Inland Real Estate Investment Corp. President/CEO Mitchell Sabshon to retire; Keith Lampi appointed successor

Oak Brook-based Inland Real Estate Investment Corporation’s President/CEO Mitchell A. Sabshon is retiring from his posts and as director of Inland Investments effective Feb. 1.

The company’s board has appointed Keith Lampi as his successor.

Sabshon will remain in his current roles at two of the publicly registered non-listed Real Estate Investment Trusts sponsored by the company: InPoint Commercial Real Estate Income, Inc. and Inland Real Estate Income Trust, Inc. He will work closely with Lampi to ensure a successful transition before and after his retirement.

“Our leadership team, multi-product platform and expanded distribution network have positioned the company for continued growth and market share,” Sabshon said. “I have worked closely with Keith over the past 10 years, and I am confident he is the ideal leader to continue Inland Investments’ long-term track record of success.”

This leadership transition underscores Inland Investments’ long-term succession plan as well as its strategic vision and commitment to its investors, clients and employees for continued growth and delivering best-in-class wealth solutions and performance in the real estate investment management industry.

“On behalf of the board of directors, I’d like to thank Mitchell for his contributions over the years, especially in his leadership at Inland Investments,” Chairman Daniel L. Goodwin said. “As the industry has evolved, he has repositioned Inland Investments as a strong competitor. We look forward to a smooth transition and continued success under Keith.”

Lampi currently is president and CEO of Inland Private Capital Corporation.

“Mitchell has been a tremendous leader and mentor over the years, and I am humbled to be stepping into his roles as president and CEO of Inland Investments,” he said.

At IPC, Lampi’s more than 20-year career began as an intern during the company’s inception in 2001. He helped shape the firm into a market leader in the private real estate securities industry, with more than $12.2 billion in assets under management. After succeeding Sabshon, Lampi will continue in his roles at IPC as well as his positions as chairman and CEO of the IPC Alternative Real Estate Income Trust, Inc.