Finance Midwest

Inland Securities announces nearly $300 million of capital raised in first quarter

Inland Securities Corporation, the exclusive dealer manager and placement agent for real estate investment programs sponsored by Inland Real Estate Investment Corporation and Inland Private Capital Corporation (“IPCC”), announced that it has raised approximately $284 million of capital in the first quarter of 2015 for Inland Real Estate Income Trust, Inc., a public, non-listed REIT sponsored by Inland Investments, and private placements sponsored by IPCC.

Inland Securities Corporation, the exclusive dealer manager and placement agent for real estate investment programs sponsored by Inland Real Estate Investment Corporation and Inland Private Capital Corporation (“IPCC”), announced that it has raised approximately $284 million of capital in the first quarter of 2015 for Inland Real Estate Income Trust, Inc., a public, non-listed REIT sponsored by Inland Investments, and private placements sponsored by IPCC.

“We are pleased with our first quarter capital raise results,” Curtis Shoch, president of Inland Securities, said. “Year-over-year since the first quarter of 2014, we raised 120 percent more capital for Inland Income Trust and IPCC, both of which continue to deploy capital across a robust acquisition pipeline of real estate assets.”