Inland ALT REIT Appoints Feldman and Chereso to Board of Directors; Kiferbaum Departs
IPC Alternative Real Estate Income Trust Inc., a publicly registered perpetual-life NAV REIT focused on alternative property sectors, has announced the appointment of two directors to its board: Alan Feldman, a senior fellow at the Zell-Lurie Real Estate Center at The Wharton School, and Tony Chereso, CEO and president of The Inland Real Estate Companies LLC.
Feldman will serve as an independent director and member of all board committees, including as chair of the affiliate transaction committee.
“We are pleased to welcome Alan and Tony to the board of directors,” said Ella Neyland, chair of the Inland ALT REIT board. “Alan’s extensive commercial real estate investing experience, significant industry knowledge, and longstanding track record will complement the board’s existing skill set. We are also happy to reappoint Tony to the board. His role as CEO and president of Inland, coupled with his financial acumen and 30 years of commercial real estate experience, will be a tremendous asset to the company.”
Feldman brings decades of leadership in the REIT industry. In addition to his role at Wharton, he serves as an independent director of EQT Exeter Real Estate Income Trust and previously held executive roles at Resource REIT, including CEO and board chair. Resource REIT was acquired by Blackstone Real Estate Income Trust in 2022.
Chereso, who previously served on Inland ALT REIT’s board from January 2024 to October 2025, rejoined the board with the addition of Feldman as a new independent director.
Feldman qualifies as an independent director under the company’s charter and will participate in the compensation program for independent board members. That includes an annual retainer of $100,000 to $75,000 in cash and $25,000 in restricted stock – along with additional stipends for committee chairs. Feldman and Chereso also entered into indemnification agreements with the company as of their appointment date.
The company also disclosed that, effective January 6, 2026, Nati Kiferbaum no longer serves as an officer of Inland ALT REIT. Kiferbaum, who most recently served as chief strategy officer of Inland Real Estate Investment Corporation, disclosed via a social media post earlier this week that he had departed Inland after more than 14 years. His departure comes on the heels of the October 2025 resignation of Keith Lampi, who had spent the entirety of his 25-year career with Inland.
As of September 30, 2025, Inland ALT REIT’s operating partnership owned 30 medical office buildings totaling 746,601 square feet, four self-storage facilities totaling 250,755 square feet, and one student housing property with 406 beds. Its portfolio spans 12 states.
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