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July 22 Inland Western Retail Real Estate Trust, Inc. annual meeting set for October 14, 2008
Inland Western Retail Real Estate Trust, Inc. (“Inland Western”) today announced that the date for the company’s annual meeting for stockholders has been set for October 14, 2008.
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July 16 St. Charles retail condo sold by Inland Real Estate Brokerage, Inc.
Inland Real Estate Brokerage, Inc. announced the sale of a retail condominium located in the Campton Square retail complex in St. Charles, Ill.
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July 15 Inland Real Estate Corporation announces joint venture acquisition of four Bank of America office buildings
Inland Real Estate Corporation (NYSE: IRC) today announced the acquisition, through its joint venture with Inland Real Estate Exchange Corporation (IREX), of four office buildings in sale-leaseback transactions from Bank of America, N.A.
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July 10 Inland Real Estate Brokerage completes sale of 33 acres in Hampshire, Ill.
Inland Real Estate Brokerage, Inc. announced the sale of 33.3 acres of potential development land in Hampshire, Ill. for $950,000.
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July 2 Inland Real Estate Brokerage completes sale of self-serve car wash in Posen, Ill.
Inland Real Estate Brokerage, Inc. recently announced the sale of a self-serve car wash in Posen, Ill. for $460,000.
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June 19 Inland Mortgage Capital Corporation funds $10.35 million loan for San Antonio office park
Inland Mortgage Capital Corporation has funded a $10.35 million loan for the acquisition and leasing of a three-building office park in San Antonio, Texas.
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June 2 Inland Institutional Capital Partners announces closing of final seed properties in joint venture with Lexington Realty Trust
Inland Institutional Capital Partners Corporation announced today the closing of the final group of seed properties into the $1.1 billion joint venture it negotiated on behalf of Inland American Real Estate Trust, Inc. (“Inland American”) with Lexington Realty Trust (NYSE:LXP) to acquire and manage net-leased properties.
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May 27 Batavia shopping center sold by Inland Real Estate Sales, Inc.
The Lake Bluff office of Inland Real Estate Sales, Inc. announced the sale of Wilson Plaza, an 11,600-square-foot center in Batavia, Ill. Wilson Plaza sold for approximately $1.73 million.
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May 15 Inland Bancorp, Inc. announces merger
Inland Bancorp, Inc. announced today the merger and consolidation of its subsidiary banks, AmeriMark Bank, Cambridge Bank and Inland Bank and Trust to form the new Inland Bank and Trust.
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May 14 Inland Real Estate Acquisitions, Inc. and TMK Development Ltd. partner to redevelop Purple Hotel in Lincolnwood, Ill.
Inland Real Estate Acquisitions, Inc. and TMK Development Ltd. announced today plans for the acquisition and redevelopment of the Purple Hotel in north suburban Lincolnwood, Illinois, a revitalization project that could result in as much as 800,000 square feet of residential, retail, office and hotel development.
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April 30 The Inland Real Estate Group of Companies, Inc. announces $6.2 billion in acquisitions in 2007
The Inland Real Estate Group of Companies, Inc. announced today that collectively, the companies that comprise the group acquired $6.2 billion in assets in 2007, a record-setting year, including $2.1 billion in the final quarter.
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April 30 Inland Real Estate Sales sells brand new 48,000 square-foot mixed-use development
Inland Real Estate Sales, Inc. announced the sale of Crown Centre, a brand new 48,000 square-foot mixed-use property in Frankfort, Ill.
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April 25 Inland Real Estate Sales sells Bensenville multi-family property for $3.25 million
Inland Real Estate Sales, Inc. recently announced the sale of Argyle Park Apartments in Bensenville, Ill. for $3.25 million.
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April 23 The Inland Real Estate Group of Companies, Inc. statement of clarification regarding changes in Inland Real Estate Corporation board positions
Recently, Inland Real Estate Corporation (NYSE: IRC) issued a press release stating that Daniel L. Goodwin turned over the chairmanship of Inland Real Estate Corporation to Tom D’Arcy who has served as an IRC board member for the past three years and had prior experience as a chief executive officer for various real estate companies, including another publicly traded retail REIT.
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April 21 Inland Office Leasing Services signs two 10-year leases at prestigious suburban office campus
Inland Office Leasing Services, a division of Inland Real Estate Sales, Inc., today announced the signing of two 10-year leases, totaling 14,639 square feet, at the Oak Brook International Office Center at 2803 Butterfield Road, near the corner of Butterfield and Meyers Road in Oak Brook, Ill.
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April 17 Northwest Suburban 396-unit condo conversion to be sold at auction
Inland Real Estate Auctions, Inc. announced today that it has been retained by Capital Acquisitions and Development, Inc. to sell, at auction, Grays Pointe Condominiums, a 396-unit residential conversion located at the corner of Route 120 and Route 45 in Grayslake, Ill.
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April 14 Inland Real Estate Sales brokers sale of former Walgreens in Decatur, Ill.
Inland Real Estate Sales, Inc. today announced the successful brokerage of a 13,500-square-foot neighborhood retail center in Decatur, Ill.
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April 10 Inland Real Estate Sales brokers suburban apartment complex for $8.35 million
Inland Real Estate Sales, Inc. brokered the sale of the 126-unit, 11-building St. Charles Place Apartments complex in St. Charles, Ill. for $8.35 million.
