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Inland’s Cosenza: Net Lease Is ‘Scorching Hot!’
GlobeSt.com May 13, 2019It’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.
Non-Traded REITs Post Highest Monthly Fundraising in More Than Four Years
The DI Wire May 10, 2019Robert 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.
Breaking It Down: Inland on Opp Zones
GlobeSt.com April 30, 2019Joe 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 Closes $30 Million PACE Credit Facility
Global Capital April 29, 2019Inland 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.
Millennium Towne Center Apartments in Baton Rouge Sells for Nearly $50 Million
The Advocate April 25, 2019The 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.
Real Estate Forum Presents: Influencers in Net Lease
Real Estate Forum April 22, 2019While 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.
InPoint Commercial Real Estate Income Originates $65 Million in First Mortgages in 1Q19
The DI Wire April 19, 2019InPoint Commercial Real Estate Income, Inc., a commercial mortgage real estate investment trust, has originated $65.4 million in floating-rate first mortgage loans during the first quarter of 2019. The $65.4 million of originations include a $42 million first mortgage loan secured by a mixed-use development in New York City, a $9.2 million first mortgage loan secured by a multifamily community in Chicago, and a $14.2 million first mortgage loan secured by a multifamily community in Las Vegas.