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Top Regional Leaders Honored at Better Business Bureau of Chicago and Northern Illinois’ 92nd Annual Dinner Meeting
Better Business Bureau March 15, 2019The Better Business Bureau of Chicago & Northern Illinois announced this year’s award winners and new board members activated at its 92nd Annual Dinner held on Thursday, March 7, 2019 at the Swissotel Chicago. The Torchbearer of the Year Award was presented to Daniel Goodwin. As Chairman and CEO of The Inland Real Estate Group of Companies, Inc., Dan oversees a business that specializes in creating, developing and supporting separate real estate investment and financial companies. His passionate focus on ethics in business led to The Inland Real Estate Group of Companies winning the coveted Better Business Bureau Torch Award for Marketplace Ethics three times in the last eight years.
Read More >Inland Real Estate Income Trust Declares NAV Per Share
The DI Wire March 12, 2019The board of Inland Real Estate Income Trust, Inc., a publicly registered non-traded real estate investment trust, has declared a net asset value per share of $20.12 for the company’s common stock.
Read More >Inland Private Capital Sells Houston-Area Community
Multi-Housing News March 8, 2019Inland Private Capital Corporation has traded Retreat at Shadow Creek Ranch, a 370-unit multifamily asset in Pearland, Texas. Goldman Sachs Asset Management Private Real Estate purchased the community in a transaction which, according to Yardi Matrix data, involved a $28.8 million loan held by TIAA.
Read More >Top 10 Apartment Owners in Denver
Multi-Housing News February 25, 2019Multi-Housing News ranked The Inland Real Estate Group of Companies, Inc. as the second top apartment owner in Denver. Inland owns 20 communities in Denver totaling 5,167 units, with the largest being Conifer Creek. The community consists of 53 buildings on a 10.6-acre lot and offers 480 one- and two-bedroom units. Conifer Creek was built between 1984 and 1986 and offers a wide array of amenities, including fitness center and jogging trails, clubhouse, swimming pool, 24-hour courtesy patrol and landscaped surroundings.
Read More >Insights from NMHC 2019: Competing in the Apartment Sector
Connect Media February 21, 2019The 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.
Read More >Inland Income Trust Shifts Focus to Grocery-Anchored Centers
Connect Media February 20, 2019“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.”
Read More >Inland Income Trust Outlines Strategic Plan for Future Liquidity
The DI Wire February 19, 2019Inland 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.
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