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April 9 Inland Real Estate Auctions, Inc. to auction 20 remaining luxury lake and marina resort condos on Lake Michigan
Inland Real Estate Auctions, Inc. announced today it will auction 20 remaining luxury lake view condominiums at Light Harbor Preserve in the heart of New Buffalo, Mich.
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April 7 Inland Real Estate Acquisitions, Inc. announces the final closing of 433 properties from SunTrust Bank
Inland Real Estate Acquisitions, Inc. today announced the closing of the final portion of SunTrust Bank Portfolio II, a sales-leaseback transaction with SunTrust Bank.
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March 31 Inland Real Estate Sales, Inc. sells 12,400 square-foot industrial building in Plainfield, Ill.
Inland Real Estate Sales, Inc. today announced the sale of a 12,400 square-foot industrial building, located within the Wolf Creek Industrial Park, in Plainfield, Ill., for $1,090,000.
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March 27 Inland Real Estate Auctions, Inc. to auction Wisconsin’s oldest golf course and Green Lake Lodge
Inland Real Estate Auctions, Inc. announced today it will auction Tuscumbia Country Club in Green Lake, Wis., home to the state’s oldest golf course.
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March 18 Inland Communications, Inc. appoints new CEO
Inland Communications, Inc. announced today the appointment of Richard J. Jurek to the position of chief executive officer of the in-house marketing and communications company of The Inland Real Estate Group of Companies, Inc. in Oak Brook, Ill.
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March 18 Inland Atlantic Development helps bring hhgregg into central Florida market
Inland Atlantic Development Corporation is pleased to welcome hhgregg, an Indiana-based electronics and appliance store, as the anchor to its brand new Seminole Commons development in Sanford, Florida.
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March 6 Inland Real Estate Auctions to auction industrial facility in Phenix City, Ala.
Inland Real Estate Auctions, Inc. announced today that it will be auctioning a 118,000-square-foot industrial facility in Phenix City, Ala., that has previously housed a carpet manufacturing company and a candle and bath lotion manufacturer.
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March 6 Inland Real Estate Sales, Inc. brokers Woodgrove Professional Center in Woodridge, Ill.
Inland Real Estate Sales, Inc. today announced the sale of the Woodgrove Professional Center, a 45,000-square-foot medical professional center in Woodridge, Ill.
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March 5 Inland Real Estate brokers sale of two suburban apartment complexes
The Lake Bluff office of Inland Real Estate Sales, Inc. announced today it recently sold Oak Knoll Apartments, a 97-unit four-building complex located in Cary, Ill. for $6.2 million, as well as Grayslake Apartments, a 70-unit property located in Grayslake, Ill. for $4.9 million.
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February 28 Inland Real Estate Sales honors top 2007 performers
Inland Real Estate Sales, Inc. recently held its annual awards luncheon at the Reel Club in Oak Brook, Ill. to honor its top performing sales associates of 2007.
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February 20 Inland Real Estate Auctions to auction residential and commercial development sites in south suburban Chicagoland
Inland Real Estate Auctions, Inc. announced today that it will be auctioning residential and commercial development property in the south suburbs of Chicago, including five luxury homesites in Mokena and a prime commercial corner in Frankfort, as sellers battling a downturn in the real estate market look to auctions to provide them a competitive edge.
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February 18 Inland Real Estate Sales brokers Downers Grove shopping center
The Lake Bluff office of Inland Real Estate Sales, Inc. announced today the sale of Maple Plaza, a 31,298-square-foot retail center in Downers Grove, Ill.
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February 13 Inland Real Estate Sales to sell new mixed-use development and potential residential development site
Inland Real Estate Sales, Inc. today announced the listing of a new mixed-use property and an adjacent retail outlot in Frankfort, Ill., as well as an industrial building in historic downtown Geneva, Ill.
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February 13 The Inland Real Estate Group of Companies, Inc. and RLJ Development LLC announce hotel portfolio closing
The Inland Real Estate Group of Companies, Inc. and RLJ Development LLC ("RLJ") today announced the closing of the acquisition of 22 full and select service hotels.
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January 31 Inland Real Estate brokers sale of two land parcels
The Lake Bluff office of Inland Real Estate Sales, Inc. announced today that Robert Wall, senior broker, brokered the sale of two land parcels totaling 14 acres in Waukegan, Ill. for $520,000.
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January 29 Inland Western Retail Real Estate Trust, Inc. announces tax allocation of 2007 cash distributions
Inland Western Retail Real Estate Trust, Inc. today announced the tax allocation of the cash distributions paid on its common shares during 2007.
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January 24 Inland Mortgage Capital Corporation arranges $24 million loan for flagship Manhattan hotel
Inland Mortgage Capital Corporation has arranged a $24 million loan for the acquisition and pre-development costs for a planned 17-floor hotel in New York City that will serve as the flagship location for Cambria Suites.
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January 22 Inland Real Estate Sales to sell more than 272 acres of development land valued at $16 million
The Yorkville office of Inland Real Estate Sales, Inc., part of The Inland Real Estate Group of Companies, Inc., has been named exclusive listing agent for five development land parcels totaling 272 acres for more than $16 million.
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January 14 Inland Western Retail Real Estate Trust, Inc. announces $500 million joint venture with Juliet Companies
Inland Western Retail Real Estate Trust, Inc. (“Inland Western”) today announced that it has entered into a strategic $500 million joint venture with Juliet Companies to develop multi-tenant retail properties located in major MSAs throughout the Western United States.
