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MEDIA RELATIONS
Sally Blake
(630) 218-8000 Ext. 6639 sally.blake@inlandgroup.com
Alyssa Campbell
Nicole Spreck
(630) 218-8000 Ext. 4896 nicole.spreck@inlandgroup.com
It’s amazing when you think of it, that an asset class so dependent on lower-number transactions could claim $44.1 billion in 2018. But, according to Real Estate Forum’s Influencers of Net Lease, that’s the scorecard. One of the feature’s influencers was Joe Cosenza, vice chairman of The Inland Real Estate Group, LLC. Over the term of Inland’s lifetime, it’s logged $13.7 billion in net lease transactions, “80 to 90 percent of which were retail,” Cosenza tells GlobeSt.com.
Robert A. Stanger & Company reported that non-traded REIT sales totaled $916 million in April, their highest monthly total in more than four years. Inland Real Estate Investment Corporation was ranked as the fourth top alternative investment sponsor.
Joe Cosenza, vice chairman of The Inland Real Estate Group, LLC and president of Inland Real Estate Acquisitions, LLC, is a fan of Opportunity Zones, despite some oddities in the format. Of course, he breaks it all down in this exclusive interview and takes a frank look at the good as well as the, let’s say, odd.
Inland Green Capital, an Illinois-based Property Assessed Clean Energy ("PACE") finance firm, closed on a $30 million credit facility with ING. The facility will finance Inland’s existing residential and commercial PACE assets and help the company grow its commercial PACE originations.
The Millennium Towne Center apartments, an upscale complex located on Jefferson Highway, has been sold to a major Chicago-area real estate company for $49.7 million. Baton Rouge Multifamily is a trust set up by The Inland Real Estate Group of Companies, Inc., based in Oak Brook, Illinois. Inland owns and manages more than 81,000 apartment units in 49 states.
While investor demand for net lease assets remains strong and the market is expected to remain active in 2019, Real Estate Forum wanted to highlight some of the many professionals and organizations who have made an indelible impact on the business, including Joe Cosenza, vice chairman of The Inland Real Estate Group, LLC and president of Inland Real Estate Acquisitions, LLC.
