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July 29, 2015 3:04 PM ET

Capital Markets

Company Overview of Inland Real Estate Investment Corporation

Company Overview

Inland Real Estate Investment Corporation is a real estate investment trust based in Oak Brook, Illinois. Inland Real Estate Investment Corp. operates as a subsidiary of The Inland Real Estate Group of Companies, Inc.

2901 Butterfield Road

Suite 1

Oak Brook, IL 60523

United States

Founded in 1984





Key Executives for Inland Real Estate Investment Corporation

Chief Executive Officer, President, and Director
Age: 63
Chief Financial Officer and Due Diligence Director
Age: 57
Chief Operating Officer, President, and Director
Age: 72
Senior Vice President and Managing Director of Institutional Investments
Compensation as of Fiscal Year 2015.

Inland Real Estate Investment Corporation Key Developments

The Inland Real Estate Group, Inc. Appoints Prashant Bodhanwala as Chief Accounting Officer

The Inland Real Estate Group, Inc. announced that Prashant Bodhanwala, 48, has joined the company as chief accounting officer, overseeing accounting, financial strategic planning and financial analyses for Inland. Bodhanwala most recently served as vice president of accounting for CA Ventures, LLC, where he was responsible for all accounting, tax, accounts payable, accounts receivable and payroll. Under his leadership, the company streamlined the monthly preparation of investor reporting to meet required distribution due dates and developed an internal control system. Prior to joining CA Ventures, LLC, Bodhanwala was a finance manager for Jones Lang LaSalle; a corporate controller for InSite Real Estate, LLC; a portfolio manager for TrizecHahn Office Properties, and a property accountant for Miglin Beitler, Inc.

Inland Real Estate Investment Corporation Announces Executive Changes

Inland Real Estate Investment Corporation announced that Mitchell A. Sabshon has been named to the position of Chief Executive Officer, succeeding Robert Parks, who will continue as Chairman of the company. Mr. Sabshon most recently served as Chief Operating Officer of Cole Real Estate Investments. Mr. Sabshon, who will join the company in mid-August, will lead Inland as it continues to execute its long-term business strategy and capitalizes on opportunities for growth, including developing new real estate investment products, expanding its reach into new markets and new distribution channels and continuing to broaden and advance the Inland brand and market share. He spent almost 10 years at Goldman, Sachs & Co. in various leadership positions, including President and CEO of Goldman Sachs Commercial Mortgage Capital.

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