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January 8 Inland Real Estate Sales brokers the sale of a retail property in Alsip, Ill.
Inland Real Estate Sales, Inc. today announced the sale of a single-tenant retail building in Alsip, Ill.
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January 3 Inland Real Estate Auctions, Inc. to auction prime I-294 development site in Alsip, Ill.
Inland Real Estate Auctions announced today that it will auction a key I-294 development parcel, located at the Cicero Avenue exit in Alsip, Ill., a community in the midst of a massive redevelopment plan.
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December 26 Inland Real Estate School’s David McGowan sworn in as 2008 President of NICAR
David McGowan, vice president and director of Inland Real Estate School, Inc., was recently sworn in as 2008 President of the Northern Illinois Commercial Association of Realtors (NICAR), the voice of commercial real estate in Northern Illinois.
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December 19 Inland Group helps raise more than $200,000 in 2007 for unique service for cancer victims
The Inland Real Estate Group of Companies, Inc. and its employees helped Wellness House, a community-based organization offering emotional and educational services to cancer patients, raise more than $200,000 this year during a two-month fundraising campaign.
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December 17 Inland Atlantic Development Corporation hires two leasing professionals
Inland Atlantic Development Corporation today is announcing the hiring of two leasing professionals, expanding its current development services and capitalizing on the industry-leading retail leasing expertise it has access to as part of The Inland Real Estate Group of Companies, Inc.
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December 12 Inland Real Estate Auctions, Inc. completes first phase of $30 million fall auction series in Chicagoland
Inland Real Estate Auctions, Inc. has completed its Chicagoland fall auction series, reflecting an increase in auctions across all property types and demonstrating an industry-wide 40 percent increase in the use of auctions in the last three years, as tracked by the National Auctioneers Association.
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December 7 Inland Western Retail Real Estate Trust, Inc. announces two new leases signed with Sprouts in Colorado
Inland Western Retail Real Estate Trust, Inc. (“Inland Western”) and Hampton Partners LLC today announced the signing of two leases with Sprouts Farmers Market, one of the fastest growing retail grocers in the country, in two Denver locations owned in a joint partnership between Inland Western and Hampton Partners.
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December 4 Inland Western Retail Real Estate Trust, Inc. announces sale of four office properties
Inland Western Retail Real Estate Trust, Inc. (“Inland Western”) announced today that it has closed on the sale of four office assets for a total transaction price of $270.8 million to KanAm Grund Kapitalanlagegesellschaft mbH, which purchased the assets for the benefit of KanAm grundivest Fonds, a German open-end real estate investment fund.
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November 15 Inland Western Retail Real Estate Trust, Inc. completes merger
Inland Western Retail Real Estate Trust, Inc. ("Inland Western") announced today the closing of the company's acquisition of its external Business Manager/Advisor and Property Managers.
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November 13 Inland Western Retail Real Estate Trust, Inc. stockholders ratify plan of merger
Inland Western Retail Real Estate Trust, Inc. (“Inland Western”) announced today that its stockholders voted to ratify the previously announced plan of merger to acquire the company’s external Business Manager/Advisor and Property Managers.
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November 8 Inland Real Estate Auctions to auction shopping center in Louisville, Ky.
Inland Real Estate Auctions, Inc. announced today that it will represent Allstate Life Insurance Company in the Dec. 19 auction of Cane Run Place, a 59,000-square-foot retail shopping center in Louisville, Ky., featuring a 44,000 square foot anchor space left vacant after Winn Dixie’s corporate restructuring.
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November 6 Inland Real Estate Sales brokers the sale of an industrial property in Alsip, Ill.
Inland Real Estate Sales, Inc. today announced the sale of a 3,400-square-foot industrial building located at 11641 S. Ridgeland Avenue in Alsip, Ill.
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October 23 Inland Mortgage Capital Corporation funds $14.4 million loan for new retail buildings in Orland Park, Ill.
Inland Mortgage Capital Corporation recently funded a $14.4 million loan for the acquisition of five outparcels and the construction of two new retail buildings, totaling 29,850 square feet, in Orland Park, Ill., a south suburb of Chicago.
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October 22 Inland Mortgage Capital Corporation funds $22.75 million loan for Manhattan hotel and condominium
Inland Mortgage Capital Corporation has funded a $22.75 million loan for the acquisition and pre-development costs for a planned hotel and condominium building on Fifth Avenue in New York City.
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October 22 Inland affiliate acquires textbook distribution facility in Geneva, Ill. for $25.8 million
Inland Real Estate Acquisitions, Inc. has negotiated a sale-leaseback transaction for the Houghton Mifflin Industrial Facility, a distribution center for Houghton Mifflin Co., one of the leading educational publishers in the United States.
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October 18 Inland Mortgage Capital Corporation funds $28.75 million loan for Lincoln University Center in Philadelphia
Inland Mortgage Capital Corporation recently funded a $28.75 million loan for the renovation of Lincoln University Plaza, a mixed-use office and retail center in Philadelphia, Pa. that houses the graduate and continuing education programs for Lincoln University, formerly known as the Urban Center.
