Inland Investments | News

Industry Veteran Named as CEO & President of Inland Investments

nicole.spreck@inlandgroup.com (Inland Media Relations) — Tue, 13 Jan 2026 19:49:53 GMT

Oak Brook, Ill. – The Inland Real Estate Group, LLC (“Inland” or “the Company”), one of the nation’s largest commercial real estate investment, finance and operating groups, has announced that Matthew Fries will serve as CEO and President of Inland Real Estate Investment Corporation (“Inland Investments”). Inland Investments, named a Top Workplace by the Chicago Tribune for the past five years, is an industry leader specializing in offering public and private tax-advantaged, growth and income real estate solutions to retail investors spanning virtually every sector of commercial real estate. Mr. Fries will report to Tony Chereso, CEO and President of The Inland Real Estate Companies, LLC.

Mr. Fries will be responsible for leading the execution of Inland Investments’ long-term business strategy, remaining at the forefront of product innovations while delivering exceptional investor-centric real estate investment solutions. As the CEO and President of Inland Investments, Fries will oversee Inland Investments’ public and private investment platforms and drive the development of best-in-class retail investor-focused solutions leveraging its industry leading tax-advantaged strategies and deep, vertically integrated commercial real estate expertise. Fries will also be supported by a team of more than 1,200 who passionately serve Inland. Ella Neyland will continue to operate in a senior leadership capacity supporting Inland Investments and as Chair of IPC Alternative Real Estate Income Trust, Inc.

“Matt’s extensive experience spanning nearly 30 years in the wealth management side of our industry combined with his expertise in the evolving alternative investment landscape, coupled with Inland’s more than half a century of institutional commercial real estate experience, makes for a ‘one-of-a-kind’ combination to lead Inland Investments into its next chapter,” commented Chereso. “Matt will bring new meaning to ‘putting investors first’ leadership and vision, which will only strengthen Inland Investments’ ability to deliver innovative, investor-centric investment solutions, exceptional value and industry leading services. Matt is truly a remarkable addition to the Inland team.”

Prior to joining Inland Investments, Mr. Fries was Head of Investment Products and Partner Solutions at Cetera Financial Group where he oversaw product due diligence, product management, and Cetera’s strategic partner program. Previously he served as the Chief Operating and Investment Officer for Questar Capital, where he was responsible for operational and investment functions and developed company strategies and management tactics. Earlier in his career, he was the Sales and Practice Development Manager for Securian Financial Services.

Mr. Fries holds a Bachelor of Arts in Economics and History from the University of Notre Dame and Master’s degrees from both the University of Wisconsin (MA) and the University of Minnesota (MBA). He possesses Series 4, 7, 24, 53, 55, 63 Securities Licenses as well as Life and Health Insurance Licenses.

He currently serves on the board of ADISA, served as Chair of the Institute for Portfolio Alternatives (IPA) and on the Alternative Investments Roundtable for the Securities Industry and Financial Markets Association (SIFMA).

“I’m honored to lead this exceptional organization and contribute to its 57-year track record of putting investors first,” said Fries. “My vision is to build on Inland’s strong foundation by expanding our investment offerings, embracing innovation, and continuing to deliver outstanding results for our investors. Together, we will position Inland for long-term growth and success.”

About The Inland Real Estate Group, LLC
The Inland Real Estate Group, LLC, headquartered in Oak Brook, Illinois, is part of The Inland Real Estate Group of Companies, Inc., one of the nation’s largest vertically integrated real estate investment, finance, and operating groups. Since 1968, Inland* member companies have collectively conducted over $125 billion in commercial real estate transactions and sponsored over 840 alternative investment programs, serving both individual and institutional investors. Inland member companies also deliver a comprehensive suite of commercial real estate services spanning acquisitions, asset management, development, finance, and property management. For more information about Inland and its member companies, please visit www.inlandgroup.com.

*“Inland” refers to some or all of the entities that are or were a part of The Inland Real Estate Group of Companies, Inc., 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.

