Phoenix NewsLocal news for Phoenix, IL continually updated from thousands of sources on the web.BRIEF: Inland American Real Estate Trust to pay $920 million for RLJ Development affiliate- September 21, 2007 "We're pleased to have signed a contract with Inland, which is still conducting due diligence and we expect the transaction to move forward in due course" Cash-rich Inland American Real Estate Trust Inc. of Oak Brook has agreed to pay approximately $920 million for an affiliate of the largest African-American owned hotel investment company in the nation, RLJ ... via Hotelshttp://www.topix.net/city/phoenix-il/2007/09/brief-inland-american-real-estate-trust-to-pa... |