Inland Private Capital Corporation (IPC) has successfully sold three multifamily communities in the Milwaukee and Brookfield areas of Wisconsin. IPC, through its subsidiaries acting as asset managers, facilitated the sale on behalf of one of its 1031 investment programs known as Milwaukee MSA Multifamily Portfolio DST.
The transaction resulted in a significant return for investors at 154.52 percent based on their initial capital investments into the properties. This sale is just one example of IPC’s track record for providing liquidity to investors while also offering them the option to utilize their sales proceeds for a tax-deferred exchange opportunity. Since 2023, IPC has monetized over $193 million worth of real estate through its 1031 exchange platform.
The three properties involved in this recent sale are Trostel Square Apartments located at 1818 North Commerce Street in Milwaukee, Norhardt Apartment Homes situated at 1995-2145 Norhardt Drive, and Norhardt Crossing at 1930 Norhardt Drive.
