RE · REAL ESTATE

Inland Real Estate Income Trust, Inc.

Inland Real Estate Group of Companies · Grocery-Anchored Retail Non-Traded REIT

Program Overview

Grocery-Anchored Retail Non-Traded REIT

Peer Group Filters

Objectives: IncomeCapital AppreciationCapital PreservationTax AdvantagedDiversificationTotal Return
Asset Class: Real Estate
Vehicle: REIT
Single / Multi Asset: Multi-Asset

Sponsor/Manager

Inland Real Estate Group of Companies

Asset Class

Real Estate

Investment Manager

IREIT Business Manager & Advisor, Inc.

Issuer

Inland Real Estate Income Trust, Inc.

Issuer Legal Structure

Maryland Corporation

Program Life Structure

Indefinite

Securities Offered

Equity - Common Stock

Target Leverage

Maximum 60% LTV Unsecured $860M KeyBank facility due 4/1/2029 (1-yr option); $525M of term loan swapped. Covenant leverage ratio cap 60% (MD&A; 65% twice for two quarters) vs 65% (risk factor) - 10-K conflicts. Ratio basis not defined in the 10-K. Charter cap 300% of net assets (2015 prospectus).

Strategy Risk/Return Profile

Core

Managing Broker-Dealer

Inland Securities Corporation

Scale

51 properties · 7,013,213 sq ft

Raised To Date

$148,165,000

Strategy Overview

Owns and operates a portfolio of necessity-based, multi-tenant retail centers, substantially all grocery-anchored or grocery shadow-anchored (87% of ABR), for income. Raised capital 2012-2015, last acquired in 2022 and sold one asset in June 2026. The board reviewed strategic alternatives in 2024-2025 and declined a sale or listing; the Business Manager continues to evaluate ways to grow assets and cash flow and restore liquidity.

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