Inland Expands Senior Housing Platform, Secures $149 Million for Portfolio in Arizona, Missouri and Tennessee | Inland Investments

nicole.spreck@inlandgroup.com (Inland Media Relations) — Tue, 02 Dec 2025 06:00:00 GMT

Oak Brook, Ill. – Inland Real Estate Investment Corporation (“Inland Investments”), an industry-leading real estate investment manager with over $16 billion in assets under management, announced the completion of more than $149 million in capital raised for its private investment offering, National Senior Living Portfolio DST (“The Parent Trust”), a Delaware statutory trust sponsored by Inland Private Capital Corporation. The offering has been fully subscribed and is now closed.

The Parent Trust indirectly owns three Class-A senior living communities, providing a combined 635 total units located across Arizona, Missouri, and Tennessee. The communities are comprised of Clarendale of Chandler, a 232-unit community located at 5900 South Gilbert Road in Chandler, Arizona; Clarendale of St. Peters, a 214-unit community located at 10 DuBray Drive in St. Peters, Missouri; and Clarendale at Indian Lake, a 189-unit community located at 195 Indian Lake Boulevard in Hendersonville, Tennessee.

“Demographic shifts and the post-pandemic economy continue to define the senior living sector’s investment landscape throughout this decade,” said Nati Kiferbaum, chief strategy officer of Inland Investments. “The aging U.S. population, significantly limited new supply of communities and increasing life expectancy are all at the forefront driving senior living demand and are expected to propel the sector’s performance in 2026 and beyond.”

All three communities feature newly developed, well-leased independent living, assisted living and memory care communities with modern amenities designed to provide carefree and active living. Each community is conveniently situated near vibrant, desirable cities with abundant retail options, healthcare providers and recreational areas.

The communities offer a variety of resident amenities and services, including full-service restaurants, bistros or cafés, theater rooms, state-of-the-art fitness centers, full-service salons, art studios, swimming pools, lounges and gathering areas, and pet-friendly amenities. The communities also provide residents with the opportunity to partake in wellness/educative programs, enriching health activities, and various therapy programs.

“We anticipate organic demand driven by the aging population with an increasing life expectancy will continue to propel performance in the senior living sector for years to come,” said Ella Neyland, interim chief executive officer of Inland Investments. “We are pleased to provide our investor base access to an asset type that complements the diverse menu of alternatives Inland Investments has consistently brought to market.”

Inland Investments’ current senior living portfolio spans approximately $800 million in assets under management as of June 30, 2025. The portfolio is comprised of 15 communities in Arizona (2), Illinois (2), Kansas (1), Michigan (1), Minnesota (6), Missouri (2) and Tennessee (1), totaling 2,333 units.

Named a Top Workplace by the Chicago Tribune for the past five years, Inland Investments specializes in offering public and private tax-advantaged, growth and income real estate solutions spanning virtually every sector of the commercial real estate market. Inland member companies have facilitated more than $56 billion in acquisitions since inception and currently manage a diverse real estate portfolio of approximately $16 billion across 42 states.

About Inland Real Estate Investment Corporation
Inland Real Estate Investment Corporation (“Inland Investments”), headquartered in Oak Brook, IL, is an industry-leading real estate investment manager and a member company of The Inland Real Estate Group of Companies, Inc. (“Inland”), one of the nation’s largest commercial real estate and finance groups. Named a Top Workplace by the Chicago Tribune for the past four years, Inland Investments specializes in offering public and private tax-advantaged, growth and income real estate solutions spanning virtually every sector of the commercial real estate market. Since 1968, Inland has engaged in the diverse facets of real estate, including property management, leasing, marketing, acquisition, real estate brokerage, development, redevelopment, construction, real estate financing and other related services, including a dedicated research team. Inland member companies have facilitated more than $55 billion in acquisitions since inception and currently manage a diverse real estate portfolio of approximately $16 billion across 42 states. Past performance is not a guarantee of future results.

Inland & Devon Announce Completion of New Class-A Self-Storage Redevelopment in New Jersey | Inland Investments

nicole.spreck@inlandgroup.com (Inland Media Relations) — Mon, 10 Nov 2025 06:00:00 GMT

Oak Brook, Ill. – Inland Real Estate Investment Corporation (“Inland Investments”), an industry leading real estate investment manager, and Devon Self Storage (“Devon”), one of the largest privately owned national self-storage developers, owners, and managers and a member of The Inland Real Estate Group of Companies, Inc., announced they have completed construction of a 110,000-rentable-square-foot Class-A self-storage facility located in Camden, New Jersey.

