Media Coverage Archivi
Non-Traded REITs Post Highest Monthly Fundraising in More Than Four Years
The DI Wire May 10, 2019Robert A. Stanger & Company reported that non-traded REIT sales totaled $916 million in April, their highest monthly total in more than four years. Inland Real Estate Investment Corporation was ranked as the fourth top alternative investment sponsor.
Read More >Breaking It Down: Inland on Opp Zones
GlobeSt.com April 30, 2019Joe Cosenza, vice chairman of The Inland Real Estate Group, LLC and president of Inland Real Estate Acquisitions, LLC, is a fan of Opportunity Zones, despite some oddities in the format. Of course, he breaks it all down in this exclusive interview and takes a frank look at the good as well as the, let’s say, odd.
Read More >Inland Green Capital Closes $30 Million PACE Credit Facility
Global Capital April 29, 2019Inland Green Capital, an Illinois-based Property Assessed Clean Energy ("PACE") finance firm, closed on a $30 million credit facility with ING. The facility will finance Inland’s existing residential and commercial PACE assets and help the company grow its commercial PACE originations.
Read More >Millennium Towne Center Apartments in Baton Rouge Sells for Nearly $50 Million
The Advocate April 25, 2019The Millennium Towne Center apartments, an upscale complex located on Jefferson Highway, has been sold to a major Chicago-area real estate company for $49.7 million. Baton Rouge Multifamily is a trust set up by The Inland Real Estate Group of Companies, Inc., based in Oak Brook, Illinois. Inland owns and manages more than 81,000 apartment units in 49 states.
Read More >Real Estate Forum Presents: Influencers in Net Lease
Real Estate Forum April 22, 2019While investor demand for net lease assets remains strong and the market is expected to remain active in 2019, Real Estate Forum wanted to highlight some of the many professionals and organizations who have made an indelible impact on the business, including Joe Cosenza, vice chairman of The Inland Real Estate Group, LLC and president of Inland Real Estate Acquisitions, LLC.
Read More >InPoint Commercial Real Estate Income Originates $65 Million in First Mortgages in 1Q19
The DI Wire April 19, 2019InPoint Commercial Real Estate Income, Inc., a commercial mortgage real estate investment trust, has originated $65.4 million in floating-rate first mortgage loans during the first quarter of 2019. The $65.4 million of originations include a $42 million first mortgage loan secured by a mixed-use development in New York City, a $9.2 million first mortgage loan secured by a multifamily community in Chicago, and a $14.2 million first mortgage loan secured by a multifamily community in Las Vegas.
Read More >Top Multifamily Completions in Orlando
Multi-Housing News April 18, 2019Based on Yardi Matrix data, Integra 360 Apartment Homes is one of the largest multifamily projects delivered in Orlando during the last 12 months. The Inland Real Estate Group of Companies, Inc. recently acquired the 360-unit community situated at 1700 Integra Land Way.
Read More >Securitized 1031 Exchange Programs Expected to Reach Nearly $2.7 Billion in 2019
The DI Wire April 17, 2019Mountain Dell Consulting, a market research and analytics firm focused on the securitized 1031 exchange marketplace, recently released its first quarter 2019 report which revealed that securitized 1031 programs are on pace to raise $2.65 billion this year. Inland Private Capital Corporation remains the leading 1031 sponsor with 28 percent of the market share.
Read More >Illinois Chamber Day
ILChamber.org April 12, 2019Illinois Chamber Day was held at the State House Inn on March 22, 2019. The agenda included discussion on transportation, recreational cannabis, association health plans, updates from the United States Chamber of Commerce and other business topics. Daniel Wagner, senior vice president of government relations for The Inland Real Estate Group of Companies, Inc., was in attendance and photographed with Congressman Rodney Davis (R-IL) from the 13th District.
Non-Traded REIT Fundraising Up Significantly
The DI Wire April 11, 2019The latest Robert A. Stanger & Co. report on industry sales is out, and non-listed REIT sales are up. In the report, Stanger also now tracks all alternative products. In addition to non-listed REITs, the Stanger report now takes into account 1031 exchanges, DSTs and other alternative real estate investment products. On this new schedule, Inland Real Estate Investment Corporation ranked fourth in the industry overall for fundraising in 2018, and is currently ranked as fourth for industry sales year-to-date in 2019.
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