Inland Private Capital

What Inland Private Capital does

Inland Private Capital, operating as Inland Real Estate Investment Corporation (dba Inland Investments), is a vertically integrated real estate investment manager founded in 1968 and headquartered in Oak Brook, Illinois. The firm sponsors and manages private and public real estate investment programs — including 1031 exchanges and Delaware Statutory Trusts (DSTs), 721 exchanges, Qualified Opportunity Zone (QOZ) funds, non-traded REITs, and ground-up development opportunities — targeting accredited individual investors and the financial advisors/RIAs who recommend them. Core sector concentrations span multifamily, medical outpatient buildings, self-storage, senior housing, and student housing. Capital is raised and distributed through Inland Securities Corporation, an in-house FINRA/SIPC member broker-dealer that serves as dealer-manager and placement agent, supplemented by online investor servicing via SS&C Digital Investor and a proprietary "My IPC Investments Center" portal.

The platform is built on a vertically integrated real estate operating model that brings acquisitions, underwriting, due diligence, financing, asset and property management, and investor servicing under a single corporate umbrella, supported by tax and insurance affiliates for risk management. Wholly owned subsidiaries include IPC Alternative Real Estate Income Trust, Inc., InPoint Commercial Real Estate Income, Inc., Inland Real Estate Income Trust, Inc., and Inland Securities Corporation. Inland has cumulatively sponsored 851 programs, completed 670 programs, served more than 490,000 investors across 49 states, and reports $16 billion in assets under management with $31 billion in capital raised since inception (as of 12/31/2025).

The business model is fee-based and recurring: asset management fees on managed capital across private and public programs, property management fees on owned/developed/managed assets, transaction-based revenue from acquisitions, dispositions, and financing activities, and placement/dealer-manager fees earned by Inland Securities on capital raises. Distribution is sales-led via financial advisors and RIAs; pricing is not publicly disclosed but is structured per accredited-investor program offerings with multi-year lock-up characteristics typical of DSTs and non-traded REITs. The company is private and a member of The Inland Real Estate Group of Companies, Inc.

Name

Inland Private Capital

Legal name

Inland Real Estate Investment Corporation

Website

https://inlandprivatecapital.com

Company type

Private

Founded year

1968

Operating status

Operating

Headcount range

11–50 employees

Short description

Inland Private Capital (Inland Investments) is a vertically integrated real estate investment manager offering tax-advantaged (1031/721/QOZ) and income/growth programs to accredited investors through its in-house FINRA broker-dealer and a national RIA/advisor network.

Ownership category

akta.pro rank

Product category

Private Real Estate Investment Management (tax-advantaged placements and non-traded REITs)

NAICS

Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Other Financial Vehicles (52599), Open-End Investment Funds (52591)

SIC

Investors, Nec (6799), Real Estate Investment Trusts (6798), Real Estate Agents & Managers (For Others) (6531), Security Brokers, Dealers & Flotation Companies (6211), Investment Advice (6282)

akta.pro primary industry

Real Estate Portfolio & Fund Management (Institutional/REIT/PE) (BPAJAMAJ)

akta.pro secondary industries

Real Estate Investment Advisory (Acquisitions/Dispositions, Capital Allocation) (BPAJANAA), Real Estate Capital Markets Advisory (Debt/Equity Placement, Refinancing) (BPAJANAE), Capital Markets Advisory (Equity Placement, JV & Recapitalization) (BPAJABAL), Real Estate Debt & Mortgage Strategies (FSAAAKAC)

Keywords

• Private real estate placement
• 1031 exchange investments
• Delaware statutory trusts
• Non-traded REITs
• Tax-advantaged real estate

Headquarters

HQ city

Oak Brook

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others

Revenue model

1. Asset Management Fees: Fees charged for managing investor capital across private and public real estate programs, including REITs and DSTs.
2. Property Management Fees: Fees for property management services across owned, developed, and managed properties.
3. Transaction-based Revenue: Revenue from acquisitions, dispositions, and financing activities across the investment programs.
4. Placement Agent/Dealer Manager Fees: Inland Securities Corporation serves as dealer manager and placement agent for programs sponsored by Inland Investments, generating fees from capital raising activities.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Inland Private Capital (Inland Investments) sponsors and manages tax-advantaged and income-oriented commercial real estate investment programs for accredited investors, including 1031 Exchanges & DSTs, 721 Exchanges, Qualified Opportunity Zone funds, and development opportunities, alongside public non-traded REITs (IPC Alternative Real Estate Income Trust, InPoint Commercial Real Estate Income, Inland Real Estate Income Trust). The firm operates a vertically integrated real estate platform spanning acquisitions, asset management, financing, underwriting, due diligence, and property management, distributing offerings through its FINRA/SIPC broker-dealer Inland Securities Corporation and a nationwide network of financial advisors and RIAs.

