{"id":1004699192,"date":"2024-01-23T10:22:25","date_gmt":"2024-01-23T18:22:25","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004699192"},"modified":"2024-01-24T08:54:27","modified_gmt":"2024-01-24T16:54:27","slug":"remembering-inlands-dan-goodwin-industry-leadership-public-service-philanthropy","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/remembering-inlands-dan-goodwin-industry-leadership-public-service-philanthropy\/","title":{"rendered":"Remembering Inland’s Dan Goodwin: Industry Leadership, Public Service, Philanthropy"},"content":{"rendered":"
\"\"

As chairman & CEO of the Inland Group, Dan Goodwin made notable accomplishments in a wide variety of fields. Photo credit: Business Wire<\/p><\/div>\n

In 1968, when Dan Goodwin and three fellow Chicago schoolteachers started a single-family homebuilding company as a sideline, they had no idea that they were launching an industry giant. \u201cWe weren\u2019t planning to become a diverse incubator of businesses,\u201d he recalled in a 2013 CPE<\/em> profile<\/a>.<\/p>\n

Yet during the remarkable half-century career that followed that modest beginning, Goodwin, who died Jan. 19 at 80, oversaw the growth of Inland Real Estate Group of Companies<\/strong> into one of the industry\u2019s most powerful and diversified firms. Along the way, he made major contributions to education, philanthropy and public service.<\/p>\n

Today, Inland\u2019s activities encompass much of the commercial real estate market, from investment, finance and development to advisory services. Its interests range from office, industrial, retail and medical to self storage and multifamily. Its diversified affiliates have closed deals valued at $80 billion, raised $26 billion in capital and sponsored more than 800 investment programs. One affiliate alone, Inland Real Estate Acquisitions<\/strong>, has completed upward of $55 billion in transactions.<\/p>\n

Six Inland affiliates have been listed on the New York Stock Exchange or merged with NYSE-listed companies. Those companies include Inland Real Estate Corp.<\/strong>, which Goodwin served as chairman, and Retail Properties of America<\/strong>, which he founded.<\/p>\n

Following Goodwin\u2019s passing, Robert Baum, an Inland co-founder, is serving as the firm\u2019s interim chairman. As part of the company\u2019s planned succession strategy, the firm\u2019s CFO, Anthony Chereso, has been appointed CEO.<\/p>\n

Goodwin was also the founding chair of Nareit<\/strong>\u2019s non-traded REIT council. In the 2013 profile, Nareit President & CEO Steve Wechsler described Goodwin\u2019s contributions as providing \u201cthoughtful leadership, building meaningful consensus and demonstrating the art of inclusion with his team at Inland, as well as with his peers in the industry.\u201d<\/p>\n

Dedicated to education<\/h2>\n

Ever since its founding as a homebuilder by Goodwin and his fellow principals\u2014Baum, Joseph Cosenza and Robert Parks\u2014Inland has been active in the residential sector. Its credits include thousands of units in New England, Florida, the Midwest and the Southwest. A statement released by Inland noted that Goodwin once remarked, \u201cMy aim has always been to democratize real estate and to help all people gain access to the dignity of calling a place their home.\u201d<\/p>\n

Goodwin served for a decade on the board of the Illinois Housing Development Authority Trust Fund<\/strong> and was a founding member of the Illinois State Affordable Housing Conference<\/strong>. In 1994, he founded New Directions Housing Corp.<\/a>, a nonprofit affordable housing developer.<\/p>\n

Although Goodwin left teaching for good in 1973, he maintained a lifelong interest in education. He was chairman of Northeastern Illinois University for 10 years and served as a member of the board of governors. He was vice chairman of Benedictine University\u2019s board of trustees, and the institution\u2019s college of business is named after him, as is Northeastern Illinois University\u2019s school of education. Among other contributions, Goodwin endowed a college scholarship program for disadvantaged inner-city students and started a program to help disabled students from school to the workplace.<\/p>\n

Goodwin\u2019s accomplishments in public service included leadership of the DuPage Airport Authority. At the time of his appointment in 2003, the agency was $26 million in debt and ran persistent operating losses. Under Goodwin\u2019s leadership, the authority turned a profit, retired its debts and reduced its property tax levy from $18 million to $6 million.<\/p>\n

Summing up his views, Goodwin once observed, \u201cIn business, you are always pursuing growth and higher profits. That is how success is measured,\u201d according to the company statement. \u201cBut there is also a responsibility to do good when one has done well. For me, that is a more rewarding definition of success.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Goodwin, who died on Jan. 19 at 80, oversaw the firm’s growth into a diversified powerhouse.<\/p>\n","protected":false},"author":445,"featured_media":1004699195,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[23891,21742],"tags":[35312],"class_list":["post-1004699192","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","category-latest","tag-inland-real-estate-group"],"acf":[],"yoast_head":"\nRemembering Inland's Dan Goodwin: Industry Leadership, Public Service, Philanthropy - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/remembering-inlands-dan-goodwin-industry-leadership-public-service-philanthropy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Remembering Inland's Dan Goodwin: Industry Leadership, Public Service, Philanthropy\" \/>\n<meta property=\"og:description\" content=\"Goodwin, who died on Jan. 19 at 80, oversaw the firm's growth into a diversified powerhouse.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/remembering-inlands-dan-goodwin-industry-leadership-public-service-philanthropy\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2024-01-23T18:22:25+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-01-24T16:54:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/01\/Daniel_L._Goodwin_Head_Shot_840X1050-e1706033362312.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"799\" \/>\n\t<meta property=\"og:image:height\" content=\"598\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Paul Rosta\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/remembering-inlands-dan-goodwin-industry-leadership-public-service-philanthropy\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/remembering-inlands-dan-goodwin-industry-leadership-public-service-philanthropy\/\",\"name\":\"Remembering Inland's Dan Goodwin: Industry Leadership, Public Service, Philanthropy - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/remembering-inlands-dan-goodwin-industry-leadership-public-service-philanthropy\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/remembering-inlands-dan-goodwin-industry-leadership-public-service-philanthropy\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/01\/Daniel_L._Goodwin_Head_Shot_840X1050-e1706033362312.jpg\",\"datePublished\":\"2024-01-23T18:22:25+00:00\",\"dateModified\":\"2024-01-24T16:54:27+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/ed97e8245f278ce01a7b951f706152af\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/remembering-inlands-dan-goodwin-industry-leadership-public-service-philanthropy\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/remembering-inlands-dan-goodwin-industry-leadership-public-service-philanthropy\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/remembering-inlands-dan-goodwin-industry-leadership-public-service-philanthropy\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/01\/Daniel_L._Goodwin_Head_Shot_840X1050-e1706033362312.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/01\/Daniel_L._Goodwin_Head_Shot_840X1050-e1706033362312.jpg\",\"width\":799,\"height\":598,\"caption\":\"As chairman & CEO of the Inland Group, Dan Goodwin made notable accomplishments in a wide variety of fields. 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