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Inland Fully Subscribes Minnesota-Based $76.7 Million Senior Living DST
The DI Wire July 26, 2024Inland Private Capital Corporation, a real estate investment manager, has completed a $76.7 million capital raise for the private investment offering of Minneapolis MSA Senior Living Portfolio DST, an Inland Private Capital-sponsored Delaware statutory trusts. The offering has been fully subscribed by investors and is now closed. The DST owns three senior living communities, comprised of 321 total units located in Minneapolis, Minn., and surrounding suburbs: The Waters of Edina in Edina, The Waters on 50th in Minneapolis, and The Waters of Plymouth in Plymouth.
Read More >Devon Self Storage Portfolio Grows to More than 170 Properties
Modern Storage Media July 25, 2024Devon Self Storage, a member of The Inland Real Estate Group of Companies, Inc., announced today it has assumed the property management contracts for 19 self-storage properties in Arizona (5), Florida (1), Georgia (2), Kentucky (2), Tennessee (2), Texas (5), Oregon (1), and Washington (1), totaling approximately one million square feet.
Read More >Inland Takes Florida DST Full Cycle, Achieving 6.45% IRR to Investors
The DI Wire July 12, 2024Inland Private Capital Corporation has sold Brantley Pines, a multifamily property located in Fort Myers, Florida. Inland Private Capital, through its subsidiary which serves as asset manager, facilitated the sale of the property on behalf of Fort Myers Multifamily DST, one of Inland Private Capital’s 1031 investment programs.
Read More >Inland Takes Chicago Retail-Focused DST Full-Cycle, Delivers 1.75x Equity Multiple to Investors
The DI Wire June 28, 2024Real estate investment manager Inland Private Capital Corporation has sold a retail property currently leased to Best Buy and Golf Galaxy in Downers Grove, Ill., a southwest suburb of Chicago.
Read More >Sponsored: Leveraging Commercial Real Estate as a Diversification Tool for Client Portfolios
The DI Wire June 24, 2024Keith Lampi, president and chief executive officer of Inland Real Estate Investment Corporation, discusses how financial professionals have increasingly turned to commercial real estate as a valuable investment to diversify and strengthen client portfolios. This shift has been driven by the desire to enhance the traditional 60/40 portfolio mix, especially after the market volatility experienced in 2022.
Read More >Dan Wagner Elected as Chairman of the Illinois Chamber Board of Directors
Illinois Chamber of Commerce June 20, 2024The Illinois Chamber of Commerce Board of Directors announced the appointment of Dan Wagner, SVP of Government Relations at The Inland Real Estate Group of Companies, Inc., as its new Board Chairman. Dan was elected to the position during the June 20 board meeting.
Read More >People on the Move: Cassie Hrtanek
Crain's Chicago Business June 17, 2024Cassie Hrtanek was appointed Chief Operating Officer for The Inland Real Estate Group, LLC, one of the nation’s largest commercial real estate and finance groups. Ms. Hrtanek is responsible for human resources, information technology, property tax, risk management, communications, marketing, and purchasing. “Cassie’s invaluable experience, dedication, proven track record, leadership and profound understanding of Inland and its member companies make her a natural fit for the role,” said Tony Chereso, CEO and President of Inland.
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