Market Overview

Inland Real Estate Acquisitions, LLC Acquired Eight Multifamily Properties in Colorado in 2017

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Inland Real Estate Acquisitions, LLC announced today that it negotiated
and closed the purchase of eight multifamily properties in Colorado
throughout 2017 on behalf of Inland-related parties. The acquisitions
total 2,199 units for a total cumulative purchase price of approximately
$509 million.

This press release features multimedia. View the full release here:
http://www.businesswire.com/news/home/20180313006176/en/

Après Apartments in Aurora, Colorado (Photo: Business Wire)

Après Apartments in Aurora, Colorado (Photo: Business Wire)

To date, Inland Real Estate Acquisitions, LLC has completed the
acquisition of 22 multifamily properties in Colorado, totaling 5,183
units. The properties, which include apartment and townhome-style
communities, span across the state and are located in the cities of
Aurora, Arvada, Brighton, Broomfield, Castle Rock, Colorado Springs,
Denver, Fort Collins, Lakewood, Loveland and Westminster.

Matthew Tice and Mark Cosenza, both senior vice presidents of Inland
Real Estate Acquisitions, LLC, are responsible for completing the
purchases on behalf of the various Inland affiliates.

"We have continued to see strong economic drivers and demographics
throughout Colorado, signaling a need for multifamily properties and a
want for renters," said Tice.

"When looking for individual assets, we are open to multiple classes of
products, but strive to acquire high quality properties in prime
locations that serve as employment hubs, retail trade areas or are
easily accessed by public transportation," added Cosenza.

Throughout the United States, Inland Real Estate Acquisitions, LLC has
negotiated and closed the purchase of 502 multifamily and student
housing properties, totaling 77,431 units, for a total purchase price of
more than $5.2 billion.

Since inception, Inland Real Estate Acquisitions, LLC has facilitated
more than $45 billion of purchases including single-tenant properties,
medical office buildings, apartments and retail properties.

About Inland Real Estate Acquisitions, LLC

Inland Real Estate Acquisitions, LLC assists in identifying potential
acquisition opportunities, negotiates acquisition-related contracts and
acquires real estate assets for the various entities that are a part of
The Inland Real Estate Group of Companies, Inc., a group of independent
legal entities, some of which may be affiliates, share some common
ownership or have been sponsored or managed by Inland Real Estate
Investment Corporation or its subsidiaries (collectively, "Inland"). For
additional information, please refer to Inland's website at www.inlandgroup.com.

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