Media Coverage Archivi
Inland Residential Sells Final Property for $40.5M; Retires $21.9M Freddie Loan
Commercial Real Estate Direct August 27, 2019Inland Residential Properties Trust, Inc., which adopted a liquidation plan last year, has sold its last property. The Oak Brook, Ill., non-traded REIT, sponsored by Inland Real Estate Investment Corporation, sold the 332-unit Verandas at Mitylene in Montgomery, Ala., for $40.5 million.
Read More >Best of the Best: Top Owners and Property Managers
Midwest Real Estate News August 27, 2019The Inland Real Estate Group of Companies, Inc. ranked 16th in the Top Owners category and 28th in the Top Property Managers category in the publication's annual "Best of the Best" ranking.
Read More >Top 10 Multifamily Transactions in the South
Multi-Housing News August 20, 2019The Inland Real Estate Group of Companies, Inc. sold the 270-unit Hurstbourne Estates in June for $45.5 million, or $168,518 per unit. Located in Louisville, the property was roughly 95 percent occupied at the time of sale and offers one-, two- and three-bedroom units averaging 1,020 square feet.
Read More >Next Generation Honoree: Inland’s Eugene Rutenberg a Seasoned Finance Professional
Connect Media August 19, 2019Eugene Rutenberg joined Inland Mortgage Capital, LLC in June 2018 as SVP of loan origination for the western U.S. The new level of seniority represents the latest achievement for a seasoned commercial real estate professional who has closed more than $400 million of complex debt and equity transactions.
Read More >InPoint Originates $100 Million in First Mortgage Loans in 2Q19
The DI Wire August 07, 2019InPoint Commercial Real Estate Income, Inc., a commercial mortgage real estate investment trust, originated more than $100 million in floating-rate first mortgage loans during the second quarter of 2019.
Read More >Net Lease and Industrial: Two Strong Sectors That Perform Well Together
REJournals August 05, 2019Throughout this record-long period of economic growth, there have been two asset classes that have performed particularly well: industrial and net lease. For investors, the two combined can yield interesting results. That’s the message heard by the more than 175 attendees of the fifth annual Net Lease Summit. Joe Binder, executive vice president of acquisition structure and finance at Inland Private Capital Corporation, was among the panel participants.
Read More >Securitized 1031 Exchange Programs to Exceed 2018 Fundraising as DSTs Move Mainstream
The DI Wire August 02, 2019Inland Private Capital Corporation remains the leading 1031 sponsor, followed by ExchangeRight Real Estate with 9 percent. “Inland alone monetized just shy of $500 million in assets during the first half of 2019, which provided liquidity to investors that desired it, and an opportunity to further diversify by sector and geography to investors that chose to complete a subsequent 1031 exchange,” said Keith Lampi, director, president and chief operating officer of Inland Private Capital Corporation.
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