X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

NEW YORK CITY-American Realty Capital Properties Inc., which recently announced a switch to self-management, has brought in David S. Kay as its new president. Kay is joining CEO and executive chairman Nicholas Schorsch, COO Lisa Beeson and CFO Brian S. Block as part of ARCP’s self-managed executive team.

Previously, Kay served as CIO and CFO at Capital Automotive Real Estate Services Inc., a specialty finance company for automotive retail real estate. He had co-founded its predecessor, Capital Automotive REIT, in October 1997, and directed its IPO the following year.  Kay completed nearly $3 billion of real estate acquisitions in the following seven years, and in December 2005, he led Capital Automotive through a nearly $4-billion privatization transaction.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.