Robert A. Stanger & Company has reported that sales of non-traded real estate investment trusts totaled nearly $1.4 billion in August, up 228 percent compared to $418 million in August 2018. Inland Real Estate Investment Corporation was ranked as the fourth top alternative investment sponsor.
Inland National Development Company, LLC acquired 12 acres in Selma, TX, situated in the northeast corner of the San Antonio metro. With the land firmly in hand, the Oak Brook, IL-headquartered company will soon break ground on a 303-unit apartment complex at 15453 Lookout Rd.
Dan Wagner, senior vice president of government relations for The Inland Real Estate Group of Companies, Inc., shares how property owners and real estate investors - and their advisors - have a lot to gain by diving into 1031 exchanges, DSTs, and the Internal Revenue Code.
After a half-century in the real estate business, Joe Cosenza is as enthusiastic about dealmaking as ever. Since starting The Inland Group of Real Estate Companies, Inc. in 1968, Joseph Cosenza and three fellow schoolteachers have built the Oak Brook, Ill.-based firm into one of the nation’s largest, most diversified commercial real estate investment companies. Inland Group is a launching pad for a wide variety of investment vehicles: limited partnerships, listed and non-listed REITs and institutional funds. All told, Inland owns and manages 77.4 million square feet of real estate in 49 states.
Inland Real Estate Investment Corporation, a sponsor of alternative public and private real estate securities, has hired Robert Braun to serve as vice president of self-storage asset management. In this newly created position, Braun will oversee Inland Private Capital Corporation’s self-storage portfolio, which includes 110 properties spanning across 14 states.
Inland Private Capital Corporation, a sponsor of 1031 tax deferred exchanges, has sold Kimball Station, a 59-unit apartment property with 6,000 square feet of ground-floor retail space located in Chicago, for $15.24 million.