American Realty Capital Properties (ARCP) plans to become one of the largest REITs in the net lease sector. “Some would say we have already done it,” ARCP’s Chairman and CEO, Nicholas S. Schorsch says.
Low interest rates and the strengthening real estate recovery gave ARCP the opportunity to buy two giant portfolios this month—positioning the REIT to keep growing with a strong balance sheet and a diversified portfolio of properties, says
Register to view the full article
This article is part of our premium content subscription. You need to subscribe to gain access to premium content.
Why Register for NREIonline? It's simple and free, and here is what you get:
• Access to leading real estate industry research.
• Interactive rankings of commercial real estate professionals.
• Submit your own articles, (if approved) which will appear around the site.
Already a member? Log in.