Inland Real Estate Investment Corporation, one of the nation’s largest sponsors of alternative public and private real estate securities, has launched its newest subsidiary business entity, Inland Venture Partners LLC. Inland Venture Partners will sponsor a series of closed-end, specified assets funds to accredited investors seeking exposure to private equity real estate.
Inland Venture Partners plans to identify opportunities where asset performance can be enhanced with financial and operational support and plans to target assets ranging in size between $20 million and $100 million, according to the firm’s website.
The new company’s directors and executives include Daniel Goodwin as chairman, Mitchell Sabshon as chief executive officer, Rod Curtis as president, Ravi Bansal as chief investment officer, Catherine Lynch as chief financial officer and treasurer, Roberta Matlin as vice president, and Cathleen Hrtanek as secretary.
“We’re thrilled to launch Inland Venture Partners,” commented Curtis, senior vice president of investment funds for Inland Investments. “Backed by more than 50 years of experience in the commercial real estate industry, Inland will leverage its experience, resources and relationships to pursue investment opportunities across a broad range of property types focused on opportunistic, value-add and development real estate strategies throughout the U.S.
Inland Investments is part of The Inland Real Estate Group of Companies Inc., which has participated in more than $80 billion in real estate transactions and sponsored 748 investment programs, including 508 public and private limited partnerships, 217 Section 1031 exchange programs, and eight public and private REITs.