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October 17 Inland Mortgage Capital Corporation funds $19 million loan for 336 unit New Orleans apartment complex
Inland Mortgage Capital Corporation recently funded a $19 million loan for the acquisition and repositioning of a 24-building, 336-unit apartment complex in New Orleans, La.
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October 16 Inland Mortgage Capital Corporation funds $19 million loan for New Orleans retail center
Inland Mortgage Capital Corporation recently funded a $19 million loan for the acquisition and construction of a retail center in the West Bank neighborhood of New Orleans La.
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October 16 Inland Western Retail Real Estate Trust, Inc. enters into $225 million unsecured credit facility
Inland Western Retail Real Estate Trust, Inc. ("Inland Western") today announced that it had entered into a three-year $225 million unsecured revolving line of credit with a $75 million accordion feature, for a total borrowing capacity of $300 million.
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October 10 Inland Real Estate Auctions to auction St. Charles, Ill. office condominiums on behalf of Union National Bank
Inland Real Estate Auctions, Inc. announced today that it will be auctioning the remaining 33,500 square feet of office condominiums in the five-building Dunham Suites development in St. Charles, Ill. on behalf of Union National Bank
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October 8 Inland Capital Markets Group, Inc. announces closing of Apple Hospitality Five, Inc. acquisition
Inland Capital Markets Group, Inc. today announced the company negotiated the recently closed purchase of Apple Hospitality Five, Inc. (“Apple Hospitality Five”), a real estate investment trust focused on the ownership of upscale, extended-stay and select-service hotels, on behalf of Inland American Real Estate Trust, Inc. (“Inland American”).
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October 8 Inland Real Estate Auctions, Inc. to auction builders’ remaining portfolio of luxury homes in St. Charles, Ill.
Inland Real Estate Auctions, Inc. announced today that it will represent luxury homebuilder Robert Lord Builders, Inc. in the sale of five luxury homes ranging in original listing price from $1 million to $5 million.
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October 1 Inland Real Estate Sales names new managing broker of Oak Brook office
Inland Real Estate Sales, Inc. today announced the appointment of Richard Lewis to vice president and managing broker of Inland Real Estate Sales’ flagship office at the national headquarters of The Inland Real Estate Group of Companies, Inc. in Oak Brook, Ill.
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September 20 Inland Western Retail Real Estate Trust, Inc. announces joint venture with Hampton Partners LLC
Inland Western Retail Real Estate Trust, Inc. (“Inland Western”) today announced the formation of a joint venture partnership with Hampton Partners LLC, and the joint venture’s acquisition of 17 former Albertsons properties encompassing approximately 780,000 square feet in the Denver-Boulder MSA.
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September 18 Inland Real Estate Sales marketing commercial building in booming Yorkville, Ill.
Inland Real Estate Sales, Inc.’s Yorkville office recently listed a 2,165-square-foot commercial building located in historic downtown Yorkville, Ill.
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September 10 Inland Real Estate sells Elgin apartment complex for more than $2.5 million
Inland Real Estate Sales, Inc., part of The Inland Real Estate Group of Companies, Inc., brokered the sale of seven free-standing six-flat buildings that make up the Ash Birch apartment complex in Elgin, Ill. for over $2.5 million.
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September 10 Inland Western Retail Real Estate Trust, Inc. announces filing of definitive proxy statement; annual meeting set for November 13, 2007
Inland Western Retail Real Estate Trust, Inc. ("Inland Western") today announced that it has filed a definitive proxy statement, as well as established November 13, 2007 as the annual meeting date for stockholders.
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September 4 Inland Bancorp acquires AmeriMark Financial Corp.
Inland Bancorp Holding Company announced today the completion of its acquisition of AmeriMark Financial Corp. of Villa Park, Ill., the holding company for AmeriMark Bank.
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August 27 Kendall County land to be “Illinois’ largest indoor waterpark,” as lot sold
The Yorkville office of Inland Real Estate Sales, Inc. recently brokered the sale of almost 10 acres of land in Sandwich, Ill. for $4 million, which will be used to build Waves of Fun, a 60,000-square-foot indoor water park that is part of Sandwich Commons, a large retail, convention and hotel center.
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August 17 Inland Western Retail Real Estate Trust, Inc. enters into merger agreement to acquire external management companies
Inland Western Retail Real Estate Trust, Inc. (“Inland Western”) today announced that the company has entered into a definitive agreement and plan of merger (“Merger”) to acquire its external Business Manager/Advisor and Property Managers.
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August 17 Inland Institutional Capital Partners negotiates definitive joint venture agreement with Lexington Realty Trust
Inland Institutional Capital Partners Corporation announced today that the company has negotiated on behalf of Inland American Real Estate Trust, Inc. (“Inland American”) the signing of a definitive agreement for a joint venture with Lexington Realty Trust (NYSE:LXP) to acquire and manage net-leased properties.
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August 14 Inland Real Estate named exclusive sales and leasing agent for new lifestyle centers
The Chicago office of Inland Real Estate Sales, Inc. has been named exclusive sales and leasing agent for two lifestyle centers being developed in Yorkville, Ill.
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July 31 Inland Real Estate Sales brokers retail center in Peoria, Ill.
The Oak Brook office of Inland Real Estate Sales, Inc. is brokering the sale of the five-tenant, 30,690-square-foot Brandywine Shopping Center in Peoria, Ill.
