PRESS ROOMMEDIA COVERAGE ARCHIVE
The changing of the calendar to 2019 means that the multifamily sector is coming off close to a decade of robust growth. Matthew Tice, senior vice president of Inland Real Estate Acquisitions, LLC, shared his insights at the recent National Multifamily Housing Council's (NMHC) annual meeting as to what multifamily investors, developers and owners need to know to be successful over the next year.
“As some forms of retail real estate are in transition, grocery-anchored neighborhood shopping centers continue to deliver solid performance,” said Mitchell Sabshon, president and CEO of Oak Brook, IL-based Inland Real Estate Investment Corporation, Inland Real Estate Income Trust, Inc.'s sponsor. “We believe that an expanded grocery-anchored portfolio will allow us to drive operating performance and better position the REIT for a successful liquidity event.”
Inland Real Estate Income Trust, Inc., a publicly registered non-traded real estate investment trust, announced a long-term strategic plan to move toward a liquidity event, most likely through a listing on a public securities exchange, in the next 24 to 36 months or sooner, market conditions permitting. The strategic plan centers around owning a portfolio of 100 percent grocery-anchored shopping centers with lower exposure to big box retailers.
In a Q&A with The Real Deal, Anthony Casaccio, CEO of Inland National Development Company, LLC, revealed how Inland has managed to keep growing through a half-century maelstrom of political and economic shifts.
Inland Real Estate Commercial Brokerage, Inc. has been named the exclusive representative to sell development pods at Heritage Harbor in Ottawa, IL, 80 miles southwest of Chicago. The Heritage Harbor development is a master-planned resort community that surrounds a marina on the Illinois Waterway.
Inland Property Management LLC Announces More Than 16,000 SF in New Leases at Old National Marketplace in GeorgiaMorningstar February 11, 2019
Inland Property Management LLC, a full-service property management firm specializing in the management of commercial real estate properties owned by entities that are part of The Inland Real Estate Group of Companies, Inc., announced today that the Company has signed leases with BenchMark Physical Therapy, WNB Factory and Rainbow Shops at Old National Marketplace in the City of South Fulton, Georgia, approximately 12 miles southwest of Atlanta.
The board of Inland Residential Properties Trust, Inc., a non-traded real estate investment trust sponsored by Inland Real Estate Investment Corporation, has approved a post-distribution estimated net asset value per share of $16.06 for the company’s Class A common stock, as of February 1, 2019.