PRESS ROOMMEDIA COVERAGE ARCHIVE
Inland Private Takes Another DST Program Full Cycle with 141% Total Return
The DI Wire June 13, 2019Inland 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.
Read More >Another Millennial-Focused Luxury Apartment Complex Rises Near California Blue Line, Offering A Dog Spa And More
Block Club Chicago June 12, 2019The 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.
Read More >Non-traded REIT Sales Surging in 2019
The DI Wire June 12, 2019Robert 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.
Read More >This Apartment Portfolio Sale is Among Colorado's Largest Multifamily Deals of 2019
Denver Business Journal June 11, 2019Last 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.
Read More >Inland’s New Private Equity Platform Partners with Manufactured Housing Firm
The DI Wire June 11, 2019Inland 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.
Read More >Wellness House Walk Cracks $600K Mark
The LaGrange Ledger June 7, 2019Participants in the annual Walk for Wellness House collaborated to raise more than $600,000 for the Hinsdale-based non-profit organization. The Inland Real Estate Group of Companies, Inc. made the largest team contribution of the morning, raising more than $129,000 aggregately.
Read More >Inland Private Capital Completes Industry’s Largest Securitized Full-Cycle 1031 Program
The DI Wire June 7, 2019Inland Private Capital Corporation, a sponsor of 1031 tax deferred exchanges, has sold a portfolio of three multifamily properties located in Colorado for a gross sale price of $206.5 million.
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