Media Coverage Archivi
Insights from NMHC 2019: Apartment Investment Outlook
Connect Media February 07, 2019At NMHC’s 2019 gathering in San Diego, Mark Cosenza, senior vice president of Inland Real Estate Acquisitions, LLC, shared his outlook for apartment investment heading into the year.
Read More >Stanger and IPA Launch Non-Traded REIT Performance Indexes
The DI Wire February 06, 2019Robert A. Stanger & Co. and the Institute for Portfolio Alternatives have launched the IPA/Stanger Monitor, a new report that tracks the total return of 58 non-traded REITs, including seven NAV REITs, with a combined market capitalization of more than $49.5 billion. Inland Residential Properties Trust, Inc. (Class T shares) came in second in the list of top performing non-traded REITs based on the share class generating the highest total return with an annualized return of 12.63 percent in the first year, 9.17 percent in the second year and 7.66 percent in the third year.
Read More >Inland Residential Properties Trust Announces $16.06 Estimated NAV
BlueVault February 06, 2019Inland Residential Properties Trust, Inc.'s Business Manager estimated that its real estate sales values, less transaction costs, payments due to related parties, plus cash and other assets net of liabilities, and less debt, totaled $35.1 million. With 2,183,727 Class A shares outstanding, the estimated NAV per share is $16.06. Including the $4.53 per share initial liquidating distribution, the total liquidating distributions estimate would be $20.59 per share.
Read More >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.
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