OAK BROOK, Ill.--(BUSINESS WIRE)--Inland Private Capital Corporation (“Inland”) today announced the appointment of Keith D. Lampi, 33, as a director of the Real Estate Investment Securities Association (“REISA”), the nation’s leading trade association serving the alternative investment and securities industry. In this position, Lampi will serve on REISA’s 14-member leadership team and will contribute his expertise and input on issues confronting the alternative investment industry. Lampi will also retain his duties as the chief operating officer and a director of Inland Private Capital Corporation.
Voted onto the board by REISA’s 1,600 members, his two-year term will begin in January 2014. Lampi has been involved with REISA since 2003, when Inland helped form the organization - formerly known as the Tenant in Common Association (“TICA”) - and he has assumed active roles on various REISA committees throughout the years.
“We are seeing many positive changes in the alternative investment space, from the JOBS Act, to new innovative offering and reduced fee structures, to new types of offerings,” said Lampi. “I believe these adjustments will enhance our industry’s future and better protect our investors.”
Lampi joined Inland Private Capital Corporation in 2001, and currently serves as chief operating officer and a member of the company’s board of directors. In his position with Inland, Lampi oversees all aspects of the capital raising initiatives for Inland’s real estate-related private placement product line. He also serves on the company’s Investment Committee, which is responsible for all acquisitions, financing, disposition and asset management-related decision making, as well as the company’s CEO Council, responsible for directing the company’s long-term strategic plans.
“I am honored to join the board of directors of the REISA organization,” continued Lampi. “As a member of REISA’s leadership team, I look forward to committing my and Inland’s expertise, energy, time and resources to continue REISA’s success.”
Lampi holds Series 7, 63, 79 and 99 licenses with the Financial Industry Regulatory Authority (FINRA) and received a bachelor’s degree in economics from the University of Illinois at Champaign.
About Inland Private Capital Corporation
Inland Private Capital Corporation, based in Oak Brook, Ill., offers replacement property investments for persons participating in a 1031 tax deferred exchange, as well as opportunities for accredited investors who are seeking a real estate investment. Inland Private Capital Corporation is 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”). As of September 13, 2013, Inland Private Capital Corporation had sponsored 134 private placement programs. The 134 private placement programs include 274 properties, with over 15 million square feet of gross leasable area, which equates to more than $2.8 billion in assets under management.
This communication is neither an offer to sell, nor a solicitation to buy any security sponsored by Inland Private Capital Corporation, which can be made only by the respective private placement memorandum and sold only by broker/dealers authorized to do so.