Daniel L. Goodwin

Daniel L. Goodwin is Chairman and CEO of The Inland Real Estate Group of Companies, Inc., headquartered on a 28-acre campus in Oak Brook, Illinois. The Inland Real Estate Group of Companies specializes in creating, developing and supporting separate real estate investment and financial companies. Inland has owned and managed hundreds of millions of square feet of commercial property in all real estate sectors, including Retail, Office, Industrial and Apartments, in 49 states. With 50 years of experience in real estate investing, commercial real estate brokerage, real estate securities, land development, construction and mortgage banking and commercial lending, Inland is one of the nation’s largest commercial real estate and finance groups.

Mr. Goodwin is the former Chairman of the Board of Inland Real Estate Corporation (IRC), a public company that was listed on the NYSE. In addition, he is the founder of the Retail Properties of America REIT, which is also listed on the NYSE as RPAI. Two other Inland sponsored corporations have merged with publicly traded companies. He is also Chairman of the National Association of Real Estate Trusts (NAREIT) Non-traded REIT Council. In addition, Mr. Goodwin is Chairman of the Board of Inland Bancorp, a multi-bank holding company, and is past Vice Chairman of the Chicago Better Government Association.

Mr. Goodwin has been in the real estate industry for 50 years, and has demonstrated a lifelong interest in housing-related issues. He is a member of the National Association of REALTORS® President’s Circle, the National Association of REALTORS® Hall of Fame, the Illinois Association of REALTORS® Hall of Fame and The Chicago Association of REALTORS® Hall of Fame. He has developed thousands of housing units in the Midwest, New England, Florida and the Southwest. He is also the author of two nationally recognized real estate reference books for the management of multi-family residential properties. Mr. Goodwin served for 10 years on the Board of the Illinois Housing Development Authority (IHDA) Trust Fund. He was an advisor for the Office of Housing Coordination Services of the State of Illinois and was a founding member of the Illinois State Affordable Housing Conference. He also completed the definitive DuPage County Affordable Housing Study as Chairman of the DuPage County Affordable Housing Task Force. In 1994, Mr. Goodwin founded New Directions Housing Corporation, a not-for-profit developer of affordable housing for low income residents throughout Illinois.

A product of Chicago-area elementary and high schools, Mr. Goodwin obtained his Bachelor’s Degree and his Master’s Degree from Illinois state universities. Following graduation, he taught for five years in the Chicago Public Schools. He has served as a member of the Board of Governors of Illinois State Colleges and Universities, and served for 10 years as the Chairman of Northeastern Illinois University. He has been Vice Chairman of the Board of Trustees of Benedictine University for 20 years. Mr. Goodwin continued his commitment to education through his work with the BBF Family Services’ Pilot Elementary School in Chicago, and the funding and development of the Inland Vocational Training Center for the Handicapped at Little City in Palatine, Illinois. He established an endowment for the funding of a perpetual college scholarship program for inner-city disadvantaged youth and also instituted a program to transition disabled students from school to the workplace.

Mr. Goodwin’s passionate focus on ethics in business led to The Inland Real Estate Group of Companies winning the coveted Better Business Bureau Annual Ethics Award three times in the last eight years out of 1,700 nominees. Mr. Goodwin was elected Chairman of the DuPage Airport Authority, a publicly owned agency in January 2003. Prior to his appointment, the Airport suffered annual operating losses and was $26 million in debt. Since his appointment, operating losses were turned into operating profits, all airport debt was repaid, and for the first time, the government-owned airport is debt free. The Airport property tax levy was reduced from $18 million to $6 million, and the Airport has recently been rebating $1 million back to the taxpayers. The Gruen, Gruen & Associates Economic Impact Study showed that the DuPage Airport now generates over $106 million in income annually for the surrounding area.