Tax-Advantaged Real Estate Investments

Oak Brook, IL – Inland Private Capital Corporation (“IPC”), an industry leading real estate investment manager, and Devon Self Storage (“Devon”), one of the largest privately owned national self-storage developers, owners and managers and a member of The Inland Real Estate Group of Companies, Inc., announced together they have completed construction on an 85,300-square-foot self-storage facility in Lubbock, Texas.

Oak Brook, Ill. – Inland Private Capital Corporation (“IPC”), an industry leading real estate investment manager, today announced the close of the private investment offering of IPC Self-Storage Redevelopment Fund, L.L.C. (“the Fund”).

Oak Brook, Ill. – Inland Private Capital Corporation (“IPC”), an industry leading real estate investment manager, today announced the completion of a more than $37 million capital raise for the private investment offering of IPC Self-Storage Portfolio XXI DST (the “Trust”). The offering has been fully subscribed by investors and is now closed.

The Trust owns two self-storage properties totaling 1,618 units located in New Jersey and Wisconsin. The properties operate under the Devon Self Storage (“Devon”) brand name.

Oak Brook, Ill. – Inland Private Capital Corporation (“IPC”), an industry leading real estate investment manager, today announced the completion of a more than $72 million capital raise for the private investment offering of Glendale BTR DST, an IPC-sponsored Delaware statutory trust (“DST”). The offering has been fully subscribed by investors and is now closed.

Oak Brook, Ill. – Inland Securities Corporation (“ISC”), the exclusive dealer manager and placement agent for real estate investment programs offered by Inland Real Estate Investment Corporation, Inland Private Capital Corporation and Inland Venture Partners, today announced the promotion of Brian Fritz to senior vice president, head of the Exchange Solutions Team.

Oak Brook, Ill. – Inland Private Capital Corporation (“IPC”), an industry leading real estate investment manager, and Devon Self Storage (“Devon”), one of the largest privately owned national self-storage developers, owners and managers announced today they have completed construction on an 86,700-square-foot state-of-the-art self-storage facility in Glassboro, New Jersey. This is the eighth IPC-Devon project delivered in a 10-property fund entirely comprised of self-storage assets in diverse markets throughout the nation.

Oak Brook, Ill. – Inland Private Capital Corporation (“IPC”), an industry leading real estate investment manager, today announced the sale of Uptown Square, an off-campus student housing property serving Texas State University in San Marcos, Texas. IPC, through its subsidiary which serve as asset manager, facilitated the sale of the property on behalf of San Marcos Student Living DST, one of IPC’s 1031 investment programs.

Oak Brook, Ill. – Inland Private Capital Corporation (“IPC”), an industry leading real estate investment manager, today announced the completion of a more than $54 million capital raise for the private investment offering of Fort Myers BTR DST, an IPC-sponsored Delaware statutory trust (“DST”). The offering has been fully subscribed by investors and is now closed.

Oak Brook, Ill. – Inland Private Capital Corporation (“IPC”), an industry leading real estate investment manager, today announced the completion of a more than $76 million capital raise for the private investment offering of Minneapolis MSA Senior Living Portfolio DST, an IPC-sponsored Delaware statutory trust (“DST”). The offering has been fully subscribed by investors and is now closed.

The DST owns three senior living communities, comprised of 321 total units located in Minneapolis, Minnesota, and surrounding suburbs:

Oak Brook, Ill. – Inland Private Capital Corporation (“IPC”), an industry leading real estate investment manager, and University Partners, a leading owner and operator of student housing across the United States, today announced a strategic relationship focused on managing and operating off campus purpose-built student housing opportunities located at leading, top-tier universities throughout the U.S.

Oak Brook, Ill. – Inland Private Capital Corporation (“IPC”), an industry leading real estate investment manager, today announced the sale of Brantley Pines, a multifamily property located in Fort Myers, Florida. IPC, through its subsidiary which serve as asset manager, facilitated the sale of the property on behalf of Fort Myers Multifamily DST, one of IPC’s 1031 investment programs.

