Inland Raises $28M for 178-Unit Office Conversion in Downtown St. Paul

Inland Real Estate Investment Corporation ("Inland Investments”) has completed a $28 million equity raise for a qualified opportunity fund created to convert a 16-story office building in downtown St. Paul, Minn., into apartments. The offering, sponsored by an affiliate of Inland Investments for Office Conversion Opportunity Zone LLC, is fully subscribed and closed, according to the company