Located at 1501 Admiral Wilson Boulevard in Camden, directly across the Delaware River from Philadelphia, the property formerly served as a multi-purpose warehousing and distribution facility. After complete demolition of the former facility, the property now consists of a three-story climate-controlled building, offering a total of approximately 1,070 storage units, a 24-hour security system, state-of-the-art flood gates and doors, and a drive-in area providing access to the main interior storage area.

“This self-storage redevelopment is a beneficial addition to Camden right along the heavily traveled route 30, which connects Camden and Philadelphia via the Benjamin Franklin Bridge,” said Greg Mackay, chief operating officer of Devon. “The property is located only two miles from the Delaware River and across the street from the Subaru of America North American headquarters and The Campbell’s Company corporate offices, as well as surrounding businesses and industrial facilities.”

The Camden redevelopment marks the 19th Inland Investments-Devon project delivered on behalf of investors in private offerings comprised of self-storage assets in diverse markets throughout the nation.

“Camden has experienced significant economic growth and development as the area invests heavily in infrastructure projects and waterfront redevelopment along the Delaware River,” said Nati Kiferbaum, chief strategy officer of Inland Investments. “The need for a top-tier self-storage facility has been underscored by the city’s notable increases in employment, investment and housing market activities. We look forward to serving the Camden market with another successful self-storage collaboration with Devon.”

Inland Investments’ and Devon’s current self-storage portfolio, in the aggregate, spans more than $2 billion in assets under management, underscoring each company’s leadership and commitment to the sector.

About Inland Real Estate Investment Corporation
Inland Real Estate Investment Corporation (“Inland Investments”), headquartered in Oak Brook, IL, is an industry-leading real estate investment manager and a member company of The Inland Real Estate Group of Companies, Inc. (“Inland”), one of the nation’s largest commercial real estate and finance groups. Named a Top Workplace by the Chicago Tribune for the past four years, Inland Investments specializes in offering public and private tax-advantaged, growth and income real estate solutions spanning virtually every sector of the commercial real estate market. Since 1968, Inland has engaged in the diverse facets of real estate, including property management, leasing, marketing, acquisition, real estate brokerage, development, redevelopment, construction, real estate financing and other related services. Inland member companies have facilitated more than $55 billion in acquisitions since inception and currently manage a diverse real estate portfolio of approximately $17 billion across 43 states. Past performance is not a guarantee of future results.

About Devon Self Storage
Devon Self Storage Holdings, LLC, one of the largest privately owned national self-storage developers and operators, manages over 188 properties. Founded in 1988 by Ken Nitzberg, and now a member of The Inland Real Estate Group of Companies, Inc., Devon has established itself as a leader in the self-storage industry having owned, managed, or developed more than 350 self-storage facilities in 32 states and three European countries. Inland and Devon are headquartered in Oak Brook, Illinois.

For more information on Devon Self Storage, please visit www.devonselfstorage.com.

For more information on The Inland Real Estate Group of Companies, Inc., please visit www.inlandgroup.com.

Inland Investments Expands Advisor Support Through SEI Access Platform | Inland Investments

nicole.spreck@inlandgroup.com (Inland Media Relations) — Wed, 05 Nov 2025 06:00:00 GMT

Oak Brook, Ill. – Inland Real Estate Investment Corporation (“Inland Investments” or the “Company”) today announced a strategic relationship with SEI® (NASDAQ: SEIC), a leading global provider of financial technology, operations, and asset management services within the financial services industry. Inland Investments has joined SEI AccessTM,a platform designed to provide an end-to-end investment experience and increased access to alternative investment products for wealth managers and financial advisors.

Inland Investments is an industry leading real estate investment manager focused on providing tax-advantaged growth and income solutions including 1031 and 721 exchanges, opportunity zones funds, and closed-end and open-end core real estate funds to wealth management professionals.

