Media Coverage Archivi
Inland Green Capital Provides $250,000 in Financing for Energy Improvements at Will County Office Towers
REJournals January 19, 2022Inland Green Capital LLC, an environmental finance and investment company, closed and funded a commercial Property Assessed Clean Energy (“C-PACE”) transaction in Mokena, Illinois. The funding, which closed in December 2021, will provide 100 percent financing for rooftop solar PV installations and roof replacements. The C-PACE project is expected to provide the two buildings with about $265,000 in savings over the 25-year financing term, while creating an average of 66 percent of their own overall energy and saving over 1,000 metric tons of CO2e from entering the atmosphere.
Read More >Inland Private Sells Wholesale Club Portfolio, Reports 154% Total Return to Investors
The DI Wire January 19, 2022Inland Private Capital Corporation sold two wholesale club properties, located in Attleboro, Massachusetts and Baltimore, Maryland, on behalf of East Coast Wholesale Portfolio DST, one of its 1031 exchange Delaware statutory trust investment programs. “Throughout the pandemic, we observed aggressive capitalization rate compression on essential business tenants such as warehouse clubs, especially throughout the triple net lease segment of the market. Given the potential for strong valuations, we decided to market the portfolio for sale, resulting in a favorable outcome to investors with average annualized returns ranging from 8.9 to 10.9 percent,” said Keith Lampi, president and chief operating officer of IPC.
Read More >Inland Divests Two BJ’s Warehouse Stores
Chain Store Age January 18, 2022Inland Private Capital Corporation announced that it has sold two BJ’s Warehouse stores. The 115,660-square-foot Attleboro, Massachusetts, property and the 89,348-square-foot Baltimore store were acquired by Inland in 2016. The private placement investment-focused company stated that the return to stakeholders in the properties was 154%.
Read More >December 2021 Nontraded REIT Sales Up 21.4% from November
BlueVault Partners January 17, 2022Blue Vault received December sales totals for ten nontraded REIT program offerings as of January 15, 2022. Sales reported by those ten NTRs totaled $537.4 million, up 21.4% from $442.5 million in November, but up 179% year-over-year from the $116.7 million in sales in December 2020. Among reporting nontraded REITs, InPoint Commercial Real Estate Income, Inc. reported a 150% increase from November to December 2021.
Read More >Inland Private Reports 192% Total Return with Industrial DST Property Sale
The DI Wire January 13, 2022Inland Private Capital Corporation, a sponsor of securitized 1031 exchange offerings, has sold a 125,000-square-foot industrial facility located in Syracuse, New York for $13.4 million on behalf of New York Power DST, one of its 1031 Delaware statutory trust investment programs.
Inland Venture Partners Delivers an Estimated Average Annual Return of 52% with Manufactured Housing Community Portfolio Sale
Blue Vault January 12, 2022Inland Venture Partners, LLC, the private equity real estate arm of Inland Real Estate Investment Corporation, today announced that MH Ventures 2019-1, LLC, a Delaware limited liability company, sold a portfolio of 13 manufactured housing communities in Florida providing an estimated average annual fund-level return, through the end of 2021, of 52 percent.
Top 5 Markets for Self Storage Transactions in 2021
Multi-Housing News January 12, 2022Phoenix has become a hot spot for multifamily investments, driving up the appetite for self storage as well. In December, The Inland Real Estate Group, LLC acquired a 111,874-square-foot facility for $26.6 million or $237.5 per square foot. The sale was part of an 11-property acquisition across Arizona, Florida, Illinois, Oklahoma and Washington.
Inland Brokerage Closes 2021 with Three Chicagoland Sales
Connect Media January 12, 2022Inland Real Estate Commercial Brokerage, Inc. closed out 2021 with the sales of three suburban Chicagoland commercial real estate properties, including two multifamily properties and one retail shopping center. Paul Montes and Eric Spiess, senior vice presidents of Inland Commercial Brokerage, facilitated the sales of all three properties.
Read More >Shopping Center, Apartment Complex Sold in West Suburbs
The Daily Herald January 10, 2022Inland Real Estate Commercial Brokerage, Inc. Monday said it facilitated the sale of a retail shopping center in Downers Grove and an apartment complex in Glen Ellyn shortly before the end of last year.
Read More >Inland Investments Sponsors 103rd American Farm Bureau Convention
WSIL-TV January 07, 2022Inland Real Estate Investment Corporation, one of the nation’s largest sponsors of alternative public and private real estate securities, announced today its sponsorship of the 103rd American Farm Bureau National Convention in Atlanta, January 7-12.
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