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July 30 Inland Real Estate Sales named exclusive listing agent for medical office building in Woodridge
Inland Real Estate Sales, Inc. announced today it has been named exclusive listing agent, as well as exclusive leasing agent for the Woodridge Professional Center, a medical office building located at 7426 Jane Ave. in Woodridge, Ill.
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July 26 Inland Real Estate Sales sells 141 acres of agricultural land in Beecher, Ill.
Inland Real Estate Sales, Inc. today announced the sale of more than 141 acres of agricultural land in Beecher, Ill. for $1.35 million.
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July 25 Inland Capital Markets Group, Inc. announces a definitive merger agreement to acquire Apple Hospitality Five, Inc. for $14.05 per share
Inland Capital Markets Group, Inc. announced today that it has successfully negotiated a definitive merger agreement on behalf of Inland American Real Estate Trust Inc. (“Inland American”), through a wholly-owned subsidiary to acquire Apple Hospitality Five, Inc., a public, non-listed real estate investment trust focused on the ownership of upscale, extended-stay and select-service hotels for $14.05 per fully diluted common share, including the preferred share conversion, in cash.
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July 23 Inland Real Estate Sales brokers 156 town house development site in Joliet, Ill.
The Oak Brook office of Inland Real Estate Sales, Inc. is brokering the sale of a 156-unit town house development site in Joliet, Ill.
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July 19 Inland Commercial Mortgage Corporation arranges $2.2 million forward commitment for affordable housing near New Orleans
Inland Commercial Mortgage Corporation recently arranged a $2.2 million Fannie Mae unfunded rate lock forward-commitment loan to finance the construction of a 120-unit affordable housing apartment community located in Slidell, La., 30 miles northeast of New Orleans.
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July 19 Inland Real Estate Sales’ Chicago office moves to more visible street level location
The Chicago office of Inland Real Estate Sales, Inc. announced its move to the street level of 350 W. Ontario St. from 549 W. Randolph St.
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July 11 Inland Real Estate Sales brokers sale of self-serve car wash in Elmhurst
Inland Real Estate Sales, Inc., part of The Inland Real Estate Group of Companies, Inc., recently brokered the sale of a self-serve car wash located in Elmhurst, Ill. for $950,000.
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July 10 Inland Mortgage Capital Corporation funds $26.5 million acquisition loan for Alpharetta, Ga. shopping center
Inland Mortgage Capital Corporation announced today it has funded a $26.5 million loan for the acquisition and repositioning of a 106,450-square-foot retail center with over 4 acres of excess land in Alpharetta, Ga.
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July 10 Inland Mortgage Capital Corporation opens new office in Richardson, Texas
Inland Mortgage Capital Corporation announced today the opening of a new office near Dallas, Texas, strengthening the lender’s presence in the Southwest market.
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July 9 Inland Institutional Capital Partners negotiates $125 million investment in Cobalt Industrial REIT II
Inland Institutional Capital Partners today announced that it has negotiated a $125 million investment In Cobalt Industrial REIT II, a private real estate investment trust advised by Cobalt Capital Partners, LP.
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July 9 Inland Mortgage Capital Corporation funds its largest loan yet
Inland Mortgage Capital Corporation announced today it has funded its largest loan to date, a nearly $60 million loan for the development of a 306,000-square foot-retail center in Dacula, Ga.
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July 6 Inland Atlantic Development announces $39 million development project
Inland Atlantic Development Corporation today announced a joint venture to develop Old National Marketplace, a brand-new, approximately 300,000-square-foot retail center, on 40 acres of land along the Old National Highway in College Park, Ga.
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July 2 Inland Capital Markets Group, Inc. announces completion of merger with Winston Hotels, Inc.
Inland Capital Markets Group, Inc. announced today the completion of the previously announced merger of Winston Hotels, Inc. (“Winston”) with a wholly-owned subsidiary of Inland American Real Estate Trust, Inc.
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June 28 Inland Real Estate Sales brokers three-building apartment complex in Waukegan, Ill.
The Lake Bluff Office of Inland Real Estate Sales, Inc. recently brokered the sale of a three-building apartment complex in Waukegan, Ill. located at 2000, 2020 and 2030 Pine St.
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June 27 Inland Real Estate Auctions to conduct charity auction in support of Little Heroes Pediatric Cancer Foundation
Inland Real Estate Auctions, Inc. announced today it will hold a charity auction in support of the Little Heroes Pediatric Cancer Foundation.
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June 27 Inland Real Estate Auctions to auction James Igoe Building in Chicago's West Loop
Inland Real Estate Auctions, Inc. announced today it will auction Chicago’s Igoe Building, 600 W. Van Buren St.
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June 26 Inland Auctions, Inc. sells more than $8 million of property in real estate auction
Inland Auctions, Inc. recently held its Chicagoland Auction, one of the largest single-day auctions in the Chicago area, at which 74 properties were sold for more than $8 million, including single-family homes, condos, two- and three-flats, commercial property and vacant land.
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June 25 Inland Real Estate sells Main Park Apartments in West Chicago for $9.36 million
Inland Real Estate Sales, Inc. brokered the sale of the 144-unit Main Park Apartments complex in West Chicago, Ill. for $9.36 million.
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June 18 Inland Institutional Capital Partners announces $250 million participating preferred equity investment with Lauth Investment Properties, LLC
Inland Institutional Capital Partners Corporation announced today that the company has successfully negotiated a $250 million dollar participating preferred equity investment with LIP Holdings, LLC on behalf of Inland American Real Estate Trust, Inc. (“Inland American”).