“Investment flexibility, an end-to-end digital experience, and the need for education continue to drive opportunities for fund managers and advisors to deliver broader access to private markets. As a leading real estate investment manager, Inland Investments offers more choice through SEI Access, which brings more efficiency to investing in alternatives,” said Kevin Crowe, Head of SEI Access. “We share a long-standing commitment to serving the financial services industry, and we’re excited to welcome Inland Investments to the platform.”

As a leading investment manager offering public and private real estate securities, Inland Investments provides tax, growth and income strategies that fulfill a variety of financial goals. The Company and its affiliates have been real estate innovators for more than 57 years. Since inception, Inland Investments and its affiliates have completed 661 real estate investment programs serving more than 490,000 investors across all commercial real estate sectors.

“Capitalizing on its ecosystem and breadth of capabilities, SEI directly connects fund managers and advisors through SEI Access, and we are pleased to form this relationship with them,” commented Phil Graham, EVP Strategic Relations at Inland Securities Corporation. “As demand increases for alternative investments, particularly tax advantaged real estate solutions, SEI provides us with the ability to offer a streamlined educational and investment process to the advisor community.”

About Inland Real Estate Investment Corporation
Inland Real Estate Investment Corporation (“Inland Investments”), headquartered in Oak Brook, IL, is an industry-leading real estate investment manager and a member company of The Inland Real Estate Group of Companies, Inc. (“Inland”), one of the nation’s largest commercial real estate and finance groups. Named a Top Workplace by the Chicago Tribune for the past four years, Inland Investments specializes in offering public and private tax-advantaged, growth and income real estate solutions spanning virtually every sector of the commercial real estate market. Since 1968, Inland has engaged in the diverse facets of real estate, including property management, leasing, marketing, acquisition, real estate brokerage, development, redevelopment, construction, real estate financing and other related services. Inland member companies have facilitated more than $55 billion in acquisitions since inception and currently manage a diverse real estate portfolio of approximately $17 billion across 43 states. Past performance is not a guarantee of future results.

About SEI®
SEI (NASDAQ:SEIC) is a leading global provider of financial technology, operations, and asset management services within the financial services industry. SEI tailors its solutions and services to help clients more effectively deploy their capital—whether that's money, time, or talent—so they can better serve their clients and achieve their growth objectives. As of June 30, 2025, SEI manages, advises, or administers approximately $1.7 trillion in assets. For more information, visit seic.com.

About SEI Access™
SEI Access™ is an end-to-end alternatives platform designed to improve the product selection and investment experience for registered investment advisors, broker-dealers, private banks, and their clients. Alternative investment fund managers use the end-to-end service to access a wider distribution network and manage the subscription process more easily. The platform's smart workflow combines electronic subscription documents, proprietary firm paperwork, custodian forms, and e-signature capabilities to help ensure fast and accurate transaction processing.

Alternative investments are subject to a complete loss of capital and are only appropriate for parties who can bear that risk and the illiquid nature of such investments.

Inland & Devon Announce Completion of New Class-A Self-Storage Redevelopment in Michigan | Inland Investments

nicole.spreck@inlandgroup.com (Inland Media Relations) — Thu, 23 Oct 2025 05:00:00 GMT

Oak Brook, Ill. – Inland Real Estate Investment Corporation (“Inland Investments”), an industry leading real estate investment manager, and Devon Self Storage (“Devon”), one of the largest privately owned national self-storage developers, owners, and managers and a member of The Inland Real Estate Group of Companies, Inc., announced they have completed construction of an approximate 85,330-square-foot Class-A self-storage facility located in Fraser, Michigan.

Located at 31475 Utica Road in Fraser, approximately 15 miles northeast of downtown Detroit, the property formerly served as a light industrial facility originally built in 1975. The property now consists of a two-story climate-controlled building, along with various exterior non-climate-controlled buildings, offering a total of approximately 750 storage units, a 24-hour security system and a drive-in area providing access to the main interior storage area. Climate-controlled units are positioned in the building’s interior and non-climate-controlled units are strategically placed around the building’s exterior and within the property’s excess parking areas providing easy access for loading and unloading.

