PRESS ROOMNEWS RELEASE
Inland Private Capital Corporation EVP, Joseph Binder, Honored in GlobeSt.com’s Fifty Under 40
Alyssa Campbell
Inland CommunicationsOak Brook, Ill. – Inland Private Capital Corporation (“IPC”) today announced that Joseph E. Binder, executive vice president – acquisition structure and finance, has been honored as one of GlobeSt.com’s Fifty Under 40. The award recognizes the next generation of professionals who are making strides in the commercial real estate industry and have a solid track record in both transaction volume and their contribution to their company’s overall success.
As Executive Vice President - Acquisition Structure and Finance, Mr. Binder oversees IPC’s acquisition and due diligence process, bridge/permanent financing execution and private placement structuring, across all asset classes in which IPC participates. Mr. Binder’s broad involvement provides continuity across the creation of IPC’s property syndications and consistency from one syndication to the next. Mr. Binder and his team conduct the diligence process, evaluate the merits and risks of each asset, complete pro forma modeling, negotiate financing, build-out third-party management and co-investment arrangements where necessary, and conclude by curating all these components of the transaction process into a disclosure memorandum for investors.
Over the past eight years, Mr. Binder has been involved in the acquisition of over $7 billion in commercial real estate, and has led the placement of bridge/permanent financing and private placement structuring for these acquisitions. In addition to the creativity he has shown in execution at an individual property level, Mr. Binder has been a driving force for IPC’s corporate lines of credit that has resulted in the creation of multiple iterations of $200 million in revolving financing.
After joining IPC in 2008 as a Senior Financial Analyst, Mr. Binder progressed rapidly in his career. In 2012, he was named Senior Vice President and department lead of Underwriting, Acquisition Structure and Finance. Then, at the start of 2019, he was named Executive Vice President – Acquisition Structure and Finance.
“Joe’s aptitude as an innovator and thought leader has been instrumental in IPC’s success, which has anchored on its creation of new investment product strategies that deliver creative solutions to meet the strategic goals of IPC and its investors,” said Keith Lampi, president and chief operating officer of IPC. “I couldn’t be more pleased that GlobeSt.com selected Joe for this well-deserved honor, which serves as an acknowledgment of his many contributions to IPC, its investors and the real estate industry as a whole.”
Mr. Binder is a graduate of the University of Wisconsin at Whitewater, where he earned his bachelor’s degree in Finance. To view GlobeSt.com’s list of this year’s Fifty Under 40 honorees, visit https://www.globest.com/2020/10/07/fifty-under-40-under-40/.
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About Inland Private Capital Corporation
Inland Private Capital Corporation (IPC), headquartered in Oak Brook, IL, is a privately held, industry-leading alternative investment management firm, with an investment focus spanning across a broad range of asset types. As of June 30, 2020, the firm had sponsored 259 private placement real estate offerings, with investments and developments in the multifamily, self-storage, hospitality, healthcare, student housing, retail, corporate office, senior living, and industrial sectors. Many of IPC’s offerings have been designed for investors seeking replacement property to complete an IRS Section 1031 exchange. IPC is recognized as the largest provider of securitized 1031 exchange opportunities in the country, with assets under management (AUM) of more than $8 billion, which includes a diverse national footprint of properties, spanning 43 states across various sectors.