PRESS ROOMMEDIA COVERAGE ARCHIVE
Inland, Sound Point Debt Venture Launches Non-Traded REIT
Commercial Real Estate Direct July 10, 2017InPoint Commercial Real Estate Income, Inc., the debt-investing venture that recently was formed by Inland Real Estate Investment Corporation and Sound Point Capital, already has completed two investments.
Read More >As McDonald’s Pulls up Stakes, What’s Next for Oak Brook Campus?
Crain's Chicago Business June 24, 2017The McDonald's campus south of the tollway already has attracted the interest of one big company: The Inland Real Estate Group, Inc. is mulling an acquisition of the property, which includes McDonald's 400,000-square-foot headquarters building, Hamburger University, a 114,000-square-foot building and the 218-room Hyatt. After moving there, Inland would redevelop its current headquarters at Butterfield and Meyers roads. "We're still analyzing the whole concept," says Inland Chairman Dan Goodwin. "We're at the stage where we're talking about economic feasibility."
Read More >Inland Mortgage Capital President Honored by All Stars Project
REJournals.com June 23, 2017Art Rendak, president of Inland Mortgage Capital, was honored with an award for his involvement in the All Stars Project of Chicago during a benefit luncheon on June 16. The All Stars Project is a privately funded national organization that works collaboratively with local programs for inner city youth.
Read More >Trump Tax Plan Targets Loophole That Spurs Property Investment, Critics Say
Chicago Agent Magazine June 23, 2017A like-kind exchange essentially allows property owners to sell a building and avoid paying taxes on those profits if they re-invest in other property. The thinking behind the policy, which has been part of IRS code for 90 years, is that it spurs further investment in properties, including housing, commercial property and even farmland. Dan Wagner, senior vice president of government relations at The Inland Real Estate Group, Inc., explained how like-kind exchanges work in a Crain’s Chicago op-ed.
Read More >Inland Mortgage Capital President Discusses the Rules for Playing in the Small Bridge Loan Space
National Real Estate Investor June 16, 2017For commercial real estate investors seeking money to prop up a property, relatively small loans can be hard to come by. Private lender Inland Mortgage Capital wants to fill that void. In a Q&A with NREI, Art Rendak, president of Inland Mortgage Capital, explains how the company’s bridge lending program works, what type of borrower it targets and what the future holds for short-term bridge loans ranging from $3 million to $12 million.
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Inland Private Nets 152% Return with Florida Multifamily Property Sale
The DI Wire June 13, 2017Inland Private Capital Corporation, a sponsor of 1031 tax deferred exchanges, sold Lost Creek Resorts at Lakewood Ranch Apartments in Bradenton, Florida near Sarasota for $50.5 million. An IPC subsidiary facilitated the sale on behalf of one of its 1031 investment programs.
Read More >Recently Passed Legislation to Open Up PACE Financing in Illinois
Midwest Energy News June 13, 2017Inland Green Capital, LLC is a Chicago-area company that provides capital for PACE projects through eight different programs in four states. Inland’s property development affiliates often use PACE financing for upgrades in their buildings. Inland Green Capital, LLC lobbied for passage of the Illinois bill, and senior vice president Mark Pikus said the company would like to work with Illinois municipalities to get PACE up and running.
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