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The Company’s original roots date back to 1973 as a small opportunistic development company run by Leonard O’Byrne to develop hospitality, single family and multi family projects. Timothy O’Byrne joined the company in 1993, when he left his real estate focused law career with Stoel Rives, a large private law firm located in Portland, Oregon, and took on the Inland Pacific Companies branding. Since 1993, IPC has continued to develop hospitality, multi-tenant office, mixed-use retail and single-family / multi-family residential. IPC has widespread knowledge in “turn-key” projects, encompassing all facets of development from land acquisition and entitlement to construction and asset management.
You can see what actual accredited investors say about their crowdfunding investments with Inland Pacific in the reviews and ratings below. Are they legit? Are they a scam. Its pretty clear based on the reviews.
Aug 12, 2022
I invested with IPC in 2017 in the reflagging of a Holiday Inn to Raddisson in Ames, IA. The proforma projected cash-on-cash of 13.9% year 1, 15.3% year 2, and 17.3% year 3. In actuality, cash-on-cash was 4.2% year 1, 2.5% year 2 and 1.8% year 3. Proforma projections were wildly inaccurate. And this was all *before* COVID hit. No good reasons were given for such a radical departure from proforma. Distributions ceased in 2020 and a capital call was made in July 2020. No capital was raised as sponsor failed to execute on the project even prior to COVID disruptions. Last update from the sponsor was Q2 2021, after which the sponsor stopped sending quarterly updates. After multiple requests that went ignored, I finally got a response from Colin in August 2022 saying that "the property was taken back by the lender through a Sherriff’s sale," which was news to me. I would steer clear of this sponsor: completely failed execution despite no extraordinary externalities, poor communication, and >91% loss of capital.
Jan 29, 2017
Invested with this sponsor thru RealCrowd in a hotel property. It was a very fair waterfall for the investors. Till now CoC distribution is great, above projections... glad I invested. The next deal (hotel) they offered also looked good but my request for a lower minimum was not accepted. Wish they were more flexible for an existing investor.
Jan 28, 2017
I am in 2 deals with Inland Pacific. On my first investment the projected cash flow in year one was the highest I have ever seen. They are paying more than projected so far. Reporting is timely and will be interested to see how they do during a down cycle. Its too early to make a definate call, but so far so good.
Jan 27, 2017
They seem do well with their propeties, good past record, niche market of smaller City properties with good turn around possibilities.
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The Company’s original roots date back to 1973 as a small opportunistic development company run by Leonard O’Byrne to develop hospitality, single family and multi family projects. Timothy O’Byrne joined the company in 1993, when he left his real estate focused law career with Stoel Rives, a large private law firm located in Portland, Oregon, and took on the Inland Pacific Companies branding. Since 1993, IPC has continued to develop hospitality, multi-tenant office, mixed-use retail and single-family / multi-family residential. IPC has widespread knowledge in “turn-key” projects, encompassing all facets of development from land acquisition and entitlement to construction and asset management.
You can see what actual accredited investors say about their crowdfunding investments with Inland Pacific in the reviews and ratings below. Are they legit? Are they a scam. Its pretty clear based on the reviews.
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