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June 18 Inland Western Retail Real Estate Trust, Inc. acquires interest in prominent lifestyle center in Plano, Texas
Inland Western Retail Real Estate Trust, Inc. (“Inland Western”) announced today that it had acquired an interest in the completed 388,428-square-foot portion of the estimated 700,000 square-foot property The Shops at Legacy, a premier lifestyle center in Plano, Texas from The Karahan Companies in an off-market transaction.
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June 18 Inland Real Estate School names new director and expands course offerings
The Inland Real Estate School, Inc. announced today the appointment of Dave McGowan to director of education.
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June 14 Inland Commercial Mortgage Corporation places $9 million mortgage for Racine, Wis. corporate headquarters and distribution facility
Inland Commercial Mortgage Corporation recently arranged a $9 million mortgage refinance for a privately held company’s corporate headquarters and distribution facility in Racine, Wis.
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June 14 Inland Commercial Mortgage Corp. places $6.9 million loan covering 100 percent of acquisition price of Tucson apartment complex
Inland Commercial Mortgage Corporation recently arranged a non-recourse $6.9 million mortgage financing the acquisition of a 176-unit apartment complex in Tucson, Ariz.
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June 14 Inland Office Leasing Services announces open house for Oak Brook International office center
Inland Office Leasing Services, a division of Inland Real Estate Sales, Inc., announced today an open house for the prominent four-building Oak Brook International office campus, scheduled for Thursday, June 28 from 3 p.m. to 6 p.m.
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June 7 Inland joint venture to develop new community in South Haven, Michigan
Inland Real Estate Development, LLC and Neumer2, LLC announced today their plans to develop RiverWoods on the Trail, a 60-acre, 167-home community located on the Black River in South Haven, Mich.
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June 1 Inland Capital Markets Group, Inc. announces Inland REIT business platform expansion into government properties and student housing sectors
Inland Capital Markets Group, Inc. (“Inland Capital Markets”) has negotiated on behalf of Inland American Real Estate Trust, Inc. (“Inland American”) the formation of two wholly-owned subsidiaries focused on the acquisition, development and management of assets: one targeting government use properties, with the other targeting the student housing and multi-family sectors.
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May 22 Inland Mortgage Capital Corporation funds $21.7 million development loan for medical office building in Phoenix
Inland Mortgage Capital Corporation funded a $21.7 million loan for the development of an 85,526-square-foot medical office building in the Deer Valley area of Phoenix, Ariz.
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May 21 Inland Mortgage Capital Corporation funds a $18.4 million redevelopment loan for mixed-use center in West Linn, Ore.
Inland Mortgage Capital Corporation has announced the funding of an $18.4 million loan for the redevelopment of a 71,153 square foot mixed-use center in West Linn, Ore.
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May 18 Inland Group announces the formation of Inland Atlantic Development Corporation
The Inland Real Estate Group of Companies, Inc. today announced the formation of Atlanta-based Inland Atlantic Development Corporation.
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May 16 Inland Real Estate Auctions, Inc. announces successful Chicago condo auction as residential auctions surge
Inland Real Estate Auctions, Inc. announced today the successful auction of 17 newly renovated condominiums in Chicago’s east Rogers Park neighborhood.
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May 15 Inland brokers sale of office building in Chicago's Bridgeport neighborhood
Inland Real Estate Sales, Inc.’s Chicago office brokered the sale of an office building in the heart of historic Bridgeport on Chicago’s south side.
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May 14 Inland Mortgage Capital Corporation funds $18.2 million development loan for retail center in Rancho Mirage, California
Inland Mortgage Capital Corporation has announced the funding of an $18.2 million loan for the development of a 110,802-square-foot retail center, the final phase of the Monterey Marketplace, a 54-acre retail development in Rancho Mirage, Calif.
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May 3 Inland Institutional Capital Partners Corp. announces $300 million joint venture with D.R. Stephens & Co.
Inland Institutional Capital Partners Corporation announced today that the company has successfully negotiated a $300 million joint venture with Stephens & Stephens LLC, a subsidiary of D. R. Stephens & Co., on behalf of Inland American Real Estate Trust, Inc. (“Inland American”).
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May 3 More than 100 properties to be auctioned by Inland Auctions, Inc.
Inland Auctions, Inc. will auction more than 100 properties to first-time buyers and real estate veterans alike at the Chicagoland Real Estate Auction May 19, 2007 at the Congress Hotel in Chicago, Ill.
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May 2 Inland Real Estate Auctions, Inc. forms venture with Alpha World Properties, LLC
Inland Real Estate Auctions, Inc. today announced plans for a venture with Alpha World Properties, LLC specifically created to promote auction sales for real estate associated with North Carolina’s furniture industry.
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April 30 Inland Real Estate Auctions, Inc. to auction 4.6 acres of industrial property in Detroit, Michigan
Inland Real Estate Auctions, Inc. will auction a 4.6 acre industrial park in Detroit, Mich., including seven vacant lots and seven industrial buildings with a total square footage of 88,862 square feet.