“Surrounded by similar industrial properties and businesses, this self-storage redevelopment is a beneficial addition and reflection of Fraser’s role as a hub for manufacturing and light industrial operations,” said Greg Mackay, chief operating officer of Devon. “The property’s location benefits from proximity to the local Fraser Department of Public Safety, the Selfridge Air National Guard Base as well as surrounding community amenities, shops, restaurants, and residential neighborhoods.”

The Fraser redevelopment marks the 20th Inland Investments-Devon project delivered on behalf of investors in private offerings comprised of self-storage assets in diverse markets throughout the nation.

“The demand for self storage in Fraser is steady, spanning personal, business, and vehicle storage in need of climate-controlled options due to Michigan’s variable weather conditions,” said Nati Kiferbaum, chief strategy officer of Inland Investments. “We look forward to serving the Fraser community and continue our collaboration with Devon to bring top-tier self-storage properties to market.”

About Inland Real Estate Investment Corporation
Inland Real Estate Investment Corporation (“Inland Investments”), headquartered in Oak Brook, IL, is an industry-leading real estate investment manager and a member company of The Inland Real Estate Group of Companies, Inc. (“Inland”), one of the nation’s largest commercial real estate and finance groups. Named a Top Workplace by the Chicago Tribune for the past four years, Inland Investments specializes in offering public and private tax-advantaged, growth and income real estate solutions spanning virtually every sector of the commercial real estate market. Since 1968, Inland has engaged in the diverse facets of real estate, including property management, leasing, marketing, acquisition, real estate brokerage, development, redevelopment, construction, real estate financing and other related services. Inland member companies have facilitated more than $55 billion in acquisitions since inception and currently manage a diverse real estate portfolio of approximately $17 billion across 43 states. Past performance is not a guarantee of future results.

For more information on Devon Self Storage, please visit www.devonselfstorage.com.

For more information on The Inland Real Estate Group of Companies, Inc., please visit www.inlandgroup.com.

Inland Investments and Scion Form Strategic Student Housing Relationship | Inland Investments

nicole.spreck@inlandgroup.com (Inland Media Relations) — Mon, 06 Oct 2025 05:00:00 GMT

Oak Brook, Ill. – Inland Real Estate Investment Corporation (“Inland Investments”), an industry-leading real estate investment manager with over $16 billion in assets under management, and The Scion Group (“Scion”), the largest owner/operator of off-campus student housing communities with over $10 billion in assets under management, today announced a strategic relationship focused on operating off-campus purpose-built student housing properties owned by affiliates of Inland Investments and located at leading, top-tier universities throughout the U.S.

The relationship builds upon Inland Investments’ strategic plan to continue expanding its $1.7 billion student housing footprint, which currently consists of more than 10,000 beds, across 19 properties throughout the country.

“We could not be more excited to partner with Scion as a best-in-class student housing operator,” said Nati Kiferbaum, Chief Strategy Officer of Inland Investments. “As we look to the next phase of growth in expanding our student housing platform, providing investors with access to scale and efficiencies within the sector is a key strategic objective for us.”

With more than 25 years focused solely on student housing, Scion is a leading owner, investor, operator and advisor in this growing and specialized field. Scion’s commitment to providing a best-in-class resident experience across the United States has powered its growth, and vice-versa.

“This strategic relationship with Inland Investments underscores Scion’s commitment to robust growth and consolidation,” said Clayton Merritt, Senior Vice President of Investments at The Scion Group. “This partnership furthers Scion’s success in executing our business plan with leading institutional investors.”

Named a Top Workplace by the Chicago Tribune for the past four years, Inland Investments specializes in offering public and private tax-advantaged, growth and income real estate solutions spanning virtually every sector of the commercial real estate market. Inland member companies have facilitated more than $56 billion in acquisitions since inception and currently manage a diverse real estate portfolio of approximately $16 billion across 42 states.

