PRESS ROOMNEWS RELEASE

Inland Strengthens Leadership Team by Promoting Joseph Binder to Chief Investment Officer

Oak Brook, Ill. – The Inland Real Estate Group, LLC (“Inland” or “Group”), one of the nation’s largest commercial real estate investment and finance groups, announced today the promotion of Joseph Binder to Chief Investment Officer.

In this role, Mr. Binder is responsible for managing and executing Inland’s investment strategies and capital markets activities and related strategic transactions. He will report to Tony Chereso, Inland’s Chief Executive Officer and President.  

“Promoting Joe to this newly created position at the Group level as Chief Investment Officer underscores Inland’s commitment to continued growth and success across the enterprise,” said Mr. Chereso. “Joe’s extensive knowledge of the commercial real estate market, impressive track record, and deep industry relationships make him a natural fit for this role.”

Mr. Binder currently serves as, and will remain in, the roles of Executive Vice President of Inland Private Capital Corporation (IPC) and Chief Capital Officer of IPC Alternative Real Estate Income Trust, Inc. (ALT REIT).  Mr. Binder has been with Inland for over 16 years and has served as a senior member of the IPC management team since 2012, leading the underwriting, due diligence and structuring of its acquisitions, along with all debt capital market transactions and corporate lines of credit.  In his time with IPC, Mr. Binder has overseen transactions in excess of $14 billion in investment real estate across nearly all asset types and a variety of investment structures and joint ventures. 

Mr. Binder manages an experienced, 10-person team that will collectively be elevated to the Group level in order to serve the entire enterprise.  In addition, Gail Gress, SVP of Real Estate Finance for Inland, will join this team and report to Mr. Binder. 

“I am grateful for the opportunity this brings for me and my team to serve the organization more broadly and continue to successfully build for the future as Inland has been doing for the past 57 years,” said Mr. Binder.  

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About The Inland Real Estate Group, LLC
The Inland Real Estate Group, LLC is part of The Inland Real Estate Group of Companies, Inc. which has been creating, developing, and supporting member companies for more than 50 years that provide real estate-related investment products and commercial real estate services for both third parties and Inland member companies. The Inland Real Estate Group of Companies, Inc. is comprised of a group of independent legal entities, some of which may be affiliates, share some common ownership or have been sponsored and managed by such entities or subsidiaries thereof. For more information, visit www.inlandgroup.com.