PRESS ROOMNEWS RELEASE
The Inland Real Estate Group of Companies, Inc. Announces its Investment Group Raised More than $800 Million of Capital in 2017
Nicole Spreck
Inland CommunicationsOak Brook, Ill. – The Inland Real Estate Group of Companies, Inc. (“Inland”), one of the nation’s largest commercial real estate and finance groups, announced today that its investment group collectively raised more than $800 million of capital in 2017. Additionally, Inland’s purchasing arm was responsible for the purchase of more than $1.4 billion of commercial real estate, including retail, multifamily, self-storage and medical office buildings during 2017. Since its inception, Inland has raised more than $22 billion.
“Last year, we were pleased that Inland continued to grow its businesses,” commented Daniel L. Goodwin, Chairman and CEO of Inland. “Additionally, we were proud to have received the 2017 Torch Award for Marketplace Ethics for the third time from the Better Business Bureau. This year, 2018, is very special as it commemorates Inland’s 50th Anniversary, during which we will continue to position our businesses for the next 50 years.”
As a business incubator, Inland specializes in creating, developing and sponsoring new business enterprises that provide real estate and finance-related investment funds, including institutional funds, alternative public and private securities, and development, construction and other opportunities. Accordingly, Inland member companies are engaged in real estate businesses in the areas of leasing, commercial real estate brokerage, acquisition, commercial lending, property management and other areas of commercial real estate.
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About The Inland Real Estate Group of Companies, Inc.
The Inland Real Estate Group of Companies, Inc., headquartered in Oak Brook, Illinois, is celebrating its 50th Anniversary in 2018 as one of the nation’s largest commercial real estate and finance groups. The Inland Real Estate Group of Companies, Inc. is comprised of independent legal entities, some of which may be affiliates, share some common ownership or have been sponsored and managed by subsidiaries of Inland Real Estate Investment Corporation.