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News
American Realty Capital Continues Growth with Addition of Louisa Quarto to American Realty Capital Advisors, LLC.
April 10, 2008
Boston, MA
American Realty Capital has named Louisa Quarto as Senior Vice President of American Realty Capital Advisors, LLC, the external manager of American Realty Capital Trust, Inc., a Real Estate Investment Trust. The REIT acquires and operates a portfolio of commercial real estate primarily consisting of single-tenant properties net leased to high credit quality tenants throughout the United States. Ms. Quarto will be responsible for building the independent broker-dealer selling group and overseeing compliance activities for Realty Capital Securities, LLC.
With more than 15 years experience in the financial services industry, Ms. Quarto was with W. P. Carey & Co. LLC for over 12 years, most recently as Executive Director and Chief Management Officer of Carey Financial, LLC, the broker-dealer subsidiary of W. P. Carey, where she managed relationships with the broker-dealers that were part of the CPA ® REIT selling groups.
Ms. Quarto earned a Bachelor of Arts from Bucknell University and an MBA in Finance and Marketing from The Stern School of Business at New York University. She holds FINRA Series 7, 63 and 24 licenses and is a member of the Investment Program Association’s Board of Trustees as well as its Treasurer and Chair of its Finance Committee.
“We are excited to bring Louisa onboard to continue building a senior management team with extensive finance and real estate investment experience,” said Nicholas S. Schorsch, CEO of American Realty Capital and former CEO of American Financial Realty Trust (NYSE:AFR). “Her specific experience building relationships with REIT broker-dealers will increase industry awareness of American Realty Capital Trust, thereby strengthening its core business and its benefit to investors.”
American Realty Capital was formed by Nicholas S. Schorsch and William M. Kahane. As CEO and board member, the two were behind the growth of American Financial Realty Trust, where they acquired over 1,500 properties valued at more than $5 billion. In the last five years, ARC’s executive team has collectively negotiated and closed on over $7 billion of bank branch and net lease real estate.
For more information, visit www.americanrealtycap.com.
This press release may contain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results and trends could differ materially from those set forth in such statements due to various factors.
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