Concerns About American Realty are Valid: Analyst “Concerns expressed by shareholders about American Realty Capital Properties’ recent actions are valid, Jonathan Pong, a senior research associate at RW Baird, told Commercial Observer. Marcato Capital Management, a San Francisco-based investment manager and a major shareholder of American Realty, sent a letter to the real estate investment trust on Tuesday criticizing the company for both its recent $1.2 billion ...

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