“We are pleased to inform you that the Board of Directors of Inland Residential Properties Trust, Inc. (“Inland Residential”) has voted to approve a liquidity event for the Company..."

As a business incubator, Inland specializes in creating, developing and sponsoring new business enterprises that provide real estate and finance-related investment funds, including institutional funds, alternative public and private securities, and development, construction and other opportunities.

“The Property is right downtown, walkable to all the major demand generators in the Honolulu CBD...”

“This was an attractive acquisition opportunity due to the fact that we were able to buy all 49 CVS stores in one transaction.”

As of July 11, 2017, the property was 96 percent occupied and 99 percent pre-leased.

Constructed in 2012, the approximately 300,000-square-foot apartment property includes nine buildings with 92 one-bedroom, 124 two-bedroom and 56 three-bedroom units.

In his position, Guzzetta will serve as an external wholesaler working to build relationships with current and new financial advisors in Florida, Puerto Rico and the Virgin Islands.

“We are excited to partner with Sound Point, given their well-respected and proven track record in credit strategies over multiple economic and market cycles,” said Mitchell Sabshon