In the News In the News
Inland Private Capital and Core Spaces Form Strategic Joint Venture Targeting Student Housing Opportunities at Leading Universities
Oak Brook, Ill.– Inland Private Capital Corporation ("IPC"), and Core Spaces, a vertically integrated residential real estate developer, owner, and operator, today announced a strategic joint venture targeting ground-up, and substantially complete, off campus purpose-built student housing opportunities located at leading, top-tier universities throughout the United States.
Inland Private Capital Corporation Fully Subscribes Single-Family Rental Community DST
IPC Expands its Single-Family Rental Portfolio to More than $700 Million in AUM
Oak Brook, Ill. – Inland Private Capital Corporation (“IPC”) today announced the private investment offering of Phoenix SFR DST, an IPC-sponsored Delaware statutory trust, has been fully subscribed by investors, bringing IPC’s total single-family rental (“SFR”) portfolio AUM to more than $700 million.
Inland Private Capital Corporation Successfully Closes Two Self-Storage QOZ Conversion Funds with $252 Million in Investor Equity
Oak Brook, Ill. – Inland Private Capital Corporation (“IPC”) today announced the closing of two qualified opportunity zone (“QOZ”) offerings, Self-Storage Qualified Opportunity Fund, L.L.C. and Self-Storage Qualified Opportunity Fund II, L.L.C. (together, the “Funds”), after raising more than $252 million from investors.
Inland Private Capital Corporation Monetizes Eight-Property Walgreens Portfolio on Behalf of Investors
Oak Brook, Ill. – Inland Private Capital Corporation (“IPC”) today announced the sales of eight Walgreens properties, totaling 113,130 square feet across four states. The properties sold in separate transactions, for a total of $37 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 Sale Leaseback II DST, one of IPC’s 1031 investment programs.
Inland Private Capital Corporation Delivers 203% Return to Investors with the Sale of Two Multifamily Communities
Oak Brook, Ill. – Inland Private Capital Corporation (“IPC”) today announced the sale of two multifamily communities in Las Vegas, Nevada and Charlotte, North Carolina. IPC, through its subsidiaries which serve as asset managers, facilitated the sale of the properties on behalf of National Multifamily Portfolio I DST, one of IPC’s 1031 investment programs.
Inland Private Capital Corporation and Metro Storage LLC’s Strategic Relationship Results in Purchase and Management of 42 Self-Storage Properties Across 5 States
Oak Brook, Ill. – Inland Private Capital Corporation ("IPC") and Metro Storage LLC ("Metro") are pleased to announce that since February of 2016, the companies, through their strategic relationship, have facilitated the purchase of 42 self-storage properties, across five states, for programs sponsored by IPC. The 42 properties have been syndicated to investors through five securitized 1031 offerings sponsored by IPC, each of which has been fully subscribed by investors. Metro manages each of the properties.