Former American Realty Capital CFO arrested over accounting scandal
From the New York website: Federal authorities have arrested the former chief financial officer of American Realty Capital Properties,...
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Schorsch’s AR Global planning $10.5B REIT consolidation
From the New York website: AR Global, the scandal-hit real estate investment firm led by Nicholas Schorsch, is reportedly...
Glenn Rufrano hopes asset sales can reinvent former American Realty Capital Properties
From the New York website: It’s been a tough go for Glenn Rufrano, who is working to convince investors that...
Apollo buys majority stake in American Realty Capital for $378M
From the New York website: UPDATED, 5:35 p.m., August 6: Apollo Global Management is acquiring a majority stake in...
Rufrano wants to sell $2.2B in American Realty Capital assets, reduce debt
From the New York website: The struggling real estate investment trust formerly known as American Realty Capital Properties wants...
REITs reforming exec compensation practices in wake of shareholder criticism
From the New York website: Real estate investment trusts around the country are reforming their executive compensation formulas after...
Investors sue American Realty for alleged “hidden scheme”
From the New York website: Investors in American Realty Capital Properties are accusing ex-chair Nicholas Schorsch of perpetrating a scheme that...
Glenn Rufrano named new CEO of American Realty Capital
From the New York site: Former Cushman & Wakefield executive Glenn Rufrano has been named the new chief executive...
Cache closes flagship N.Y. Garment District office amid bankruptcy
From the New York website: Women’s clothing chain and Miami-founded Cache has shuttered its 43,100-square-foot office headquarters in New...
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