About Inland Real Estate Investment Corporation
Inland Real Estate Investment Corporation (“Inland Investments”), headquartered in Oak Brook, IL, is an industry-leading real estate investment manager and a member company of The Inland Real Estate Group of Companies, Inc. (“Inland”), one of the nation’s largest commercial real estate and finance groups. Named a Top Workplace by the Chicago Tribune for the past four years, Inland Investments specializes in offering public and private tax-advantaged, growth and income real estate solutions spanning virtually every sector of the commercial real estate market. Since 1968, Inland has engaged in the diverse facets of real estate, including property management, leasing, marketing, acquisition, real estate brokerage, development, redevelopment, construction, real estate financing and other related services. Inland member companies have facilitated more than $55 billion in acquisitions since inception and currently manage a diverse real estate portfolio of approximately $17 billion across 43 states. Past performance is not a guarantee of future results.

About The Scion Group
The Scion Group is the largest owner/operator of off-campus student housing communities globally. Scion’s current portfolio consists of over 95,000 beds of student accommodations in 146 communities, serving 82 college and university markets across 35 U.S. states. Scion employs more than 1,600 team members and has over $10 billion of assets under management, generating over $1 billion in annual aggregate revenues. Scion also acts as an independent advisor to colleges and universities, foundations, and private-sector providers, with experience in more than 300 campus markets.

For more information on The Inland Real Estate Group of Companies, Inc., please visit www.inlandgroup.com.

Inland & Devon Complete New Class-A Self-Storage Facility in Philadelphia | Inland Investments

nicole.spreck@inlandgroup.com (Inland Media Relations) — Tue, 16 Sep 2025 05:00:00 GMT

Oak Brook, Ill. – Inland Real Estate Investment Corporation (“Inland Investments”), an industry leading real estate investment manager, and Devon Self Storage (“Devon”), one of the largest privately owned national self-storage developers, owners and managers and a member of The Inland Real Estate Group of Companies, Inc., announced together they have completed construction of a 88,000-square-foot Class-A self-storage facility located in Philadelphia, Pennsylvania.

Strategically positioned along I-95, one of the most heavily traveled highways in the United States, the newly redeveloped property sits adjacent to the Delaware River at 5200 Unruh Avenue. Originally constructed in 1900 and former home to the Moulton Ladder Manufacturing Company, the building has been converted into a five-story, climate-controlled self-storage facility. The building now features 932 storage units, a 24-hour security system, and a covered loading area designed for customer convenience.

“With Philadelphia now ranked as the sixth largest city in the U.S. and serving a population of over 5.8 million according to U.S. Census data, this redevelopment directly responds to the region’s increasing demand for revitalized infrastructure and services,” said Greg Mackay, chief operating officer of Devon. “This new self-storage facility supports the city’s ongoing commercial and residential growth, particularly along the Waterfront, where development has been steadily accelerating.”

This project marks the 18th successful collaboration between Inland Investments and Devon on behalf of investors participating in private offerings focused on self-storage assets.

“Philadelphia’s unique blend of dense housing, a growing population, and limited self-storage availability continues to fuel demand for modern, accessible storage solutions,” said Keith Lampi, CEO and president of Inland Investments. “We’re proud to expand alongside Devon, delivering high-quality, purpose-built self-storage developments that meet the evolving needs of diverse communities nationwide.”

About Inland Real Estate Investment Corporation
Inland Real Estate Investment Corporation (“Inland Investments”), headquartered in Oak Brook, IL, is an industry-leading real estate investment manager and a member company of The Inland Real Estate Group of Companies, Inc. (“Inland”), one of the nation’s largest commercial real estate and finance groups. Named a Top Workplace by the Chicago Tribune for the past four years, Inland Investments specializes in offering public and private tax-advantaged, growth and income real estate solutions spanning virtually every sector of the commercial real estate market. Since 1968, Inland has engaged in the diverse facets of real estate, including property management, leasing, marketing, acquisition, real estate brokerage, development, redevelopment, construction, real estate financing and other related services. Inland member companies have facilitated more than $55 billion in acquisitions since inception and currently manage a diverse real estate portfolio of approximately $17 billion across 43 states. Past performance is not a guarantee of future results.

For more information on Devon Self Storage, please visit www.devonselfstorage.com.

For more information on The Inland Real Estate Group of Companies, Inc., please visit www.inlandgroup.com.