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April 27 Inland Western Retail Real Estate Trust, Inc. and Morgan Stanley Real Estate announce $1 billion joint venture agreement
Inland Western Retail Real Estate Trust, Inc. (“Inland Western”) and Morgan Stanley Real Estate today announced the signing of definitive agreements for the creation of a $1 billion joint venture with a state pension fund investor advised by Morgan Stanley Real Estate to acquire and manage targeted retail properties in major metro areas of the United States.
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April 23 Inland Real Estate Sales named exclusive leasing agent for three new lifestyle centers
The Chicago office of Inland Real Estate Sales, Inc. today announced three exclusive agreements to lease 560,000 square feet of retail space in three lifestyle centers now under construction around the Chicagoland area.
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April 18 Inland Real Estate Sales brokers new office building in Warrenville, Ill. with sealed-bid sale
Inland Real Estate Sales, Inc. announces today that it will broker, via a sealed-bid sale, a newly-constructed office building in Warrenville, Ill.
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April 17 Inland Capital Markets Group, Inc. advises Inland American Real Estate Trust, Inc. on investment of up to $50 million
Inland Capital Markets Group, Inc. (“Inland Capital Markets”) announced today that it has completed negotiations on behalf of Inland American Real Estate Trust, Inc. (“Inland American”), pursuant to which Inland American has entered into a definitive agreement with Feldman Mall Properties, Inc. (FMP: NYSE) to purchase up to $50M in convertible preferred shares of Feldman in a private placement transaction.
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April 16 Inland Real Estate Acquisitions, Inc. announces acquisition of retail and industrial portfolios totaling 3.8 million square feet
Inland Real Estate Acquisitions, Inc. today announced that it has successfully negotiated the purchase of two portfolios on the behalf of Inland American Real Estate Trust, Inc.: the Six Pines portfolio, featuring 21 grocery-anchored properties representing 1.47 million square feet of prime retail space; and 20 industrial properties representing 2.3 million square feet from ProLogis in Tennessee.
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April 16 Inland Commercial Mortgage Corporation arranges $16 million tax-exempt bond credit enhancement as part of Hurricane Katrina rebuild effort
Inland Commercial Mortgage Corporation recently arranged a $16 million forward/variable rate bond credit-enhancement to finance the construction of new and affordable rental housing in the east Baton Rouge parish of Louisiana, an area devastated by hurricanes Katrina and Rita.
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April 12 Heather Devermann named Inland Real Estate Sales Associate of the Year
Heather L. Devermann recently earned Inland Real Estate Sales, Inc.’s top honor of Sales Associate of the Year for the second consecutive year.
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April 11 Inland Real Estate Sales brokers sale of 1.4 acres of land to retail developer
Inland Real Estate Sales, Inc.’s Chicago office has brokered the sale of a development site at 7611-7641 S. Ashland Ave. in Chicago, which sold for $1.05 million.
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April 10 Inland Office Leasing Services appointed exclusive leasing agent for Oak Brook International office center
Inland Office Leasing Services, a division of Inland Real Estate Sales, Inc., announced today their appointment as exclusive marketing and leasing agent for the prominent four-building Oak Brook International office campus.
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April 9 Inland Bancorp to acquire AmeriMark Financial Corp.
Inland Bancorp Holding Company today announced it has entered into an agreement to acquire 100 percent of AmeriMark Financial Corp. of Villa Park, Ill. for $46 million in an all-cash transaction representing $50 per share of AmeriMark stock..
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April 5 Inland Group announces $3.6 billion in acquisitions during 2006
The companies that made up The Inland Real Estate Group of Companies, Inc. (“Inland”) acquired nearly $3.6 billion in assets in 2006, representing 127 properties totaling approximately 20 million square feet of commercial property and more than 503 acres of developable land.
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April 5 Inland Commercial Mortgage Corp. places $3.1 million mortgage for Butterfield Centre Shopping Plaza in Glen Ellyn, Ill.
Inland Commercial Mortgage Corporation recently arranged a $3.1 million mortgage financing the acquisition of the Butterfield Centre Shopping Plaza in west suburban Glen Ellyn, Ill.
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April 3 Inland Capital Markets Group, Inc. announces a definitive merger agreement to acquire Winston Hotels, Inc. for $15 per share
Inland Capital Markets Group, Inc. (“ICAM”) announced today that it has successfully negotiated a definitive merger agreement by which Inland American Real Estate Trust Inc. (“Inland American”) will acquire Winston Hotels, Inc. (NYSE:WXH), for a total acquisition price of approximately $850 million including transaction costs.
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April 3 Inland Real Estate Sales brokers mixed-use building sale in Libertyville
The Lake Bluff office of Inland Real Estate Sales, Inc. today announces the recent sale of a nine-unit mixed-use commercial and residential building located at 427-429 E. Park Avenue in Libertyville, Ill.
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April 2 Inland Real Estate Auctions to auction model home and 14 home sites in Oakland County, Michigan
Inland Real Estate Auctions, Inc. announced today that it will be auctioning 14 one-acre home sites and a brand-new, luxurious model home located in Oak Ridge development in Oakland County, Mich.
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April 2 Inland Mortgage Capital Corporation funds a $14.4 million loan for the development of a 36,664-square-foot retail center in Las Vegas
Inland Mortgage Capital Corporation funded a $14.4 million loan for the development of a 36,664-square-foot retail center in Las Vegas.
