PRESS ROOMMEDIA COVERAGE ARCHIVE
The Inland Real Estate Group, LLC announced that its IT department has received Realcomm's Commercial Real Estate Digital Innovation or "Digie" Award for the Best Use of Automation for the second year in a row. Realcomm's "Digie" Awards recognize companies, real estate projects, technologies and people that have positively impacted the real estate industry through the use of technology, automation and innovation.
Inland Private Capital Corporation announced the sale of the Hurstbourne Estates Apartments, a 270-unit multifamily community located in Louisville, Kentucky.
Inland Private Capital Corporation, a sponsor of 1031 tax deferred exchanges, has sold Hurstbourne Estates Apartments, a 270-unit multifamily community located in Louisville, Kentucky. The property was sold on behalf of Louisville Multifamily DST, a Delaware statutory trust/1031 exchange investment program.
Another Millennial-Focused Luxury Apartment Complex Rises Near California Blue Line, Offering A Dog Spa And MoreBlock Club Chicago June 12, 2019
The 100-unit apartment complex at 2835-45 W. Belden Ave., which is geared toward millennials, is expected to open sometime in January of 2020 with pre-leasing beginning about six months prior to opening, according to Anthony Casaccio, president of Inland National Development Company, LLC, the developer behind the project.
Robert A. Stanger & Company's survey of the top sponsors of alternative investments revealed that nearly $7.6 billion was raised through May via the retail pipeline. Stanger estimates that fundraising will exceed $16 billion across these alternative investments, up 24 percent over 2018 levels. The Inland Real Estate Group, LLC is identified by Stanger as one of the top alternative investment sponsors.
Last week, a securitized 1031 program made up of three apartment complexes in Colorado sold for a record $206.4 million - one of the largest transactions of its kind ever recorded in the history of that market. Keith Lampi, president and chief operating officer of Inland Private Capital Corporation, told the Denver Business Journal that the deal gives liquidity to more than 240 investors. Lampi also said about 85% of investors elected to do a subsequent exchange and put their earnings into another 1031 program.
Inland Venture Partners, LLC, a sponsor of private equity real estate investments, has partnered with Gemstone Communities, an owner and manager of manufactured housing communities throughout the United States.