Inland American Has Only $220M In Cash Left

According to the Sacramento Bee, Inland American Real Estate Trust Inc. has only $220 million in cash reserves left.

Sacramento Railyards

That’s down from $1.4 billion only two years ago. Inland American recently took over the long-running Sacramento Railyards development project from Thomas Enterprises. Hopefully the money will be enough to finish the project. Doubtful, though.

[photo via Sac City Living]

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