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Inland raises $1.1 billion of investor capital | Chain Store Age
Inland raises $1.1 billion of investor capital Oak Brook, Ill. -- Inland Diversified Real Estate Trust announced it has raised over $1.1 billion of investor capital, which will be used to continue the company’s acquisitions of a diversified portfolio of commercial real estate properties. “We believe that we have built an outstanding portfolio of stable, performing commercial real estate assets with very high occupancy, generating sustainable distributions for our investors,” said Barry Lazarus, president and COO of Inland Diversified. As of June 30, Inland Diversified’s portfolio of assets totaled approximately $1.5 billion.
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