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<TITLE>X-Change Corporation Announces Appointment of Walter Raquet to Board of Directors</TITLE>
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<META NAME="date" CONTENT="01/30/2007">
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<P style="line-height:17.333px; margin:0px; font-size:14.667px" align=center><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION<BR>
Washington, D.C. &nbsp;20549<BR>
<BR>
FORM 8-K<BR>
<BR>
</B>CURRENT REPORT<BR>
<BR>
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934<BR>
<BR>
<BR>
Date of Report: January 30, 2007<BR>
(Date of earliest event reported)<BR>
<BR>
<BR>
<B>Inland American Real Estate Trust, Inc.<BR>
</B>(Exact name of registrant as specified in its charter)<BR>
<BR>
</P>
<TABLE style="font-size:13.333px" cellspacing=0><TR><TD width=218.133></TD><TD width=218.133></TD><TD width=218.133></TD></TR>
<TR><TD valign=top width=218.133><P style="line-height:17.333px; margin:0px; font-size:14.667px" align=center>Maryland</P>
</TD><TD valign=top width=218.133><P style="line-height:17.333px; margin:0px; font-size:14.667px" align=center>000-51609</P>
</TD><TD valign=top width=218.133><P style="line-height:17.333px; margin:0px; font-size:14.667px" align=center>34-2019608</P>
</TD></TR>
<TR><TD valign=top width=218.133><P style="line-height:17.333px; margin:0px; font-size:14.667px" align=center>(State or other jurisdiction of incorporation)</P>
</TD><TD valign=top width=218.133><P style="line-height:17.333px; margin:0px; font-size:14.667px" align=center>(Commission File No.)</P>
</TD><TD valign=top width=218.133><P style="line-height:17.333px; margin:0px; font-size:14.667px" align=center>(IRS Employer Identification No.)</P>
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<P style="line-height:17.333px; margin:0px; font-size:14.667px" align=center><BR>
2901 Butterfield Road<BR>
Oak Brook, Illinois 60523<BR>
(Address of Principal Executive Offices)<BR>
<BR>
<BR>
(630) 218-8000<BR>
(Registrant&#146;s telephone number including area code)<BR>
<BR>
<BR>
Not Applicable<BR>
(Former name or former address, if changed since last report)</P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px">Check the appropriate box below if the Form 8-K filing in intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px">[&nbsp;]&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px">[&nbsp;]&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px">[&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px">[&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR></P>
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<P style="line-height:18.667px; margin-top:6.667px; margin-bottom:6.667px; font-size:16px; page-break-before:always"><B>Item 8.01. &nbsp;Other Events.</B></P>
<P style="line-height:18.667px; margin-top:6.667px; margin-bottom:6.667px; text-indent:48px; font-size:16px" align=justify>On January 30, 2006, Inland American Real Estate Trust, Inc. (the &#147;Company&#148;) issued a press release announcing that it has fulfilled its obligation to contribute approximately $1.17 billion to its joint venture with Minto Delaware, LLC, a subsidiary of a Canadian company specializing in residential development and property ownership. &nbsp;A copy of the press release is attached to this Current Report on Form 8-K as Exhibit 99.1 and is incorporated in its entirety in this Item 8.01 disclosure by reference.</P>
<P style="line-height:18.667px; margin-top:6.667px; margin-bottom:6.667px; font-size:16px" align=justify><B>Item 9.01. &nbsp;Financial Statements and Exhibits.</B></P>
<TABLE style="font-size:13.333px" cellspacing=0><TR><TD width=48></TD><TD width=48></TD><TD width=504></TD></TR>
<TR><TD valign=top width=48><P style="margin:0px; font-size:16px">&nbsp;</P>
</TD><TD valign=top width=48><P style="line-height:18.667px; margin:0px; font-size:16px">(a)</P>
