PRESS ROOMMEDIA COVERAGE ARCHIVE
Inland’s Lynch named to CRE Hall of Fame
Chain Store Age January 31, 2019“I’m fortunate to work for an organization that values the perspectives women can bring to the table and to be part of a dedicated, talented and knowledgeable team that operates at the highest level of integrity,” said Catherine Lynch.
Read More >Inland Residential Pays Initial Liquidating Distribution
The DI Wire January 30, 2019Inland Residential Properties Trust, Inc., a publicly registered non-traded real estate investment trust, has paid shareholders an initial liquidating distribution of approximately $4.53 per share funded from last month’s sale of The Commons at Town Center, an 85-unit multifamily property located in Vernon Hills, Illinois. The sale price was approximately $24.6 million.
Read More >Lombard Apartment Complex Sells for $2.15 Million
Daily Herald January 29, 2019Inland Real Estate Commercial Brokerage, Inc. recently closed the sale of a 28-unit apartment complex in Lombard for $2.15 million. Paul Montes and Eric Spiess, senior vice presidents of Oak Brook-based Inland Commercial Brokerage, facilitated the transaction on behalf of the seller.
Read More >2018 Commercial Real Estate Hall of Fame: Catherine Lynch
Midwest Real Estate News January 28, 2019Midwest Real Estate News recognized Catherine Lynch, chief financial officer of Inland Real Estate Investment Corporation, in its 2018 Commercial Real Estate Hall of Fame. As CFO, Lynch is responsible for overseeing all financial activities, including financial reporting, budgeting and acquisition finance structuring, as well as partnering with the executive leadership teams on strategic planning.
Read More >The Apartment Report
Crittenden Research January 28, 2019The Inland Real Estate Group, LLC expects to buy more than $800 million in multifamily assets in addition to investing in other property types, says Joe Cosenza, vice chairman of The Inland Real Estate Group and president of Inland Real Estate Acquisitions, LLC. Also expect there to be more concessions in 2019 in the multifamily market as everyone is competing for the same people to rent.
Read More >Inland Private Capital’s Keith Lampi Shares Outlook for 1031 Industry
The DI Wire January 18, 2019Fresh off another record-breaking year, Inland Private Capital Corporation (IPC) remains the industry leader in securitized 1031 exchange transactions. And Keith Lampi, president, director and chief operating officer of IPC, believes 2019 will be another active year for the industry. “As we enter 2019, I see continued growth in investor demand and additional expansion in product diversity,” said Lampi. “Strength in asset pricing coupled with a product’s strategic play on demography will have a key role in sustainable growth in investor demand.” Lampi believes the aging Baby Boomer cohort of investors has demonstrated an increasing desire to sell highly appreciated properties that had been actively managed, and exchange proceeds into a passive ownership vehicle, which is a financial planning phenomenon that should drive investor appetite for securitized 1031 product for many years to come.
Read More >Home2 Suites to Open This Week in Holland Township
Holland Sentinel January 9, 2019After nearly a year of planning and construction, Holland’s new Home2 Suites hotel will open Thursday. Developed by Inland National Development Company, LLC, the hotel is located at 3140 West Shore Drive and features 109 suites with lifestyle-focused amenities and separate living and bedroom space. Each room has a kitchen with a refrigerator, dishwasher, microwave oven and coffee maker.
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