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News
American Realty Capital Enhances Executive Team with Appointment of New Executive Managing Director
April 10, 2008
Boston, MA
American Realty Capital announced the appointment of Nicholas Corvinus as Executive Managing Director of Realty Capital Securities, LLC, the broker-dealer affiliate 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. Mr. Corvinus will be responsible for developing and implementing sales strategies, raising funds and building relationships with broker-dealers.
Mr. Corvinus brings more than 30 years of financial industry experience in sales, business development and commercial real estate to Realty Capital Securities. Most recently, he served as Senior Vice President, New England Region at Behringer Harvard where he was a Wholesaler. Additionally, Nick has over 15 years experience at Putnam Retail Management where he last served as Managing Director and was responsible for developing new business, building key relationships with wirehouses and broker-dealers and increasing sales and product recognition.
"We are delighted to welcome Nick Corvinus to Realty Capital Securities," said Nicholas S. Schorsch, CEO of American Realty Capital. "He has a proven track record of raising funds and developing businesses and relationships. With his appointment, we will continue to position ourselves as the nation’s preferred acquirer of net-leased properties."
Mr. Corvinus earned a Bachelor of Arts from Syracuse University. He currently resides in Newburyport, MA.
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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