Schorsch: ARCP Aims to ‘Streamline and Focus' Strategy

NEW YORK CITY-“It’s about streamlining and focusing our strategy to make it better,” Nicholas Schorsch tells GlobeSt.com about recent actions taken at American Realty Capital Properties. Even as the net lease REIT continues its dizzying pace of acquisitions—including mergers with American Realty Capital Trust IV and CapLease—ARCP aims at creating a structure that makes it “not as only as competitive, but more competitive than our peer set,” says its chairman and CEO.

Most recently, as GlobeSt.com reported earlier this week, ARCP announced it would go to internal management once the ARCT IV and CapLease integration is finalized. The company cited the advantages that a self-administration format offers for publicly traded entities of its scale.