Inland Institutional Capital, LLC ("ICAP"), formerly known as Inland Institutional Capital Partners Corporation, provides real estate portfolio investment and asset management services to institutional investors, institutional separate accounts, and pooled investment vehicles. ICAP also facilitates institutional joint ventures and other large scale investment opportunities. Since 2005, ICAP has facilitated the completion of transactions with a value in excess of $10.5 billion. Inland Institutional Capital is an SEC registered investment advisor and is adviser to the Inland Retail Property Fund, L.P.

Inland affiliates or related parties have raised more than $21 billion from investment product sales to over 480,000 investors, many of whom have invested in more than one product. As of October 21, 2015, Inland had sponsored more than 690 programs. These include two Real Estate Investment Trusts ("REITs") that are now listed on the New York Stock Exchange, three REITs that have been sold to non-affiliated listed REITs and three non-listed REITs, in addition to numerous other private real estate investment vehicles.

"Inland" refers to The Inland Real Estate Group of Companies, Inc. which is comprised of a group of independent legal entities some of which may be affiliates, share some common ownership or have been sponsored and managed by subsidiaries of Inland Real Estate Investment Corporation. ICAP is a part of Inland.

PUBLIC PROGRAMS

PRIVATE PROGRAMS

This is neither an offer to sell nor a solicitation to buy any security, which can be made only by the prospectus, filed or registered with appropriate state and federal regulatory agencies, and sold only by broker dealers authorized to do so.