PRESS ROOMMEDIA COVERAGE ARCHIVE
Inland REIT Explores Possible Transition to Publicly Traded
CoStar November 28, 2017One of the first non-traded REITs formed in the aftermath of the Great Recession, Inland Real Estate Income Trust, Inc., said it is evaluating various options, one of which may be a possible transition to a publicly traded REIT. The Chicago-based REIT approved a 1-for-2.5 reverse stock split and also changed its company’s distribution policy from monthly to quarterly. In addition, the REIT has notified stockholders that it intends to engage an investment bank to assist in exploring and evaluating potential strategies to maximize shareholder value.
Read More >Inland Buys 200-Unit Aurora Apartment Complex
Bisnow November 22, 2017Inland Real Estate Acquisitions, Inc. has purchased Arterra Place Apartments, a 200-unit multifamily property at 17036 East Ohio Drive in Aurora.
Read More >Inland Mortgage Capital Closes $7.5 Million Loan for Student Housing Property
Daily Herald November 22, 2017Oak Brook-based Inland Mortgage Capital, LLC said it closed on a $7.5 million non-recourse bridge loan for a 298-bed, townhouse-style, student housing property located in Bloomington, Indiana, approximately 3 miles southwest of the Indiana University campus.
Read More >Inland Real Estate Acquires 360-Unit Multifamily Community in Denver Submarket of Broomfield
MultifamilyBiz.com November 21, 2017Inland Real Estate Acquisitions, Inc. announced that it negotiated and closed the purchase of 8000 Uptown Apartments, a 360-unit, class A, multifamily property located in Broomfield, Colorado, on the north side of Denver. Matthew Tice, senior vice president of Inland Real Estate Acquisitions, facilitated the transaction, with assistance from Brett Smith, assistant vice president and associate counsel of The Inland Real Estate Group Law Department, on behalf of an Inland affiliate.
Read More >Inland Facilitates the Purchase of 141-Unit Village Gardens Apartments in Fort Collins, Colorado
MultifamilyBiz.com November 7, 2017Inland Real Estate Acquisitions, Inc. announced that it negotiated and helped close the purchase of Village Gardens Apartments, a 141-unit multifamily property located in Fort Collins, Colorado, approximately one hour north of Denver. Matthew Tice, senior vice president of Inland Real Estate Acquisitions, Inc., facilitated the transaction, with assistance from David Neboyskey, assistant vice president and associate counsel of The Inland Real Estate Group Law Department, on behalf of an Inland affiliate.
Read More >