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This Week's Chicago Deal Sheet
BisnowBB October 31, 20182AAdInland 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 Originates $13.43 Million First Mortgage Loan
The DI WireTT October 29, 20182AAdInPoint 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.
Chicago a Key City for Net Lease Operators
GlobeSt.comGG October 29, 20182AAdB+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.
Peru, Illinois Land Sale Closes for Just Under $1 Million
REJournalsRR October 24, 20182AAdInland 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.
Former Alderman, Commission Leader is Caucus Committee's Early Pick for Lake Forest Mayor
Chicago TribuneCC October 22, 20182AAdLake 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 Promotes Montes, Spiess
REJournalsRR October 10, 20182AAdInland 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.
IPAVision 2018 Conference Recap
The Institute for Portfolio Alternatives TT October 8, 20182AAdDan Wagner, senior vice president of government relations for The Inland Real Estate Group of Companies, Inc., was honored with an Outstanding Service Award from the Institute for Portfolio Alternatives (IPA) for his leadership of the IPA’s Policy & Government Affairs Committee and his commitment to public advocacy in the industry.