</TD><TD valign=top width=504><P style="line-height:18.667px; margin:0px; font-size:16px">Financial Statements of Businesses Acquired: &nbsp;N/A </P>
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<TABLE style="font-size:13.333px" cellspacing=0><TR><TD width=48></TD><TD width=48></TD><TD width=504></TD></TR>
<TR><TD valign=top width=48><P style="margin:0px; font-size:16px">&nbsp;</P>
</TD><TD valign=top width=48><P style="line-height:18.667px; margin:0px; font-size:16px">(b) </P>
</TD><TD valign=top width=504><P style="line-height:18.667px; margin:0px; font-size:16px">Pro Forma Financial Information: &nbsp;N/A</P>
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<TABLE style="font-size:13.333px" cellspacing=0><TR><TD width=48></TD><TD width=48></TD><TD width=504></TD></TR>
<TR><TD valign=top width=48><P style="margin:0px; font-size:16px">&nbsp;</P>
</TD><TD valign=top width=48><P style="line-height:18.667px; margin:0px; font-size:16px">(c) </P>
</TD><TD valign=top width=504><P style="line-height:18.667px; margin:0px; font-size:16px">Exhibits:</P>
</TD></TR>
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<TABLE style="font-size:13.333px" cellspacing=0><TR><TD width=93.933></TD><TD width=144.6></TD><TD width=361.467></TD></TR>
<TR><TD valign=bottom width=93.933><P style="margin:0px; font-size:16px">&nbsp;</P>
</TD><TD valign=bottom width=144.6><P style="line-height:18.667px; margin:0px; font-size:16px" align=center><U>Exhibit No.</U></P>
</TD><TD valign=bottom width=361.467><P style="line-height:18.667px; margin:0px; font-size:16px"><U>Description</U></P>
</TD></TR>
<TR><TD valign=bottom width=93.933><P style="margin:0px; font-size:16px">&nbsp;</P>
</TD><TD valign=bottom width=144.6><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=361.467><P style="margin:0px; font-size:16px">&nbsp;</P>
</TD></TR>
<TR><TD valign=bottom width=93.933><P style="margin:0px; font-size:16px">&nbsp;</P>
</TD><TD valign=top width=144.6><P style="line-height:18.667px; margin-top:0px; margin-bottom:8px; font-size:16px" align=center>99.1</P>
</TD><TD valign=bottom width=361.467><P style="line-height:18.667px; margin-top:0px; margin-bottom:8px; font-size:16px">Press release of Inland American Real Estate Trust, Inc., dated January 30, 2007</P>
</TD></TR>
<TR><TD valign=bottom width=93.933><P style="font-size:2pt">&nbsp;</P></TD><TD valign=top width=144.6><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=361.467><P style="font-size:2pt">&nbsp;</P></TD></TR>
<TR><TD valign=bottom width=93.933><P style="font-size:2pt">&nbsp;</P></TD><TD valign=top width=144.6><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=361.467><P style="font-size:2pt">&nbsp;</P></TD></TR>
</TABLE>
<P style="line-height:18.667px; margin-top:0px; margin-bottom:16px; text-indent:48px; font-size:16px" align=justify>&nbsp;</P>
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<BR></P>
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<P style="line-height:17.333px; margin:0px; padding-left:180px; text-indent:-132px; font-size:14.667px; page-break-before:always" align=center><B>SIGNATURE</B></P>
<P style="margin-top:0px; margin-bottom:7.333px" align=center><BR></P>
<P style="line-height:17.333px; margin-top:0px; margin-bottom:7.333px; text-indent:48px; font-size:14.667px">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</P>
<P style="margin-top:0px; margin-bottom:7.333px"><BR></P>
<TABLE style="font-size:13.333px" cellspacing=0><TR><TD width=67.2></TD><TD width=396.8></TD></TR>
<TR><TD valign=top width=67.2><P style="font-size:2pt">&nbsp;</P></TD><TD valign=top width=396.8><P style="line-height:17.333px; margin:0px; font-size:14.667px">INLAND AMERICAN REAL ESTATE TRUST, INC.</P>
</TD></TR>
<TR><TD valign=top width=67.2><P style="font-size:2pt">&nbsp;</P></TD><TD valign=top width=396.8><P style="font-size:2pt">&nbsp;</P></TD></TR>
