PRESS ROOMNEWS RELEASE
The Inland Real Estate Group of Companies, Inc. Announces More Than $600 Million of Capital Raised in 2016 for Its Alternative Investment Funds
Nicole SpreckInland Marketing & Communications, Inc.
Oak Brook, Ill. – The Inland Real Estate Group of Companies, Inc., one of the nation’s largest commercial real estate and finance groups, announced today it collectively raised over $600 million in capital in 2016 across the various Inland funds for the purchase of investment real estate. Additionally, Inland Real Estate Acquisitions, Inc., the purchasing arm for the various Inland member companies, in 2016 facilitated the purchase of more than $1.1 billion in commercial real estate, including retail, multifamily, self-storage and medical office buildings, for its various investment funds. Inland sponsors alternative public and private funds, which are securitized through the sale of stock. Historically, Inland has raised over $20 billion for its funds.
“We are pleased with the market’s reception of our investment offerings across all of our commercial real estate product groups,” commented Daniel L. Goodwin, Chairman and CEO of Inland.
About The Inland Real Estate Group of Companies, Inc.
The Inland Real Estate Group of Companies, Inc., headquartered in Oak Brook, Illinois, is one of the nation’s largest commercial real estate and finance groups, with more than 45 years in the industry. The Inland Real Estate Group of Companies, Inc. is comprised of independent legal entities, some of which may be affiliates, share some common ownership or have been sponsored and managed by subsidiaries of Inland Real Estate Investment Corporation.