Product overview

Inland Private Capital operates as a vertically integrated real estate investment management platform offering tax-advantaged, income, and growth investment solutions. The platform encompasses private programs (1031 Exchanges & DSTs, 721 Exchanges, Qualified Opportunity Zones, Development) and public non-traded programs (IPC Alternative Real Estate Income Trust, InPoint Commercial Real Estate Income, Inland Real Estate Income Trust, and open-end REITs). Investment focus spans high-conviction sectors including multifamily, medical outpatient buildings, self-storage, senior housing, and student housing. The platform is complemented by educational resources including sector-specific research reports and market updates.

Differentiator

Problem solved

Functional benefit

Brands

• IPC Alternative Real Estate Income Trust, Inc. Alternative Real Estate Income Trust managed by Inland
• InPoint Commercial Real Estate Income, Inc.
• Inland Real Estate Income Trust, Inc.
• Inland Securities Corporation

Products and services

• 1031 Exchanges & DSTs Tax-advantaged investment programs that allow investors to defer capital gains taxes by exchanging into newly acquired properties held through Delaware Statutory Trusts (DSTs), designed for accredited investors executing 1031 exchanges.
• 721 Exchanges Tax-deferred exchange structure allowing investors to exchange appreciated property for shares in a REIT, enabling wealth preservation and potential long-term returns.
• Qualified Opportunity Zones Tax-advantaged investment program allowing accredited investors to defer and reduce capital gains taxes by investing through qualified opportunity zone (QOZ) funds sponsored by Inland.
• Open-End REITs Open-end public REIT programs structured to balance long-term appreciation with ongoing cash flow, providing accredited investors with steady income and capital appreciation from diversified commercial real estate.
• Development Investment Programs Private ground-up development and redevelopment investment programs that leverage Inland's vertically integrated platform to create value through operational efficiency improvements and asset repositioning.
• IPC Alternative Real Estate Income Trust, Inc. Public non-traded REIT focused on generating income through diversified alternative commercial real estate investments, sponsored by Inland.
• InPoint Commercial Real Estate Income, Inc. Public non-traded REIT focused on commercial real estate debt and equity investments, targeting both income and growth for accredited investors.
• Inland Real Estate Income Trust, Inc. Public non-traded REIT providing accredited investors with diversified commercial real estate exposure and income generation.

Quantifiable outcome

• 851 programs sponsored, 670 programs completed since inception
• +3 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Two partnerships are on record, tiered core.

• FINRAcoreOthersFinancial Industry Regulatory Authority - Inland Securities Corporation is a member of FINRA, the largest independent regulator for all securities firms doing business with the public in the United States.
• SIPCcoreOthersSecurities Investor Protection Corporation - Inland Securities Corporation is a member of SIPC, which provides protection for securities customers of its members in case of firm bankruptcy.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• JLL Capital Markets: Advisory arm of Jones Lang LaSalle providing investment sales, debt placement, equity placement, and recapitalization services across U.S. commercial real estate. JLL overlaps with Inland's capital markets advisory and acquisition/disposition functions for institutional-quality assets.
• Starwood Capital Group: Large alternative investment manager with major private real estate, hospitality, and real estate debt strategies raising capital from institutional and wealth-channel investors. Starwood competes with Inland across the income/growth REIT and private real estate fund space, especially in multifamily and senior housing.
• Newmark Group: Commercial real estate services firm offering investment sales, capital markets, leasing, and advisory across major U.S. property types. Newmark is comparable to the advisory and capital-raising capabilities within Inland's broader platform.
• KKR Real Estate: Global alternative manager with significant U.S. real estate equity and credit strategies including non-traded REIT products distributed to wealth-channel investors. KKR competes with Inland for retail capital, advisor shelf space, and high-quality real estate assets.
• Blackstone Real Estate Income Trust (BREIT): Blackstone's non-traded REIT that raises capital from individual investors through financial advisors for diversified U.S. commercial real estate. BREIT is the dominant scaled direct competitor to Inland's non-traded REIT and DST programs and competes for the same advisor-sourced retail capital.

Direct peers

• Marcus & Millichap: National commercial real estate investment sales brokerage with extensive multifamily, retail, and specialty property brokerage and a dedicated capital markets group serving private investors. MMI overlaps with Inland's investment property sales and capital placement functions.
• Passco Companies: Private real estate investment firm specializing in DST, 1031 exchange, and opportunity zone offerings across multifamily, office, and retail. Passco operates with a similar vertically oriented sponsor model and advisor-driven distribution approach.
• Griffin Capital: Calabasas-based sponsor of DST, 1031 exchange, and qualified opportunity zone programs with a similar focus on tax-advantaged real estate offerings for individual investors and advisors. Griffin is one of the closest direct comparables to Inland Private Capital's DST/1031/QOZ business model and advisor distribution model.
• Capital Square: Active sponsor of Delaware Statutory Trusts, qualified opportunity zone funds, and 1031 exchange programs targeted at individual investors and registered investment advisors. Capital Square is a near-direct peer in the DST/QOZ sponsor segment of Inland's product set.

Emerging players

• Kayne Anderson Real Estate: Alternative investment manager with private real estate funds including senior housing, multifamily, and self-storage strategies distributed through wealth channels. Kayne Anderson overlaps with Inland's high-conviction sector focuses and advisor-driven distribution approach.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat7 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries4 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Inland Private Capital