The Inland Group named JoAnn M. Armenta as a director of the company and a board member. Armenta was also recently appointed as director, president and chief operating officer of Inland Real Estate Income Trust, the latest REIT supported by Inland Real Estate Investment Corp. She is based in Oak Brook, IL.
“JoAnn has made significant contributions to Inland’s successful track record,” said Daniel L. Goodwin, chairman and chief executive officer of Inland. “During her 15 years with Inland she has held leadership positions for six different REITs and managed more than 35 million square feet of
commercial real estate. She helped facilitate the $6.2 billion sale of Inland Retail Real Estate Trust Inc. (“IRRETI”), and assisted with $18 billion in acquisitions and due diligence. On behalf of the entire board, I am pleased to recognize her excellent achievements with this expanded role.”
Armenta’s tenure at Inland has included multiple divisions and leadership positions in the multifamily, retail, office and industrial property groups. She is currently president and CEO of the entities owning the real estate managers for Inland Diversified Real Estate Trust.
Editor's note: The article was updated to reflect the executive's last name as Armenta and not Arments as previously reported.