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Inland Delivers 1.4x Equity Multiple with a Colorado Springs Multifamily Sale

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).

Inland Fully Subscribes $46 Million Senior Living DST

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.

Industry Veteran David Kasprzak Joins Inland as National Sales Manager

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.

The Inland Real Estate Group of Companies, Inc. Mourns the Loss of Founder, Chairman and CEO Daniel L. Goodwin

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.

Inland Real Estate Investment Corporation Announces the Retirement of its President and CEO Mitchell A. Sabshon and the Appointment of Keith Lampi as Successor Effective February 1, 2024

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.

Inland Acquiring Majority Interest in Devon Self Storage Business

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.

Inland Private Capital Announces Delivery of a Class-A Self-Storage Property in Missouri

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.

Inland Private Capital Announces Delivery of a Class-A Self-Storage Property in Michigan

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.

Inland Private Capital Corporation Goes Full Cycle with Sale of Three Milwaukee-Area Multifamily Communities, Delivers 155% Investor Return

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).

Inland Private Capital Announces Delivery of Class-A Self-Storage Properties in Georgia & Wisconsin

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 799-unit self-storage property located in Macon, Georgia, and a 777-unit self-storage property located in Kenosha, Wisconsin. The openings mark the fifth and sixth self-storage redevelopment deliveries on behalf of an affiliate of IPC.