Inland Real Estate Income Trust, Inc. (Inland Income Trust) was formed to acquire a portfolio of commercial real estate located throughout the United States. Inland Income Trust is focused on acquiring primarily core multi-tenant retail assets. Inland Income Trust is sponsored by Inland Real Estate Investment Corporation. Primary offering closed to new investments on October 16, 2015.
Inland Income Trust's investment objectives generally are to:
- Preserve and protect its stockholders’ investments
- Acquire quality commercial real estate assets that generate, over time, sufficient cash flow from operations to fund sustainable and predictable distributions to its stockholders
- Realize capital appreciation through the potential sale of its assets or other liquidity events
There can be no guarantee that Inland Income Trust will achieve or maintain these objectives.
Estimated Per Share Value
Inland Income Trust announced that its board of directors determined an estimated net asset value (“NAV”) of $9.02 per share of common stock. As a result of the determination of the estimated per share NAV, effective April 7, 2016, distributions may be reinvested under Inland Income Trust’s distribution reinvestment plan in shares of common stock at a price equal to the estimated per share NAV. View related 8-K.