01/11/2022

Oak Brook, Ill. – Inland Venture Partners, LLC (“Inland Venture Partners”), the private equity real estate arm of Inland Real Estate Investment Corporation (“Inland Investments”), today announced that MH Ventures 2019-1, LLC, a Delaware limited liability company (“the Company”), sold a portfolio of 13 manufactured housing communities in Florida providing an estimated average annual fund-level return, through the end of 2021, of 52 percent.*

The manufactured housing sector is one of the strongest performing real estate sectors and provides homes for approximately 22 million people. The 13 manufactured housing community portfolio comprised of 1,235 units on 86 acres was 94.7 percent occupied as of September 30, 2021.

“Inland Investments is pleased to return more than double the original equity invested in only a few years time,” commented Rod Curtis, president of Inland Venture Partners. “The Company’s dedication to uncover value, identify opportunities and continually monitor the pulse of market conditions resulted in an estimated 234 percent total return through the end of the year, including return of original investment.”

*Before taking into account any sales-related expenses or associated performance fees.

About Inland Venture Partners

Inland Venture Partners, LLC offers closed-end, specified-asset funds to accredited investors seeking exposure to private equity real estate. Dedicated to delivering opportunistic, value-add and development real estate strategies to investors, Inland Venture Partners, LLC strives to uncover value by identifying opportunities where asset performance can be enhanced with financial and operational support. Inland Ventures Partners is a part of The Inland Real Estate Group of Companies, Inc., one of the nation’s largest commercial real estate and finance groups, which is comprised of a group of independent legal entities, some of which may be affiliates, share some common ownership or have been sponsored and managed by such entities or subsidiaries thereof.