Inland American changed its name to InvenTrust Properties Corp on April 16, 2015. I would have posted earlier but I am still laughing at this nonsense name. Inland needs to invent some equity for Inland American investors rather than waste time and money thinking of a made-up name. The new logo is cool, although I am not sure what it signifies.
InvenTrust's spin-off of Xenia Hotels and Resorts (XHR) has held up well in the market since its listing in February. It has traded over $22 per share since mid-March. Inland has had more good news, as its latest non-traded REIT, Inland Real Estate Income Trust, raised over $88 million in March, placing it third out of all non-traded REITs in sales. Not too shabby.