ARC Properties, ARCT III Will Join in $3B Merger
NEW YORK CITY-The acquisition of American Realty Capital Trust III will “change dramatically our size, our scale and, most importantly, our growth potential,” ARCP CEO Schorsch said in a conference call Monday.
NEW YORK CITY—Formerly an SVP at the firm, the appointee boasts nearly 30 years of experience in the shopping center industry.
STAMFORD, CT—The founder of Land and Buildings, which owns 6.1% of the hotel REIT’s stock, voiced his concerns in a letter made public on Monday.
NEW YORK CITY—Arie Barendrecht, founder of the company behind a certification system for commercial buildings’ Internet connectivity, cites committee members’ “broad base of industry knowledge.”
Despite the reports in the press about dysfunction at the White House, and other reports that various major legislation is hung up in Congress, don’t…