Home Alts News Inland Private Raises $1.45 Billion, Grows AUM to $12.2 Billion in 2022

Inland Private Raises $1.45 Billion, Grows AUM to $12.2 Billion in 2022

Inland Private Capital Corporation, a privately held alternative investment management firm and a member of The Inland Real Estate Group of Companies Inc., reported that the firm raised $1.45 billion of investor equity and grew its assets under management to $12.2 billion in 2022.

“In the face of a challenging economic environment, I could not be more proud of the team’s execution, making 2022 a year of record-breaking performance by almost every metric,” said Keith Lampi, chief executive officer and president of Inland Private. “With more than $2.5 billion in new acquisitions, the firm significantly expanded its footprint in the self-storage, student housing, healthcare and built-to-rent sectors of the market which remain key areas of growth on a forward-looking basis.”

The company highlighted a number of accomplishments during 2022, including:

  • More than $12 billion in assets under management across the nation
  • In excess of $2.5 billion in acquisitions, including self-storage, student housing, senior living, medical office, multifamily, built-to-rent, industrial and retail
  • Approximately $1.45 billion in new capital raised
  • Executed liquidity events totaling approximately $500 million in full-cycle transactions, including its first two zero coupon sponsored offerings
  • Completed construction and announced the grand opening of a Colorado Springs dual brand Marriot hotel
  • Delivered three self-storage conversion developments totaling more than 2,300 units
  • Began construction on 12 self-storage conversions, representing more than 9,700 units
  • Recapitalized two multifamily qualified opportunity zone properties, providing a “significant” return of capital to investors

“While the other member companies of The Inland Real Estate Group also achieved strong performance throughout 2022, [Inland Private’s] achievements are particularly note-worthy,” said Dan Goodwin, chairman and chief executive officer of The Inland Real Estate Group of Companies Inc. “[Inland Private’s] talented and experienced industry-leading team provided individual investors with access to a wide array of institutional quality investment options, and we are excited about the opportunities we see ahead in 2023.”

Inland Private Capital Corporation specializes in offering multiple-owner, tax-focused, private placement investments as well as qualified opportunity zone investments throughout the U.S. Currently, it manages a portfolio of more than $12.2 billion across several asset classes spanning 43 states.

As of Dec. 31, 2022, the firm had sponsored 305 private placement real estate offerings, with investments and developments in the multifamily, self-storage, hospitality, healthcare, student housing, retail, corporate office, senior living and industrial sectors.

For more Inland Private Capital news, please visit their directory page.