Inland American Real Estate Trust, Inc. Announces the Purchase of the Loews New Orleans Hotel (pdf link).

Posted on October 14, 2013 at 2:54 am.

Written by admin

Oak Brook, Ill. – Inland American Lodging Group, Inc., a wholly owned subsidiary of Inland American Real Estate Trust, Inc., today announced that it has acquired the 23-story, 285-room Loews New Orleans for a purchase price of $74.5 million, or approximately $261,000 per key.