Inland Real Estate Income Trust, a publicly registered nontraded REIT, has engaged BMO Capital Markets to act as exclusive financial adviser to the company in connection with the board’s initiation of a process to review strategic alternatives, including the sale of the company.
Inland Real Estate Income Trust, sponsored by Inland Real Estate Investment, was formed to acquire — directly or indirectly — a portfolio of commercial real estate located throughout the United States, with a specific focus on grocery-anchored retail assets.
Inland Real Estate Income Trust said there is no assurance the strategic review, undertaken with the help of BMO Capital Markets, will result in a transaction creating a liquidity event.