Inland Negotiates Investment in Cobalt REIT

Inland Institutional Capital Partners, Oak Brook, Ill., has announced the negotiation of a $125 million investment in Cobalt Industrial REIT II on behalf of Inland American Real Estate Trust Inc.The Cobalt real estate investment trust intends to make approximately $1 billion of industrial property acquisitions and developments in major U.S. metropolitan markets over the next 30 months, Inland said. Cobalt is a private REIT advised by Cobalt Capital Partners LP, Dallas. Inland Institutional Capital is a part of The Inland Real Estate Group of Companies, which can be found online at http://www.inland-american.com.

Processing Content

For reprint and licensing requests for this article, click here.
Originations
MORE FROM NATIONAL MORTGAGE NEWS
Load More