Remembering a Pioneer in the Commercial Real Estate Industry

The commercial real estate industry mourns the loss of Daniel L. Goodwin, the co-founder and CEO of the Inland Real Estate Group. Goodwin, a Chicago native, passed away on Friday at the age of 80. His remarkable journey from being a science teacher to becoming a visionary in the real estate world has left an indelible mark on the industry.

A Visionary Leader and Philanthropist

Goodwin started his career as a science teacher on the West Side of Chicago before venturing into real estate. Alongside his colleagues Robert Baum, Joseph Cosenza, and Robert Parks, he established the Inland Real Estate Group. Under his guidance, the Illinois-based company grew into one of the nation’s largest commercial real estate, investment, and finance groups.

Throughout his career, Goodwin’s commitment to philanthropy and civic causes earned him numerous local and national awards. His belief in the importance of doing good along with pursuing growth and higher profits exemplified his philosophy on success.

A Legacy of Achievements

Inland Real Estate Group, established in 1968, flourished under Goodwin’s leadership. The company raised over $26 billion in capital and conducted more than $80 billion in commercial real estate transactions. It also founded eight Real Estate Investment Trusts (REITs) that listed on the New York Stock Exchange.

Succession Plan and New Leadership

In line with Inland’s succession plan, Chief Financial Officer Anthony Chereso has been appointed as the new CEO. With over 30 years of experience in finance, commercial real estate, capital markets, and the alternative investment industry, Chereso is well-equipped to lead the company into the future.

Farewell to a Visionary

Daniel L. Goodwin’s passing leaves a significant void in the commercial real estate and investment industry. His legacy will be remembered not only for his business acumen but also for his dedication to philanthropy, affordable housing, higher education, and good government.

As the industry mourns this loss, Goodwin’s impact will continue to inspire future generations to strive for excellence and make a positive difference in their communities.

Our thoughts and condolences go out to Daniel L. Goodwin’s family, friends, and colleagues during this difficult time.