The sale resulted in an equity multiple to investors of 1.37 (calculations are based on the aggregate amount of original capital invested in the property).

Oak Brook, Ill. – Inland Private Capital Corporation (“IPC”), an industry leading real estate investment manager, today announced the sale of a retail property currently leased to Best Buy and Golf Galaxy in Downers Grove, Illinois, a southwest suburb of Chicago. IPC, through its subsidiary which serves as asset manager, facilitated the sale of the property on behalf of Downers Grove Retail DST, one of IPC’s 1031 investment programs.

Oak Brook, Ill. – Inland Private Capital Corporation (“IPC”), an industry leading real estate investment manager, today announced the completion of a more than $26 million capital raise for the private investment offering of Irish Row Student Housing DST, an IPC-sponsored Delaware statutory trust (“DST”). The offering has been fully subscribed by investors and is now closed.

Oak Brook, Ill. – Inland Private Capital Corporation (“IPC”), an industry leading real estate investment manager, today announced the sale of the Estate at Woodmen Ridge Apartment Homes in Colorado Springs, Colorado. IPC, through its subsidiaries which serve as asset managers, facilitated the sale of the property on behalf of Colorado Springs Multifamily DST, one of IPC’s 1031 investment programs.

The sale resulted in an equity multiple to investors of 1.4x, (calculations are based on the aggregate amount of original capital invested in the property).

Oak Brook, Ill. – Inland Private Capital Corporation (“IPC”), an industry leading real estate investment manager, today announced the completion of a more than $46 million capital raise for the private investment offering of Algonquin Senior Living DST, an IPC-sponsored Delaware statutory trust (“DST”). The offering has been fully subscribed by investors and is now closed.

The DST owns a Class A, private pay, 186-unit senior living community in Algonquin, Illinois. The community is comprised of independent living, assisted living and memory care units.

Oak Brook, Ill. – Inland Securities Corporation (“Inland Securities” or “the firm”), the exclusive dealer manager and placement agent for real estate investment programs offered by Inland Real Estate Investment Corporation and its affiliates, which are part of The Inland Real Estate Group of Companies, Inc. (“Inland”) announced today that David Kasprzak has joined the firm as executive vice president, national sales manager.

Oak Brook, Ill. – It is with great sadness that The Inland Real Estate Group of Companies, Inc. (“Inland”) announces that its Founder, Chairman and CEO Daniel L. Goodwin passed away last night at the age of 80.

Oak Brook, Ill. – (January 11, 2024) Inland Real Estate Investment Corporation (“Inland Investments” or “the Company”) one of the nation’s largest investment managers of both public and private real estate securities products, announced today that Mitchell A. Sabshon has decided to retire from his positions of President, CEO and as a director of Inland Investments effective February 1, 2024, and the Company’s Board of Directors has appointed Keith Lampi as his successor. Mr.

Oak Brook, Ill. – The Inland Real Estate Group of Companies, Inc., one of the nation’s largest commercial real estate and finance groups, announced an agreement for Inland to purchase a majority interest in the business of Devon Self Storage Holdings (US) LLC (“Devon”), one of the largest privately owned national self-storage operators. Currently, Devon manages 202 properties and approximately 109,000 units nationally.

Oak Brook, Ill. – Inland Private Capital Corporation (“IPC”), an industry leading real estate investment manager, and Devon Self Storage Holdings (US) LLC (“Devon”), a privately held national storage operator and developer, today announced the delivery of a 731-unit self-storage property located in Springfield, Missouri. The opening marks the ninth self-storage redevelopment delivery on behalf of an affiliate of IPC.

Oak Brook, Ill. – Inland Private Capital Corporation (“IPC”), an industry leading real estate investment manager, and Devon Self Storage Holdings (US) LLC (“Devon”), a privately held national storage operator and developer, today announced the delivery of an 807-unit self-storage property located in Warren, Michigan, approximately 13 miles north of downtown Detroit. The opening marks the eighth self-storage redevelopment delivery on behalf of an affiliate of IPC.

