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## Inland American Real Estate Trust, Inc. MAJOR MILESTONES January 2013 - March 2014 

* Based on undepreciated (total investment in properties) asset values. 

† As of December 31, 2013, the “Held for Sale” category contains the remaining properties from the net lease transaction announced in August, 2013. We expect to complete the closing of the net lease transaction in the fi rst half of 2014. 

## May 2013: 

## Announced a new credit facility in May, expanded in November ‘13 

• 3-year, $300 million unsecured revolving line of credit facility 

• 4-year, $200 million unsecured term loan 

## New $600 million joint venture with PGGM 

• One of the world’s largest and most respected pension funds 

• Inland American maintains a majority equity stake in the entity & control of venture 

## August 2013: 

## $460 million conventional apartment portfolio sale 

• Closed in August, sold above purchase price 

## $2.1 billion net lease transaction 

• Will provide approximately $900 million in capital once the closings are completed 

• Use of the net proceeds include: 

- Investing in high quality assets in our 3 targeted asset groups 

- Paying down and reducing debt 

- Share repurchase (tender o ff er) 