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April 2 Inland Real Estate Sales brokers sale of 27 acres of land in Aurora
The Yorkville office of Inland Real Estate Sales, Inc. recently brokered the sale of 27 acres of land in Aurora, Ill. at the southeast corner of the intersection of Butterfield and Eola roads.
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March 30 Inland Commercial Mortgage Corp. places $6 million loan covering 100 percent of acquisition price of Scottsdale apartment complex
Inland Commercial Mortgage Corporation recently arranged a non-recourse $6 million mortgage financing the acquisition of a 125-unit garden-style apartment complex in Scottsdale, Ariz. totaling 89,974 square feet on four acres.
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March 27 Inland American Real Estate Trust, Inc. announces 2007 annual meeting to be held June 4, 2007
Inland American Real Estate Trust, Inc. (the “company”) today announced that its 2007 annual meeting of stockholders will be held on June 4, 2007.
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March 26 Inland Real Estate Development to develop four mixed-use senior developments
Inland Real Estate Development LLC and HPD Cambridge, Inc. have entered into a joint venture to develop four mixed-use urbanSenior Living developments totaling 144 apartment units for $55 million.
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March 13 Inland affiliate acquires AT&T building in Pewaukee, Wis. for $29 million
An affiliate of The Inland Real Estate Group of Companies, Inc. has purchased AT&T Pewaukee, an office building in Pewaukee, Wis. for $29 million in a sale-leaseback transaction.
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March 8 Inland Capital Markets Group, Inc. announces proposal to acquire Winston Hotels, Inc. for $15 per share in cash
Inland Capital Markets Group, Inc. (“ICAM”) announced today that it has submitted a proposal on behalf of Inland American Real Estate Trust, Inc. to the board of directors of Winston Hotels, Inc. (NYSE:WXH), to enter into a merger agreement through a wholly-owned subsidiary to acquire WXH for $15.00 per share in cash.
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March 1 Inland Real Estate Auctions to auction 21 condos in historic east Rogers Park
Inland Real Estate Auctions, Inc. announced today that it will be auctioning 21 completely renovated condominiums in historic east Rogers Park just blocks from Lake Michigan.
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February 27 Inland Retail Real Estate Trust, Inc. announces completion of merger with Developers Diversified
Inland Retail Real Estate Trust, Inc. (“IRRETI”) announced today it has completed the previously announced merger with Developers Diversified (NYSE:DDR) for approximately $6.2 billion, including approximately $2.3 billion of existing debt.
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February 22 Inland Real Estate Sales announces grand opening of Yorkville subdivision
Inland Real Estate Sales, Inc.’s Yorkville office today announced plans for the grand opening of The Highlands at Ashley Pointe subdivision located in Yorkville, Ill., in Kendall County, for this weekend, Feb. 23 - 24, 2007.
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February 21 Inland Real Estate Sales brokers Haymeadow Apartments in Peoria, Ill. for $8.3 million
Inland Real Estate Sales, Inc. recently brokered the sale of Haymeadow Apartments, a 12-building apartment complex located at 5802 Haymeadow Lane in booming northwestern Peoria, III., for $8.3 million.
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February 19 Inland Real Estate Sales markets re-developable commercial properties on West Belmont Avenue
Inland Real Estate Sales, Inc. is marketing three adjacent properties on West Belmont Avenue in Chicago, Ill. near The Brickyard shopping center, including the offices of Chicago Alderman William Bank, Illinois State Senator James DeLeo and the 36th Ward Democratic Organization.
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February 19 Inland to auction 50 acres of vacant land in Rockford, Ill.
Inland Auctions, Inc. is auctioning off 50 acres of prime development land in Rockford, Ill. in a sealed bid sale.
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February 6 Inland Real Estate Auctions sells Otsego Club Hotel & Resort
Inland Real Estate Auctions, Inc. has successfully sold at auction the Otsego Club Hotel & Resort in Gaylord, Mich.
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January 30 Inland American Real Estate Trust completes a joint venture
Inland American Real Estate Trust today announced that, as of January 23, 2007, it has fulfilled its obligation to contribute approximately $1.17 billion to a joint venture.
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January 30 Inland Real Estate Sales, Inc. brokers sale of strip shopping center in Roselle
Inland Real Estate Sales, Inc. has brokered the sale of Plum Grove Shopping Center in Roselle, Ill. for close to $4 million.
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January 29 Inland Real Estate Sales, Inc. brokers sale of six flat in Palatine
Inland Real Estate Sales, Inc. has brokered the sale of a six-unit apartment building in Palatine, Ill.
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January 16 Inland Real Estate Sales, Inc. sells over $2.8 million in industrial buildings
Inland Real Estate Sales, Inc. sold over $2.8 million in industrial buildings throughout the Chicagoland area, including Chicago, Maywood, Elk Grove Village, Waukegan and Zion.
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January 11 Inland Real Estate Auctions sells Jos. A. Cacciatore & Co.-owned timber loft development property in UIC neighborhood for $6.25 million
Inland Real Estate Auctions, Inc. has successfully auctioned a key development property within the Halsted and Cermak Road corridor, sold on behalf of Jos. Cacciatore & Co., one of the top real estate names in Chicago.
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January 11 Inland Real Estate Sales, Inc. brokers sale of two apartment buildings in Zion
Inland Real Estate Sales, Inc. brokered the sale of a pair of apartment buildings in Zion, including one 12-unit building and one 5-unit building.
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