Private Placements

 

Inland Private Capital Corporation

In March 2001, Inland Private Capital Corporation (”IPCC”) was formed to provide replacement properties for people wishing to complete a Section 1031 real estate exchange, as well as investors seeking a quality, multiple-owner real estate investment. The programs sponsored by IPCC offer securities to “accredited” investors on a private placement basis.  As of September 1, 2014, IPCC has sponsored 158 private placement programs, which have offered more than $1.915 billion in equity to over 5,450 investors.

The 158 private placement programs include 375 properties, with over 19.56 million square feet of gross leasable area, for an aggregate offering price of more than $3.925 billion. Of these properties, 311 are retail centers, 44 are office buildings, 8 are industrial and distribution centers and 12 are multi-family communities. In the aggregate, 67% of the properties were existing construction and 33% were new construction (the year of completion is within one year of the year of the offering). As of September 1, 2014, 38 of the assets (including two properties and one security owned by a fund with multiple assets and ten properties owned in a portfolio) have been sold.
 
Inland Private Capital Map Snapshot as of August 25, 2014