Our Timeline

Delivering value to stockholders for more than 50 years, The Inland Real Estate Group of Companies, Inc. (Inland) is one of the nation’s largest commercial real estate and finance groups that comprises several member companies including Inland Real Estate Investment Corporation (Inland Investments) and Inland Private Capital Corporation (IPC). Both Inland Investments and IPC are sponsors of real estate investment programs and provide opportunities for individuals to indirectly own income-producing properties.

Scroll for a timeline of key dates in inland investments’ history
  1. 1967

    Four Chicago-area schoolteachers create the concept for a real estate company

  2. 1968

    Inland is incorporated and forms its first limited partnership

  3. 1969

    Inland constructs first single family home in Chicago

  1. 1971

    Inland constructs first multifamily investment property and enters into first land deal

  2. 1974

    Inland constructs first shopping center

  3. 1977

    Inland raises $9 million in capital to begin development of 2,000 apartment units

  4. 1979

    Inland surpasses 10,000 apartment units under management

  1. 1980

    Inland reaches milestone as $100 million company with residential, condo, apartment, commercial and industrial holdings

  2. 1984

    Inland forms Inland Real Estate Investment Corporation (Inland Investments) to sponsor REITs, private placement investments and public partnerships

  3. 1985

    Inland Investments offers first public syndication allowing investments nationwide

  4. 1986

    Inland ranks 12th largest privately held company in Crain’s Chicago Business and totals over 450 limited partnerships formed to date

  5. Inland contributed corporate funds to purchase retail assets and completed 1031 exchanges to move investors out of programs affected by the Tax Reform Act of 1986

  1. 1992

    Inland’s commercial property ownership reaches 36 states

  2. 1993

    Inland owns and manages 10 million square feet and has over $1 billion in assets, and ranks 47th top shopping center owner in the U.S. in Shopping Center World magazine

  3. 1994

    Inland Investments launches first REIT, Inland Real Estate Corporation (IRC)

  4. 1999

    Inland Investments begins capital raise phase for second REIT, Inland Retail Real Estate Trust

  1. 2001

    Inland Investments forms Inland Private Capital Corporation (IPC), formerly known as Inland Real Estate Exchange Corporation, as a subsidiary for investors wishing to complete a Section 1031 exchange

  2. 2003

    Inland Investments forms third REIT, Inland Western Retail Real Estate Trust, and begins capital raise

  3. 2004

    IRC lists on the New York Stock Exchange – the first nonlisted REIT to list on the New York Stock Exchange

  4. Inland Investments forms fourth REIT, Inland American Real Estate Trust

  5. 2006

    Inland ranks as Fastest-Growing Acquirer of Retail Property in the U.S. by Chain Store Age. IPC wins Tenant in Common Association’s ACE Award and raised more than $150 million in equity

  6. 2009

    Inland Investments begins capital raise for fifth REIT, Inland Diversified Real Estate Trust

  7. Inland wins Better Business Bureau (BBB) Torch Award for Marketplace Ethics

  1. 2011

    Inception of sixth REIT, Inland Real Estate Income Trust

  2. 2013

    Inland Investments forms seventh REIT, Inland Residential Properties Trust

  3. 2014

    Inland receives BBB Torch Award for Marketplace Ethics for the second time and is inducted into the Chicago Association of REALTORS Corporate Hall of Fame

  4. Daniel L. Goodwin receives Lifetime Achievement Award from the Investment Program Association (IPA) and the National Commercial Award from the National Association of REALTORS

  5. 2015

    IPC receives the Alternative & Direct Investment Securities Association’s (ADISA – formerly TICA) ACE (A Champion of Excellence) Award

  6. 2016

    Inland Private Capital Corporation (IPC) launches self-storage platform with Metro Storage LLC

  7. Inland Investments eliminates all real estate-related transaction fees (acquisition, disposition and financing fees) for currently offered and future nonlisted REITs, underscoring its continued leadership in the evolution of the nonlisted REIT

  8. Inland Investments launches commercial mortgage REIT, InPoint Commercial Real Estate Income, Inc.

  9. 2017

    Inland wins Better Business Bureau (BBB) Torch Award for Marketplace Ethics for the third time

  10. 2018

    Inland celebrates its 50th anniversary

  11. 2019IPC launches and closes out first Qualified Opportunity Zone offering

  12. Inland Investments launches Inland Venture Partners, LLC to sponsor closed-ended funds to provide exposure to private equity real estate

  1. 2021

    Inland Joins Real Estate Roundtable’s Like-Kind Exchange Coalition

  2. 2023

    Inland Investments launches public, non-listed, perpetual-life REIT, IPC Alternative Real Estate Income Trust, Inc. (ALT REIT)

  3. Inland Investments is recognized, for the third year in a row, by the Chicago Tribune as a Top Workplace

  4. 2024

    Inland acquires majority interest in the business of Devon Self Storage Holdings (US) LLC (Devon)