| |
Residential Development Financing
Participating Mezzanine Financing
$13,000,000
A high profile residential development project in one of Chicago’s most desired communities, with an international property investor as the capital partner and Inland Opportunity Hinsdale Hamptons, L.L.C. as the operating partner.
| Total Capitalization |
$13.07 MM
|
| Asset Types |
Residential Development
|
Total Equity
Investor
Operator |
$8.27 MM
85%
15% |
| Leverage |
37% |
|
 |
Necessity-Based Property Fund
INP Retail LP
$500,000,000
A $500 million program formed to invest in grocery-anchored and community retail centers in the Midwest on behalf of Inland Real Estate Corporation (NYSE:IRC), with PGGM, a leading European pension fund administrator and asset manager as the capital partner.
| Total Capitalization |
$500MM |
| Asset Types |
Retail |
Total Equity
Investor
Operator |
$275 MM
45%
55% |
| Leverage |
40-50% |
|
|
Commercial Real Estate Debt Program
Preferred Equity Investment
$100,000,000
A $1.1 billion program to originate and acquire real estate debt on behalf of Inland American Real Estate Trust, Inc. in partnership with a debt platform jointly owned by two publically traded REITs as the operating partner.
| Total Capitalization |
$1.1B |
| Asset Types |
Various |
Total Equity
Investor
Operator |
$425 MM
25%
75% |
| Leverage |
60% |
|
|
Special Purpose Net Leased Property Fund
Net Lease Strategic Asset Fund LP
$342,000,000
A $1.1 billion fund to acquire net leased properties on behalf of Inland American Real Estate Trust, Inc. with a publically traded REIT as the operating partner.
| Total Capitalization |
$1.1B |
| Asset Types |
Various |
Total Equity
Investor
Operator |
$400MM
85%
15% |
| Leverage |
55% |
|
|
Industrial Property “Club” Investment
Cobalt Industrial REIT II
$149,000,000
A $1.0 billion private REIT that acquires and operates “value-added” industrial property in which Inland American Real Estate Trust, Inc. is the largest investor.
| Total Capitalization |
$1.0B |
| Asset Types |
Industrial |
Total Equity
Investor
Operator |
$400 MM
75%
25% |
| Leverage |
65% |
|
|
Development Platform Entity Level Investment
Preferred Equity Investment
$250,000,000
A $900 million property development and operating program on behalf of Inland American Real Estate Trust, Inc. with a nationally recognized development and construction firm as the operating partner.
| Total Capitalization |
$900MM |
| Asset Types |
Various |
Total Equity
Investor
Operator |
$275 MM
90%
10% |
| Leverage |
70% |
|
|
Industrial/R&D Property Acquisition Fund
D.R. Stevens Institutional Fund, LLC
$90,000,000
A $300 million fund to invest in “value-added” industrial/ R&D property in the San Francisco Bay Area on behalf of Inland American Real Estate Trust, Inc. with a major local owner/manager as the operating partner.
| Total Capitalization |
$300MM |
| Asset Types |
Industrial/ R&D |
Total Equity
Investor
Operator |
$100 MM
90%
10% |
| Leverage |
70% |
|
|
National Retail Property Fund
MS Inland Fund, LLC
$1,000,000,000
A $1.0 billion program to acquire and operate retail properties, on behalf of Inland Western Retail Real Estate Trust, Inc. with a major state pension plan as the capital partner.
| Total Capitalization |
$1.0B |
| Asset Types |
Retail |
Total Equity
Investor
Operator |
$425 MM
80%
20% |
| Leverage |
60% |
|
|
Residential Land Acquisition Fund
Equity Investment Vehicle
$200,000,000
A $200 million land acquisition program with a large international insurance company as the capital partner.
| Total Capitalization |
$200MM |
| Asset Types |
Residential Land |
Total Equity
Investor
Operator |
$100 MM
90%
10% |
| Leverage |
50% |
|
|
Southeast Retail Property Acquisition Fund
Inland SAU, LLC
$500,000,000
A $200 million expansion of a retail property acquisition joint venture on behalf of Inland Retail Real Estate Trust, Inc. with a major state pension plan as the capital partner.
| Total Capitalization |
$500MM |
| Asset Types |
Retail |
Total Equity
Investor
Operator |
$180 MM
80%
20% |
| Leverage |
60% |
|
|
Midwest Retail Property Fund
IN Retail Fund LLC
$200,000,000
A $200 million expansion of a retail property acquisition program on behalf of Inland Real Estate Corporation (NYSE:IRC) with a major state pension plan.
| Total Capitalization |
$600MM |
| Asset Types |
Retail |
Total Equity
Investor
Operator |
$300 MM
50%
50% |
| Leverage |
50% |
|
|
Diversified Property Acquisition Program
MB REIT, Inc.
$2,400,000,000
A $2.4 billion private REIT formed to acquire a diversified pool of commercial properties, on behalf of Inland American Real Estate Trust, Inc. with a Canadian institutional investor as the capital partner.
| Total Capitalization |
$2.4B |
| Asset Types |
Various |
Total Equity
Investor
Operator |
$1.3B
25%
75% |
| Leverage |
50% |
|
|
|
