Private real estate has provided strong returns after repricing cycles while income generation remains positive for more than 30 years. With the recent decrease in valuations, we believe a rare opportunity is presented to invest at lower prices before the next recovery.
Ella S. Neyland serves as the Chair of the Board for IPC Alternative Real Estate Income Trust, Inc. (ALT REIT).
Prior to her appointment as Chair of ALT REIT, Ms. Neyland had served as an independent director of ALT REIT since August 2023. Outside of Inland, Ms. Neyland most recently served as Chief Operating Officer and a member of the board of directors of Independence Realty Trust, positions she held from December 2021 through December 2022. Until its merger with Independence Realty Trust, Ms. Neyland served in various roles at Steadfast Apartment REIT, Inc., including President from September 2013 to December 2021, Chief Financial Officer and Treasurer from June 2020 to December 2021 and as an affiliated director from August 2013 to December 2021. Ms. Neyland also served as President and affiliated director of Steadfast Income REIT, Inc., positions she held from October 2012 through March 2020. Prior to joining the Steadfast Apartment REIT, Ms. Neyland served in various roles as advisor and founder of several privately owned medical services related companies from 2004 to 2011. From 2001 to 2004, Ms. Neyland was the Executive Vice President, Treasurer and head of Investor Relations for UDR.
Prior to 2001, Ms. Neyland worked for various banks including CIBC and Frost Bank and also worked for Lincoln Property Company initially in charge of their debt restructuring and then lead their multi-family finance group. For six years she served on the board of the IPA (the Institute for Portfolio Alternatives) and in 2019 was elected as the first female chair in its 33-year history. She has served on the board of directors of Westwood Financial since September 2022. She is a member of the ULI Silver Multi-family council and has served as the Co-Chair. She has also served on the Board of Directors of NMHC, the National Multifamily Housing Council. Ms. Neyland received her B.S. in Finance from Trinity University.
Denise Kramer, CFA, serves as the Company’s Chief Executive Officer and as Chief Executive Officer of IPC Alternative Real Estate Advisor, LLC, the Company’s external advisor, roles she has held since October 2025. Prior to her appointment as Chief Executive Officer, Ms. Kramer served as the Company’s Chief Operating Officer, Lead Portfolio Manager from June 2023 through October 2025. Ms. Kramer also serves as the Chief Executive Officer and a director of InPoint Commercial Real Estate Income, Inc. (“InPoint”), positions she has held since December 2024, and as the President of InPoint’s advisor, Inland InPoint Advisor, LLC, a position she has held since January 2022. In addition, Ms. Kramer has served as Senior Vice President, Investment Product Management of IREIC since December 2022. Ms. Kramer began her career with Inland in 2016, serving as Senior Vice President, Investment Product Research for Inland Securities Corporation, Inland’s managing broker dealer. Prior to joining Inland, Ms. Kramer served as Director of Investment Research at Advisor Group from January 2010 to August 2016.
Ms. Kramer has a B.A. in accounting from the University of Maine and a Master’s degree in finance from Northeastern University. She holds Series 7 and 66 licenses with FINRA, and is a CFA Charterholder.
Joseph E. Binder serves as our Chief Capital Officer. Mr. Binder currently serves as IPC’s Executive Vice President of Acquisition Structure and Finance, a position he has held since January 2019. Mr. Binder joined IPC in 2008 and has served as a senior member of Inland Private Capital Corporation (IPC) management team leading the underwriting, due diligence, and structuring of its acquisitions, along with all debt capital market transactions and corporate lines of credit. In his time with IPC, Mr. Binder has overseen transactions in excess of $14 billion in investment real estate across nearly all asset types and a variety of investment structures and joint ventures.
Mr. Binder also serves as the Chief Investment Officer of The Inland Real Estate Group, LLC (Inland), a position he assumed in December of 2024. As CIO, Mr. Binder is responsible for managing and executing Inland’s investment strategies and capital markets activities and related strategic transactions.
Mr. Binder received a bachelor’s degree in finance from the University of Wisconsin at Whitewater and began his career in 2004 working in commercial real estate brokerage, followed by work in the commercial mortgage-backed securities industry. Mr. Binder holds an Illinois Real Estate Broker’s license.
Jerry Kyriazis serves as our Chief Financial Officer. Mr. Kyriazis also has served as the Chief Financial Officer and Treasurer of the MH Ventures Fund III, LLC and its business manager since their inception in September 2022, and as the Chief Financial Officer and Treasurer of MH Ventures Fund II, LLC and its business manager since their inception in September 2022. Mr. Kryriazis joined Inland in 2018 as a Senior Vice President, Director of Portfolio Finance for IREIC serving several Inland entities, including IREIT and InPoint, MH Ventures 2019.
Prior to joining Inland, Mr. Kyriazis served as Director of Financial Reporting and Accounting Policy for Citadel LLC (a global hedge fund manager) from 2007 to 2018. He served as Vice President, Finance and Chief Accounting Officer for Trizec Properties, Inc. (a public office real estate investment trust) from 2002 to 2007. He also served as Vice president, Controller for LaSalle Hotel Properties (a public hotel real estate investment trust) from 1998 to 2000. Mr. Kyriazis worked for PricewaterhouseCoopers LLP from 1990 to 1998.
Mr. Kyriazis received his MBA from the J.L. Kellogg Graduate School of Management at Northwestern University. Mr. Kyriazis received his B.A. in accounting from Northern Illinois University. Mr. Kyriazis is a certified public accountant and a member of the American Institute of Certified Public Accountants and the Illinois CPA Society.
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Kristin Orlando is Associate General Counsel and Senior Vice President of The Inland Real Estate Group, LLC, where she has served since October 2012. She brings more than 20 years of experience in corporate and securities law, with a focus on real estate investment structures and regulatory matters.
Ms. Orlando represents funds sponsored by Inland Real Estate Investment Corporation and its affiliates on a wide range of corporate, securities, and regulatory issues. She is responsible for overseeing legal matters for Inland entities engaged in real estate securities activities and plays a key role in corporate governance across the organization.
She serves as corporate secretary of IPC and IPC Alternative Real Estate Income Trust, Inc., as well as its advisor. In addition, she is corporate secretary for several other Inland entities, including the business manager to Inland Real Estate Income Trust, Inc., the advisor to InPoint Commercial Real Estate Income, Inc., and Inland Venture Partners, LLC.
Prior to joining Inland, Ms. Orlando was an attorney in the corporate and securities practice group at Shefsky & Froelich (now Taft Stettinius & Hollister LLP). She is admitted to practice law in the State of Illinois and received her Bachelor’s Degree from Northwestern University and her J.D. from Chicago‑Kent College of Law.
