Inland Real Estate Income Trust, Inc. Announces CEO and CFO

OAK BROOK, Ill.--()--Inland Real Estate Income Trust, Inc. (Inland Income Trust) announced today that its Board of Directors unanimously elected Mitchell Sabshon as its chief executive officer. Mr. Sabshon is also currently the chief executive officer, president and a director of Inland Real Estate Investment Corporation (IREIC), the sponsor of Inland Income Trust. In addition, Catherine Lynch was unanimously elected chief financial officer of Inland Income Trust. Ms. Lynch is also currently the chief financial officer and a director of IREIC.

Mr. Sabshon and Ms. Lynch join Inland Income Trust’s executive team, comprised of Dan Goodwin, chairman and a director, JoAnn McGuinness, president, chief operating officer and a director, and David Lichterman, vice president, chief accounting officer and treasurer. With the additions of Mr. Sabshon and Ms. Lynch, Inland Income Trust’s executive team cumulatively has more than a century of industry experience.

Mr. Sabshon joined IREIC in August of 2013. Prior to joining IREIC, he was the chief operating officer of Cole Real Estate Investments for three years. Before joining Cole, he held several senior executive positions at leading financial services firms, including 10 years at Goldman, Sachs & Co.

Ms. Lynch joined IREIC in 1989. She is also currently a director of The Inland Group, Inc. and Inland Securities Corporation. Prior to joining IREIC, she worked in public accounting for KPMG LLP. She is a Certified Public Accountant and is registered with FINRA as a Financial Operations Principal.

Inland Income Trust’s portfolio presently focuses on multi-tenant retail real estate and currently consists of 17 retail properties, collectively totaling 739,092 square feet across eight states.

About Inland Real Estate Income Trust, Inc.

Inland Real Estate Income Trust, Inc. was formed to acquire, directly or through joint ventures, a portfolio of commercial real estate located throughout the United States. Inland Real Estate Income Trust, Inc. is focused on acquiring primarily core multi-tenant retail assets. Inland Real Estate Income Trust, Inc. is sponsored by Inland Real Estate Investment Corporation.

About IREIT Business Manager & Advisor, Inc.

IREIT Business Manager & Advisor, Inc., an Illinois corporation and a wholly owned subsidiary of Inland Real Estate Investment Corporation, is the business manager of Inland Real Estate Income Trust, Inc. In addition to its other duties for Inland Real Estate Income Trust, Inc., IREIT Business Manager & Advisor, Inc. focuses on identifying and acquiring real estate assets for Inland Real Estate Income Trust.

Contacts

Inland Marketing & Communications, Inc.
Nicole Spreck, (630) 586-4896
nicole.spreck@inlandgroup.com

Mitchell Sabshon, CEO of Inland Real Estate Income Trust, Inc. (Photo: Business Wire)

Mitchell Sabshon, CEO of Inland Real Estate Income Trust, Inc. (Photo: Business Wire)

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Release Summary

Inland Real Estate Income Trust, Inc. announced that its Board of Directors unanimously elected Mitchell Sabshon as its CEO and Catherine Lynch as the CFO.

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Contacts

Inland Marketing & Communications, Inc.
Nicole Spreck, (630) 586-4896
nicole.spreck@inlandgroup.com