PRESS ROOM

Richard Jurek, a graduate of English at SIU with more than 25 years experience in marketing, lives in the Chicago area and is chief marketing officer and executive vice president of The Inland Real Estate Group, LLC. His most recent book is a biographical look at one of NASA’s engineers instrumental to its success. The book, “The Ultimate Engineer: The Remarkable Life of NASA’s Visionary Leader George M. Low,” recounts the story of the Austria-born immigrant’s career, from escaping Nazi-occupied Austria to landing the first humans on the moon.”

Inland Securities Corporation, the dealer-manager and placement agent for real estate investment programs sponsored by Inland Real Estate Investment Corporation and Inland Private Capital Corporation, announced that Suzanne Bond was appointed to the Financial Industry Regulatory Authority Midwest Region Committee for a three-year term.

Inland Mortgage Capital, LLC, a private lender specializing in intermediate-term mortgages for value-add commercial real estate, reported a record-breaking fourth quarter of 2019, closing six non-recourse bridge loans totaling $31.575 million, under its small-balance lending program.

Inland Real Estate Commercial Brokerage, Inc. announced its final sales and closings of 2019, both located in Palatine, Illinois. Paul Montes and Eric Spiess, senior vice presidents of Inland Real Estate Commercial Brokerage, facilitated both transactions on behalf of the sellers.

“We also need population growth here,” said Art Rendak, president of Inland Mortgage Capital, LLC. “Illinois and Chicago need to figure out how to address these issues. There needs to be a plan put in place.”

Last Thursday, January 9, REjournals hosted their annual Chicago Commercial Real Estate Forecast conference at the Hyatt Regency Chicago. The final panel of the main session was Chicago: My Kind of Town or Second City, featuring Art Rendak, president of Inland Mortgage Capital, LLC.