In this episode of Real Estate for Breakfast, host Phil Coover is joined by Dan Wagner, senior vice president of government relations at The Inland Real Estate Group of Companies, Inc. (Inland). During the episode, Phil and Dan discuss the history of Inland, the numerous benefits of 1031 like kind exchange, and Delaware Statutory Trusts.

The Inland Real Estate Group of Companies, one of the nation’s largest commercial real estate and finance groups, was founded over 50 years ago by four Chicago public school teachers. Dan gives Phil an overview of the firm’s modest beginnings, from its initial founding to its transformation into one of the largest residential real estate company in Chicago, and then pivots to big box retail, among other investments. Dan explains that due to tax law changes in the 1980s, Inland’s four founders saved their investors from potential ruin by calling upon the Treasury to create Delaware Statutory Trust. Phil and Dan further discuss the intricacies and myriad benefits of the 1031 like kind exchange, the “401K of real estate,” and how these transactions can be used to make a positive impact on the economy.

As Vice President of Government Relations at Inland, Dan keeps the company’s leadership up to date on regulatory and legislative issues. He regularly interfaces with government leaders and associations on behalf of the company to ensure that important policies are implemented and upheld. Dan also serves on the Board of Trustees for the Conservation Foundation, a not-for-profit organization dedicated to preserving and restoring the natural environment in northeastern Illinois.

The Inland Real Estate of Companies manages millions of square feet of commercial property in 49 states. As a business incubator, Inland supports its member companies that provide commercial real estate-related services and alternative investment funds, including limited partnerships, institutional funds and non-listed and listed REITs, and investment advice.

Daniel Wagner is senior vice president of government relations for The Inland Real Estate Group of Companies, Inc. He has been a licensed real estate broker since 2004 and holds Series 7 and 63 security licenses.

Wagner serves on numerous real estate industry, and governmental boards and committees. He served as Treasurer and President Elect of the ILLINOIS REALTORS®, President of the CHICAGO ASSOCIATION OF REALTORS® in 2016 and was the 2016 Commercial Liaison for the NATIONAL ASSOCIATION OF REALTORS®. Wagner was named 2017 REALTOR® of the Year by the CHICAGO ASSOCIATION OF REALTORS® and received the 2017 Commercial Award from the NATIONAL ASSOCIATION OF REALTORS®. In 2019 he was inducted into the Hall of Fame for the Illinois REALTORS® and the National Association of REALTORS®. Wagner is also a commissioner on the DuPage Airport Authority and serves as the Chairman of the Authority’s Capital Development Committee. Wagner is the Chairman of the Greater Oak Brook Chamber of Commerce. Wagner was installed as the Secretary of the Illinois Chamber of Commerce in 2020. Additionally, he serves as a Trustee for The Conservation Foundation and the DuPage Historical Museum Foundation.

As a member of the International Council of Shopping Centers, Wagner has been a significant advocate for the Marketplace Fairness Act which the Supreme Court ruled into law in 2018. Wagner is also a board member of the Institute for Portfolio Alternatives’- (IPA) and was selected in 2020 to serve on the Executive Committee. In 2018 he received the IPA Outstanding Service Award for his role as Co-Chair of the Policy and Government Affairs Committee. He was a part of the Real Estate Roundtable’s 1031 Like-Kind Exchange Coalition, whose ultimate outcome was the preservation of the 1031 Like-Kind Exchange in the 2018 Federal Tax Law. He is a board member for the Civic Federation of Chicago and is active in the United States Chamber of Commerce, Illinois Manufacturers Association, and Illinois Retail Merchants Association.

In 2014, he received the Advocacy Award from the Illinois Park and Recreation Association for his work on behalf of special needs children in his community. Wagner is a longtime volunteer for the Hinsdale Wellness House which helps people with cancer. In 2015, the Illinois State University Political Science Department honored him with their alumni award. In 2018, he received the Illinois State University’s College of Arts and Sciences Hall of Fame Award and the Illinois State University Division of Student Affairs Steve and Sandi Adams Legacy Hall of Fame Award. In February of 2020, Illinois State University honored him with the Alumni Achievement Award. In addition, Wagner was nominated and selected to be in the 2019 Class for the Governor Jim Edgar Fellowship Program

For more information, please visit: https://inlandgroup.com/