously am about to dump everything into this and take a vacation somewhere warm. The only argument I've heard against this company is increasing interest rates which actually do to lowering competition and the fact that their interest is not variable for the most part is a good thing for them short term. Edit: Just put in 750k we'll see

What percentage of their debt is variable rate? Exactly

It really doesn't have that much variable rate debt, and interest rates have peaked. By my estimate, it's undervalued by at least 23%, and by the time it catches up it'll already be worth more. It's profits have been very good and increasing. With dividends+quarterly profits, it's returning about 15-16% annually, probably more this year. Add the return to what it should be worth, add it's value as a hedge against inflation and you have a massively undervalued stock imo.