REITs have always been a popular play in the industry and as therising and falling tides of the recession reveal the worst from thebest investments across industry divides, a varied search for yieldhas begun. American Realty Capital is betting on variety not onlybeing the spice of life, but the remedy to what ails investors.Currently, they have raised money for five different REITs in thenon-traded space and recently passed the $1 billion mark for equityraised. American Realty's Nick Schorsch sits down with GlobeSt.comto share his view of the future.

GlobeSt.com: Give us a little background on how thecompany is working.

Nick Schorsch: We represent over 100,000advisors and reps that are in the marketplace, which is a verybroad distribution for retail. And we are seeing many of thesebroker-dealers responding very well to the fact that we're offeringmultiple product. It's very similar to what happened in the '80sand '90s with insurance; where agents began to sell policies frommultiple parties.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.