The Real Deal New York

The rise and fall of Nicholas Schorsch

How the now-ousted REIT chief went from one of real estate’s most aggressive players to unemployed
By Janna Herron | February 24, 2015 11:00AM

From the February issue: A year ago, Nicholas Schorsch was guiding American Realty Properties — part of a complex empire of publicly traded and private REITs — through a spending spree. The REIT was flying high, snapping up companies and property portfolios left and right. [more]