Inland & Devon Deliver New 767-Unit Class-A Self Storage Property in Michigan | Inland Investments

nicole.spreck@inlandgroup.com (Inland Media Relations) — Wed, 06 Aug 2025 05:00:00 GMT

Oak Brook, Ill. – Inland Real Estate Investment Corporation (“Inland Investments”), an industry leading real estate investment manager, and Devon Self Storage (“Devon”), one of the largest privately owned national self-storage developers, owners and managers and a member of The Inland Real Estate Group of Companies, Inc., announced together they have completed construction of a 77,600-square-foot Class-A self-storage facility located in Southfield, Michigan.

Conveniently located at 24700 Northwestern Highway in one of Detroit’s northwest suburbs, near major thoroughfares I-696 and M-10 (the Lodge Freeway), the property has been converted from an office building to a four-story, climate-controlled self-storage facility with 767 self-storage units, a 24-hour security system and a covered loading area.

“We are thrilled to redevelop this property ideally surrounded by offices, hotels, restaurants, healthcare facilities and shopping centers, making it a central spot for commercial activity,” said Greg Mackay, chief operating officer of Devon. “The area is also home to several schools and educational institutions, and the self-storage facility benefits from Southfield’s location as a hub for businesses in metro Detroit.”

This is the 17th IPC-Devon project delivered on behalf of investors in private offerings comprised of self-storage assets in diverse markets throughout the nation.

“Southfield’s significant business presence, with more than 27 million square feet of office space and home to numerous Fortune 500 Companies, created a demand for self-storage,” said Keith Lampi, CEO and president of Inland Investments. “We are pleased to work with Devon to supply the market’s need for storage and expand our national growing portfolio of 190 properties in 31 states.”

Inland Investments’ current self-storage portfolio spans more than $1.8 billion in assets under management.

About Inland Real Estate Investment Corporation
Inland Real Estate Investment Corporation (“Inland Investments”), headquartered in Oak Brook, IL, is an industry-leading real estate investment manager and a member company of The Inland Real Estate Group of Companies, Inc. (“Inland”), one of the nation’s largest commercial real estate and finance groups. Named a Top Workplace by the Chicago Tribune for the past four years, Inland Investments specializes in offering public and private tax-advantaged, growth and income real estate solutions spanning virtually every sector of the commercial real estate market. Since 1968, Inland has engaged in the diverse facets of real estate, including property management, leasing, marketing, acquisition, real estate brokerage, development, redevelopment, construction, real estate financing and other related services. Inland member companies have facilitated more than $55 billion in acquisitions since inception and currently manage a diverse real estate portfolio of approximately $17 billion across 43 states. Past performance is not a guarantee of future results.

For more information on Devon Self Storage, please visit www.devonselfstorage.com.

For more information on The Inland Real Estate Group of Companies, Inc., please visit www.inlandgroup.com.

Inland Grows Student Housing Platform, Secures $128 Million for South Carolina DST | Inland Investments

nicole.spreck@inlandgroup.com (Inland Media Relations) — Mon, 04 Aug 2025 05:00:00 GMT

Oak Brook, Ill. – Inland Real Estate Investment Corporation (“Inland Investments”), an industry-leading real estate investment manager with over $16 billion in assets under management, announced the successful completion of a capital raise exceeding $128 million for its private investment offering Columbia SC Student Housing DST, a Delaware statuary trust sponsored by Inland Private Capital Corporation. The offering has been fully subscribed and is now closed.

Columbia SC Student Housing DST owns Sawyer on Lincoln, a 274-unit, 673-bed student housing property located at 919 Catawba Street in Columbia, South Carolina, serving students at the University of South Carolina, a Southeastern Conference Power 5 School. The property is well situated across the street from the university’s Greek Village and within walking proximity to notable academic buildings and university landmarks. Additionally, the property is surrounded by a vibrant neighborhood consisting of a variety of restaurants, shops, and entertainment options, making the property an ideal pedestrian quality location for students.

