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 Schorsch. Today, ...
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