PRESS ROOM

Inland Real Estate Commercial Brokerage, Inc. has brokered the sale of 3.5 acres at the corner of Illinois 25 and Shooting Park Road in Peru, Illinois, for just under $1M. Casey’s General Stores was the buyer. The land will be developed as a new fuel center and convenience store for the chain. Inland Commercial Brokerage's Paul Montes and Eric Spiess facilitated the transaction on behalf of the seller.

InPoint Commercial Real Estate Income, Inc., a commercial mortgage real estate investment trust sponsored by Inland Real Estate Investment Corporation and sub-advised by an affiliate of Sound Point Capital Management LP, has originated a first mortgage loan for a 480-unit, garden-style multifamily property located in Dallas, Texas. The loan is comprised of a $13.43 million initial funding and a potential future funding of $6.07 million for a total potential loan amount of $19.5 million.

B+E, the first tech-driven brokerage and trading platform for net lease real estate, just opened a Chicago office and has a new partnership with The Inland Real Estate Group, LLC and RCX Capital Group, its DST trading platform.

Inland Real Estate Commercial Brokerage, Inc. announced the sale and closing of an approximate 3.5-acre land site, situated at the corner of IL-25 and Shooting Park Road, in Peru, Illinois for just under $1 million. Senior vice presidents of Inland Commercial Brokerage Paul Montes and Eric Spiess facilitated the transaction on behalf of the seller.

Lake Forest government veteran George Pandaleon, president of Inland Institutional Capital, LLC, is likely to be the city’s next mayor, after receiving the recommendation of the Lake Forest Caucus Committee.

Inland Real Estate Commercial Brokerage, Inc., a boutique brokerage firm providing sales, acquisition and 1031 exchange services, announced the promotions of Paul Montes and Eric Spiess to senior vice presidents.