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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
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]