August 15, 2018
50 Years of The Inland Real Estate Group
Back in 1968—when bell bottoms and the Beatles ruled—four teachers looking to supplement their modest salaries decided to try their hands at real estate...

50 Years of The Inland Real Estate Group

July 20, 2018 | Dawn Wotapka | REIT magazine

Back in 1968—when bell bottoms and the Beatles ruled—four teachers looking to supplement their modest salaries decided to try their hands at real estate. Five years later, they quit teaching to focus full-time on the firm now known as The Inland Real Estate Group of Companies, Inc. 

This year, the Chicago-area based company celebrates its 50th anniversary. With more than 1,000 employees, Inland is now one of the nation’s largest commercial real estate and financial groups, having conducted more than $80 billion in transactions and acquired more than $45 billion in real estate. It has represented nearly 500,000 investors by sponsoring more than 700 investment programs. Across its portfolio, Inland has owned and managed several hundred million square feet of diversified commercial real estate in 49 states. The only state missing is Alaska, “but that’s not a conscious strategy,” Dan Goodwin, one of Inland’s four founders and current chairman and CEO, points out. “We like Alaska, we just haven’t found the right deal there.”

Most real estate companies are relatively simple, specializing in one type of real estate. Sure, they may dabble in something slightly related, but the model is straightforward. Not so with Inland. Over the course of the past five decades, the company has built single-family homes, managed thousands of apartments and syndicated investment products nationwide. It has managed office and retail properties—Inland was once Walmart’s largest landlord nationwide—formed a private capital corporation for 1031 exchanges, and formed eight public non-listed REITs (PNLRs) with a total value of more than $35 billion. 

Read Full Article

 

Recent

Most Popular

Blue Vault Q2 2023 Performance Reports Update

Blue Vault Q2 2023 Performance Reports Update

Blue Vault Q2 2023 Performance Reports Update 10-3-2023 Blue Vault wishes to acknowledge and apologize for the delay in publishing some Q2 2023 NTR Individual Performance Pages (IPPs) as well as the full review. We recently added additional reporting metrics to our IPPs, and that, combined with coverage of all share classes and some additional…
Blue Vault Q2 2023 Performance Reports Update

Blue Vault Q2 2023 Performance Reports Update

Blue Vault Q2 2023 Performance Reports Update 9-25-2023 Blue Vault has published the Q2 2023 Nontraded BDC Industry Review as well as Individual Performance Report and Limited Operations pages for the following offerings (newly published pages in bold font): Nontraded REITS American Healthcare REIT Q2 2023 Apollo Realty Income Solutions Q2 2023 (limited operations) Ares…

Explore

Blue Vault Logo
Don’t miss alts news
and educational events

Subscribe Now