<TR><TD valign=top width=67.2><P style="line-height:17.333px; margin:0px; font-size:14.667px">By:</P>
</TD><TD style="border-bottom:1px solid #000000" valign=top width=396.8><P style="font-size:2pt">&nbsp;</P></TD></TR>
<TR><TD valign=top width=67.2><P style="line-height:17.333px; margin:0px; font-size:14.667px">Name:</P>
</TD><TD valign=top width=396.8><P style="line-height:17.333px; margin:0px; font-size:14.667px">Lori J. Foust</P>
</TD></TR>
<TR><TD valign=top width=67.2><P style="line-height:17.333px; margin:0px; font-size:14.667px">Title:</P>
</TD><TD valign=top width=396.8><P style="line-height:17.333px; margin:0px; font-size:14.667px">Treasurer and Principal Accounting Officer</P>
</TD></TR>
<TR><TD valign=top width=67.2><P style="line-height:17.333px; margin:0px; font-size:14.667px" align=justify>Date:</P>
</TD><TD valign=top width=396.8><P style="line-height:17.333px; margin:0px; font-size:14.667px" align=justify>January 30, 2007</P>
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<P style="line-height:18.667px; margin-top:0px; margin-bottom:16px; font-size:16px; page-break-before:always" align=center><B><U>EXHIBIT INDEX</U></B></P>
<P style="margin-top:0px; margin-bottom:16px" align=justify><BR></P>
<P style="line-height:18.667px; margin-top:0px; margin-bottom:-18.667px; font-size:16px" align=justify><U>Exhibit No.</U> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>
<P style="line-height:18.667px; margin-top:0px; margin-bottom:16px; text-indent:144px; font-size:16px" align=justify><U>Description</U></P>
<P style="line-height:18.667px; margin-top:0px; margin-bottom:-18.667px; padding-left:144px; text-indent:-128px; font-size:16px" align=justify>99.1</P>
<P style="line-height:18.667px; margin-top:0px; margin-bottom:16px; padding-left:144px; font-size:16px" align=justify>Press release of Inland American Real Estate Trust, Inc., dated January 30, 2007</P>
<P style="margin-top:0px; margin-bottom:16px" align=justify><BR></P>
<P style="margin-top:0px; margin-bottom:16px" align=justify><BR>
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X-Change Corporation Announces Appointment of Walter Raquet to Board of Directors
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report: January 30, 2007
(Date of earliest event reported)
Inland American Real Estate Trust, Inc.
(Exact name of registrant as specified in its charter)
Maryland
000-51609
34-2019608
(State or other jurisdiction of incorporation)
(Commission File No.)
(IRS Employer Identification No.)
2901 Butterfield Road
Oak Brook, Illinois 60523
(Address of Principal Executive Offices)
(630) 218-8000
(Registrant's telephone number including area code)
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing in intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 8.01.  Other Events.
On January 30, 2006, Inland American Real Estate Trust, Inc. (the "Company") issued a press release announcing that it has fulfilled its obligation to contribute approximately $1.17 billion to its joint venture with Minto Delaware, LLC, a subsidiary of a Canadian company specializing in residential development and property ownership.  A copy of the press release is attached to this Current Report on Form 8-K as Exhibit 99.1 and is incorporated in its entirety in this Item 8.01 disclosure by reference.
Item 9.01.  Financial Statements and Exhibits.
(a)
Financial Statements of Businesses Acquired:  N/A
(b)
Pro Forma Financial Information:  N/A
(c)
Exhibits:
Exhibit No.
Description
99.1
Press release of Inland American Real Estate Trust, Inc., dated January 30, 2007
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
INLAND AMERICAN REAL ESTATE TRUST, INC.
By:
Name:
Lori J. Foust
Title:
Treasurer and Principal Accounting Officer
Date:
January 30, 2007
EXHIBIT INDEX
Exhibit No.
Description
99.1
Press release of Inland American Real Estate Trust, Inc., dated January 30, 2007