Constructed in 2023, Sawyer on Lincoln provides residents with upscale amenities including an outdoor courtyard and lounge with games, a swimming pool with in-pool lounge seating and a hot tub, a 24-hour fitness center, private and group study rooms, gated residential parking and pet friendly amenities. Units also feature stainless steel appliances, memory foam mattresses, a full-size washer and dryer, valet trash service, walk-in closets and private locks on bedroom doors.

“The Sawyer on Lincoln is ideally positioned to attract and meet the ongoing demand from students transitioning out of freshman housing,” said Nati Kiferbaum, chief strategy officer of Inland Investments. “The student housing sector overall has demonstrated immense stability against the greater macroeconomic backdrop, and the record enrollments at Power 5 Schools, such as the University of South Carolina, are showcasing the significant value in education and the experience that comes with it.”

Inland Investments’ current student housing portfolio spans more than $1.4 billion in assets under management. The portfolio is comprised of 15 properties serving 12 campuses, totaling 7,656 beds. The Sawyer on Lincoln property marks the second student housing asset located in South Carolina. Earlier this year, the company announced it added a 994-bed student property serving Clemson University.

Named a Top Workplace by the Chicago Tribune for the past four years, Inland Investments specializes in offering public and private tax-advantaged, growth and income real estate solutions spanning virtually every sector of the commercial real estate market. Inland member companies have facilitated more than $55 billion in acquisitions since inception and currently manage a diverse real estate portfolio of approximately $16 billion across 42 states.

Inland & Devon Deliver New 797-Unit Class-A Self Storage Property in St. Louis | Inland Investments

nicole.spreck@inlandgroup.com (Inland Media Relations) — Mon, 28 Jul 2025 05:00:00 GMT

Oak Brook, Ill. – Inland Real Estate Investment Corporation (“Inland Investments”), an industry leading real estate investment manager, and Devon Self Storage (“Devon”), one of the largest privately owned national self-storage developers, owners and managers and a member of The Inland Real Estate Group of Companies, Inc., announced together they have completed construction of an 80,217-square-foot Class-A self-storage facility located in St. Louis.

The 797-unit facility is conveniently located at 4222 Union Boulevard near Interstate 70 (I-70), a major east-west highway that runs through the city and Kingshighway Boulevard. The property was converted from a warehouse to a three-story, climate- controlled self-storage facility with elevators and a 24-hour security system.

“This property is ideally located near Washington University, University of Missouri – St. Louis and St. Louis University, Forest Park, and Busch Stadium,” said Greg Mackay, chief operating officer of Devon. “The area offers a blend of attractions, entertainment and proximity to major institutions.”

St. Louis ranks fifth nationally in the adaptive-reuse self-storage development trend, with approximately 75 percent of the City’s inventory now comprised of converted properties from prior uses.

“This is the 16th Inland Investments-Devon self-storage project delivered on behalf of investors in diverse markets throughout the nation,” said Keith Lampi, CEO and president of Inland Investments. “St. Louis’s favorable demographic trends, including positive net migration, and an expanding household base are driving demand for storage space, which benefits our growing self-storage portfolio.”

Inland Investments’ current self-storage portfolio spans more than $1.8 billion in assets under management. Devon currently manages 190 properties with a footprint in 31 states across the country.

About Inland Real Estate Investment Corporation
Inland Real Estate Investment Corporation (“Inland Investments”), headquartered in Oak Brook, IL, is an industry-leading real estate investment manager and a member company of The Inland Real Estate Group of Companies, Inc. (“Inland”), one of the nation’s largest commercial real estate and finance groups. Named a Top Workplace by the Chicago Tribune for the past four years, Inland Investments specializes in offering public and private tax-advantaged, growth and income real estate solutions spanning virtually every sector of the commercial real estate market. Since 1968, Inland has engaged in the diverse facets of real estate, including property management, leasing, marketing, acquisition, real estate brokerage, development, redevelopment, construction, real estate financing and other related services. Inland member companies have facilitated more than $55 billion in acquisitions since inception and currently manage a diverse real estate portfolio of approximately $17 billion across 43 states. Past performance is not a guarantee of future results.

For more information on Devon Self Storage, please visit www.devonselfstorage.com.

For more information on The Inland Real Estate Group of Companies, Inc., please visit www.inlandgroup.com.