Jan 13 (Reuters) - American Realty Investors Inc ARL.N
* American Realty Capital Hospitality Trust announces $400 million convertible preferred investment commitment from brookfield
* American Realty Capital Hospitality-As part of reconfiguration of co's board of directors, William M. Kahane will resign from company's board
* American Realty Capital Hospitality - 2 new independent directors nominated by co's existing board and reasonably approved by Brookfield will be added
* American Realty Capital Hospitality- As part of transaction, company's board of directors will be increased from four to seven members
* American Realty Capital Hospitality- Two members will be appointed by Brookfield, Bruce G. Wiles will serve as chairman of board and Lowell G. Baron Source text for Eikon: ID:nPn1pg1Nka Further company coverage: ARL.N