Former Cetera Gatekeeper to Lead Real Estate Investment Shop

Group 1 - Matt Fries has joined Inland Real Estate Investment Corp. as CEO and president, replacing Ella Neyland, who served as interim CEO for two months [1][2] - Neyland will remain as a strategic advisor and continue as chair of IPC Alternative Real Estate Income Trust [2] - Fries will report to Tony Chereso, CEO of The Inland Real Estate Companies, and will lead the company's long-term business strategy and oversee public and private investment platforms [3] Group 2 - Fries brings nearly 30 years of experience in wealth management and expertise in alternative investments, which aligns with Inland's institutional commercial real estate experience [4] - The company manages $16 billion in commercial real estate assets across 844 sponsored programs, including REITs, 1031 exchanges, and qualified opportunity zone investments [5] - Fries aims to expand investment offerings and embrace innovation to deliver outstanding results for investors [5]