Oak Brook, Ill. – Inland Private Capital Corporation (“IPC”) today announced the sale of three multifamily communities in Milwaukee and Brookfield, Wisconsin. IPC, through its subsidiaries which serve as asset managers, facilitated the sale of the properties on behalf of Milwaukee MSA Multifamily Portfolio DST, one of IPC’s 1031 investment programs.

The sale resulted in a total return to investors of 154.52 percent, (calculations are based on the aggregate amount of original capital invested in the properties).

Oak Brook, Ill. – Inland Private Capital Corporation (“IPC”), an industry leading real estate alternative investment manager, and a member of The Inland Real Estate Group of Companies, Inc., today announced the close of an exceptionally strong year. Despite the economic turbulence that occurred throughout the broader U.S. economy in 2022, IPC ended the year with $12.2 billion in assets under management and $1.45 billion in new capital raised.

Oak Brook, Ill. – Inland Private Capital Corporation (“IPC”), an industry leading real estate investment manager and Devon Self Storage Holdings (US) LLC (“Devon”), a privately held national storage operator and developer, today announced the delivery of a 652-unit self-storage property located in Hazlet, New Jersey. The opening marks the fourth redevelopment delivery on behalf of an affiliate of IPC.

Oak Brook, Ill. – Inland Private Capital Corporation (“IPC”) today announced the sale of a BJ’s Wholesale Club property located in Gainesville, Virginia. IPC, through its subsidiary that serves as asset manager, facilitated the sale of the property on behalf of DC MSA Retail DST, one of IPC’s 1031 investment programs.

The sale resulted in a total return to investors of 192.80 percent of their original investment.

Oak Brook, Ill. – Inland Private Capital Corporation (“IPC”), an industry leading real estate investment manager, together with its joint venture partner Devon Self Storage Holdings (US) LLC (“Devon”), a privately held national storage operator and developer, today announced the opening of a 765-unit self-storage property located in Racine, Wisconsin. The opening marks the latest delivery on behalf of Self-Storage Qualified Opportunity Fund, L.L.C., an IPC-sponsored Qualified Opportunity Fund. 

Oak Brook, Ill. – Inland Private Capital Corporation (“IPC”) today announced the refinancing of the multifamily development indirectly owned by Daytona Multifamily Opportunity Zone, L.L.C. (the “Fund”). Financing proceeds from the transaction provided investors in the Fund with a special distribution, representing approximately 91 percent of their initial investment.

Oak Brook, Ill.– Inland Private Capital Corporation (“IPC”) today announced the sale of the Chenal Commons Shopping Center (“Chenal Commons”) in Little Rock, Arkansas, for $14,550,000, a premium to the allocated offering price paid by investors. IPC, through its subsidiary that serves as asset manager, facilitated the sale of the property on behalf of Chenal Commons DST, one of IPC’s 1031 investment programs.

The sale resulted in a total return to investors of 204.41 percent of their original investment, and an average annual return of approximately six percent.

Oak Brook, Ill.– Inland Private Capital Corporation (“IPC”) today announced the sale of two pharmacy portfolios for a combined total of $80 million, a premium to the allocated offering price paid by investors. IPC, through its subsidiary that serves as asset manager, facilitated the sales on behalf of Pharmacy Portfolio III DST and Pharmacy Portfolio IV DST, both structured as zero cash flow programs (“zeros”).

Oak Brook, Ill.– Inland Private Capital Corporation (“IPC”) today announced the sales of 29 pharmacy properties in 5 months. The properties, totaling 398,040 square feet, sold through various transactions, for a total of $172.3 million, a premium to the allocated offering price paid by investors. IPC, through its subsidiary that serves as asset manager, facilitated the sales on behalf of nine IPC 1031 investment programs.