Jul 7, 2010
In this episode of REIT Talk Nicholas S. Schorsch discusses similarities and differences between the public and private side of the REIT industry.
- Is it as black and white as public vs. private or is it shades of grey?
- Factors under consideration when drawing up real estate mandates
- Who can best take advantage of current opportunities?
- Dividend differences and coverage issues.
- New REIT structures and sponsors
- Ditching the internalization fee: What other fees could be on the chopping block?
- Real estate expertise transitioning from public to private--is it easy?
May 10, 2010
Most Commercial Properties Are Slumping, But 'Triple Net Lease' Deals Are Hot
Feb 22, 2010
The opportunities in commercial real estate run the gamut of risk, from buying undeveloped land to buying stock in real estate investment trusts, or REITS, which invest in property and mortgages
Jan 14, 2010
Phillips Edison, a Cincinnati investment manager, is looking to tap retail investors through a non-traded REIT that aims to raise nearly $1.8 billion of equity. The company has selected American Realty Capital Advisors to manage the entity, Philips Edison-ARC Shopping Center REIT Inc.
Nov 16, 2009
American Realty Capital Advisors has filed to raise up to $1.5 billion of equity for a REIT that will pursue all commercial property types in New York City.
Oct 7, 2009
Weighing the benefits of investing in non-traded REITs. American Realty Capital CEO, Nicholas S. Schorsch, was interviewed for the September 2009 issue of Real Estate Forum.
Oct 6, 2009
American Realty Capital Trust's Board of Directors approved a special distribution of $0.05 per share payable to shareholders of record as of December 31, 2009.
Sep 23, 2009
Two mortgage real estate investment trusts completed their initial public offerings at half the size they had originally targeted due to limited demand, casting a shadow over similar upcoming IPOs.
Sep 22, 2009
On September 18, 2009, American Realty Capital Trust, Inc. acquired a portfolio of ten newly-constructed retail stores (the "Stores") directly from CVS Caremark Corporation ("CVS"). The Stores contain an aggregate of 131,105 square feet, located in 9 states - Illinois, South Carolina, Texas, Georgia, Michigan, New York, Arizona, North Carolina and California. The aggregate purchase price is approximately $40.8 million, inclusive of all closing costs and fees.
Aug 28, 2009
Realty Capital Securities, LLC (an affiliate of American Realty Capital) becomes the exclusive dealer manager for Healthcare Trust of America, Inc. (formerly known as Grubb & Ellis Healthcare REIT, Inc.)
Aug 27, 2009
Realty Capital Securites, LLC, affiliated broker-dealer of American Realty Capital, has added a new client to its open broker-dealer system, United Development Funding IV.
Jul 27, 2009
American Realty Capital Trust, Inc. ("ARCT" or the "REIT") acquired a fee ownership interest in a Walgreens retail location on July 17, 2009, 100% leased under a triple-net lease structure to Walgreen Co. (NYSE: WAG). WAG is rated A+ by Standard & Poor's.
Jul 16, 2009
Appointments Expand Reach of Industry's First Open Architecture Platform. American Realty Capital today announced the appointment of two new sales managers, Jeff Kinney and Steve Williams, to Realty Capital Securities, LLC, the company's broker dealer unit and an affiliate of American Realty Capital Trust, Inc.
Jul 2, 2009
Nicholas S. Schorsch, Chairman and CEO of American Realty Capital, hopes his new open broker-dealer system will encourage more sponsors to launch non-traded REITs.
Jun 25, 2009
William M. Kahane, President and Chief Operating Officer of American Realty Capital, discusses raising capital in the non-traded REIT space.
Jun 2, 2009
American Realty Capital Trust, Inc. ("ARCT" or the "REIT") anticipates acquiring by June 15, 2009, a newly constructed freight facility entirely net leased to FedEx Freight and guaranteed by FedEx Corporation (the "FedEx Facility"). FedEx Corporation is rated BBB by Standard & Poor's.
Mar 6, 2009
American Realty Capital today announced the appointment of Steve Rokoszewski as Vice President - National Sales Desk for Realty Capital Securities, LLC, the broker dealer affiliate of American Realty Capital Trust, Inc.
Nov 5, 2008
American Realty Capital Trust, Inc. ("ARCT" or the "REIT") announced today that its Board of Directors has approved an increase in its annual cash distribution from $.65 to $.67, paid monthly.
Nov 3, 2008
American Realty Capital announced today that Kamal Jafarnia has been named Executive Vice President and Chief Compliance Officer of Realty Capital Securities, LLC, the dealer manager for its affiliated real estate investment offerings, and Senior Vice President of American Realty Capital Advisors, LLC.
Sep 29, 2008
American Realty Capital announced today that it has completed the transition of recordkeeping for its real estate investment trust (REIT) products to DST Systems, Inc., the largest, third-party mutual fund shareholder recordkeeping service in the United States.
Aug 24, 2008
The Firm closed on 39 of more than 100 bank branches it plans to purchase this year through a previously announced agreement with Wachovia Corp. to acquire its surplus bank branches. The 39 vacant Wachovia branches held an aggregate purchase price of over $53 million.
Apr 10, 2008
American Realty Capital has named Louisa Quarto as Senior Vice President where she will be responsible for building the independent broker-dealer selling group and overseeing compliance activities for Realty Capital Securities, LLC.
Apr 10, 2008
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.
Sep 14, 2007
Nicholas Schorsch, the founder of American Financial Realty Trust, hopes to repeat his previous success with his newly established company, and is planning for an initial public offering with the potential to raise $1.5 billion.
Sep 11, 2007
American Realty Capital Trust Inc., a newly formed company that will operate as a non-traded REIT, plans to kick off acquisition activities as a public company with a big purse of as much as $1.5 billion by selling as many as 150 million shares of common stock.