What is Inland Residential Properties Trust 4?
Inland Residential Properties Trust, Inc. “Inland Residential Trust” is a non-listed Real Estate Investment Trust (REIT) sponsored by Inland Real Estate Investment Corporation that intends to acquire a portfolio of geographically diverse Class A and B multifamily properties with the following characteristics:
- • Top 100 Metropolitan Statistical Areas - generally metro areas greater than 500,000 people
- • Close proximity, within larger MSAs, to universities, corporate headquarters, and convention centers
- • Stabilized (90% occupancy or higher) apartments with sought-after amenities and features in desirable neighborhoods