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Investment real estate values increased by 4.1 percent during July 2016, according to the FTSE NAREIT PureProperty Index Series, which provides the earliest measurement of changes in the market values of properties held for investment purposes. Nationwide property appreciation averaged 12.1 percent since the beginning of 2016.
JoAnn McGuinness, executive vice president of Inland Real Estate Investment Corp., a sponsor of non-listed REITs and private partnerships, has worked with each of the seven REITs sponsored by Inland during her 23-year tenure with the company.
As the company embarks on its newest REIT, Inland Residential Properties Trust, Inc., McGuinness spoke to REIT.com about the dynamics of the multifamily market, trends in the retail segment and Inland’s unique approach to nurturing its female employees.