Inland Real Estate Investment Corporation
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. Sabshon will remain in his current roles at two of the publicly registered non-listed Real Estate Investment Trusts sponsored by the Company: InPoint Commercial Real Estate Income, Inc. and Inland Real Estate Income Trust, Inc. Mr. Sabshon will work closely with Mr. Lampi to ensure a successful transition both prior to and subsequent to his retirement.
This leadership transition underscores Inland Investments’ long-term succession plan as well as its strategic vision and commitment to its investors, clients and employees for continued growth and delivering best-in-class wealth solutions and performance in the real estate investment management industry.
“Now is the right time for me to retire and embark on a new chapter in my life so I can focus on my passions outside of work and spend more time with my family,” said Mr. Sabshon. “I am extremely proud of the accomplishments during my tenure as President, CEO and as a director of Inland Investments. Our leadership team, multi-product platform and expanded distribution network have positioned the Company for continued growth and market share. I have worked closely with Keith over the past 10 years, and I am confident he is the ideal leader to continue Inland Investments’ long term track record of success.”
About Inland Real Estate Investment Corporation
Inland Real Estate Investment Corporation is a sponsor of real estate securities and is a part of The Inland Real Estate Group of Companies, Inc. The Inland Real Estate Group of Companies, Inc., headquartered in Oak Brook, Illinois, is one of the nation’s largest commercial real estate and finance groups, engaged for more than 50 years in the diverse facets of real estate such as property management, leasing, marketing, acquisition, real estate brokerage, development, redevelopment, construction, real estate financing and other related services. The Inland Real Estate Group of Companies, Inc. is comprised of independent legal entities, some of which may be affiliates, share some common ownership or have been sponsored and managed by subsidiaries thereof. For more information visit www.inland-investments.com.