Media Coverage Archivi
Inland Residential Sells Illinois Multifamily Property for $24.6 Million
The DI Wire December 28, 2018Inland Residential Properties Trust, Inc., a publicly registered non-traded real estate investment trust, has completed the sale of “The Commons at Town Center,” an 85-unit multifamily community located in Vernon Hills, Illinois, for approximately $24.6 million.
Read More >Inland Residential Shareholders Approve Plan of Liquidation
The DI Wire December 26, 2018Shareholders of Inland Residential Properties Trust, Inc., a publicly registered non-traded real estate investment trust, have approved the company’s plan of liquidation, which includes selling the company’s assets, distributing the net cash to shareholders, and dissolving the company. The REIT’s board approved the plan in September.
Read More >InPoint Originates $24.6 Million First Mortgage Loan for Orlando Multifamily Property
The DI Wire December 14, 2018InPoint Commercial Real Estate Income, Inc., a commercial mortgage real estate investment trust sponsored by Inland Real Estate Investment Corporation and sub-advised by an affiliate of Sound Point Capital Management LP, has originated a first mortgage loan for a 360-unit, garden-style multifamily property located in Orlando, Florida. The loan is comprised of a $24.56 million initial funding and a potential future funding of $4.75 million, for a total potential loan amount of $29.31 million.
This Week's Chicago Deal Sheet
Bisnow December 11, 2018Inland Real Estate Commercial Brokerage, Inc. facilitated the sale of Deer Creek Condominiums, a 58-unit residential property in Gurnee, Illinois, a northern suburb of Chicago. Inland Senior Vice Presidents Paul Montes and Eric Spiess handled the transaction on behalf of the sellers, Deer Creek Venture Corp. and Condo Opportunities Corp., wholly owned subsidiaries of Oak Brook, Illinois-based Inland National Development Corporation.
Read More >Inland Residential Begins to Execute Liquidity Plan with Sale of Illinois Property
The DI Wire December 10, 2018Inland Residential Properties Trust, Inc., a publicly registered non-traded real estate investment trust, entered into an agreement to sell “The Commons at Town Center” an 85-unit multifamily community located in Vernon Hills, Illinois for approximately $24.6 million.
Read More >Inland Real Estate Acquisitions, LLC Closes the Purchase of A Medical Office Portfolio in Arizona
Arizona Daily Star December 06, 2018Inland Real Estate Acquisitions, LLC announced today that it negotiated and closed the purchase of a portfolio of eight medical office buildings located in Mesa, Chandler, Gilbert, Glendale and Scottsdale, Arizona. Matthew Tice, senior vice president of Inland Real Estate Acquisitions, LLC, completed the deal, with assistance from David Neboyskey, vice president and associate counsel of The Inland Real Estate Group, LLC, Law Department, on behalf of an Inland affiliate.
Read More >Inland Real Estate Completes Off-Market Sale of Gurnee Multifamily Property
REJournals December 05, 2018Inland Real Estate Commercial Brokerage, Inc. announced the sale and closing of Deer Creek Condominiums, a 58-unit residential property located in Gurnee, Illinois, a northern suburb of Chicago. Deer Creek Venture Corporation and Condo Opportunities Corporation, wholly owned subsidiaries of the Inland National Development Company, LLC, sold the property to a private investment group. Paul Montes and Eric Spiess, senior vice presidents of Inland Commercial Brokerage, facilitated the transaction on behalf of the sellers.
Read More >REjournals Set to Host 17th Annual Real Estate Forecast Conference
REJournals December 05, 2018REjournals will host the 17th Annual Commercial Real Estate Forecast Conference on Tuesday, January 8, 2019 at the Hyatt Regency Chicago. Confirmed speakers for breakout sessions include Art Rendak of Inland Mortgage Capital, LLC and Don Stewart of Inland Investment Real Estate Services.
Read More >Associated Bank Completes $14M Loan for Retail Property in Northville Township, Mich.
Associated Bank December 04, 2018Associated Bank announced the completion of a $14,080,000 loan to Inland Retail Property Fund, LP, for the acquisition of Northville Park Place,18771-39869 Traditions Drive in Northville Township (in Wayne County), Michigan. The six-building, 78,833-square-foot retail center, located at the southwest corner of Seven Mile Road and Haggerty Road, is anchored by Trader Joe’s. Other tenants include Granite City, Rusty Bucket and Sherwin Williams.
Read More >Mentorship, Marketing, Real Estate and More
Fried on Business December 03, 2018Jim Fried discusses mentorship with Jonathan Stein from Inland Real Estate Commercial Brokerage, Inc., a leading expert connector in the commercial real estate industry.
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