Dec 10, 2011
New York, NY, December 10, 2011 -- American Realty Capital Healthcare Trust, Inc., (“ARC Healthcare” or the “Company”) announced today that its board of directors had approved and the Company declared an increase to the Company’s distribution rate from a 6.60% to a 6.80% annualized rate based on the common share price of $10.00. The dividend increase is expected to be covered by MFFO.
Nov 2, 2011
New York, NY, November 2, 2011 -- American Realty Capital Properties, Inc., (“ARCP” or the “Company”) (NASDAQ: ARCP) announced today it has closed its previously announced underwritten public offering of 1,500,000 shares of its common stock at a price of $10.50 per share, which excludes any exercise by the underwriters of their option to purchase 225,000 common shares to cover over-allotments. The Company received approximately $14.4 million in net proceeds from the offering after deducting the underwriting discount and other estimated offering expenses payable by the Company. The Company intends to use the net proceeds from the offering to make additional property acquisitions, pay related fees and expenses, and for general working capital purposes.
Sep 30, 2010
Healthcare Trust of America, Inc. ("HTA" or the "Company"), a self-managed, non-traded, real estate investment trust, announced today that Wells Fargo and Deutsche Bank have committed to and will serve as Joint Lead Arrangers and Joint Bookrunners for the Company's $200 million unsecured revolving credit facility.
Sep 30, 2010
The Wall Street Transcript has just published its Medical Real Estate Report offering a timely review of the sector to serious investors and industry executives. This Special feature contains expert industry commentary through in-depth interviews with public company CEOs, Equity Analysts and Money Managers
Sep 30, 2010
Real estate investment trusts (REITs) of all types -- publicly traded, publicly registered but not traded, and so-called private REITS -- have been fairly aggressive in raising and deploying capital in the current market.
But few have been as aggressive as Nicholas S. Schorsch, chairman and chief executive officer of real estate advisory firm American Realty Capital. Schorsch recently sponsored his fifth non-traded REIT, American Realty Capital - Retail Centers of America Inc., which targets power and lifestyle centers, grocery-anchored shopping centers and other necessity-based U.S. centers for acquisition.
Sep 17, 2010
Realty Capital Securities (“RCS”), member FINRA, SIPC, announced today that it has reached a key milestone in building out its open architecture wholesale broker-dealer as the premier distribution platform for public and private direct investment programs. In less than 20 months, RCS has raised $1 billion of equity for a diverse group of high quality public real estate companies
Aug 24, 2010
Healthcare Trust of America, Inc. ("HTA" or the "Company"), a self-managed, non-traded, real estate investment trust, announced results for the second quarter ended June 30, 2010. The Company increased funds from operations ("FFO") for the fourth consecutive quarter since transitioning to self management in the third quarter of 2009. The Company's FFO were $18.8 million for the quarter ended June 30, 2010, an increase of 13% from the first quarter FFO of $16.7 million and an increase of 110% over the comparable prior year quarter. In addition, the Company achieved net income of $245,000 for second quarter of 2010 compared to a net loss of $3.5 million for the second quarter of 2009.
Aug 16, 2010
Healthcare Trust of America, Inc. ("HTA"), a self-managed, non-traded, real estate investment trust, announced the completed acquisition of a medical office building in San Luis Obispo, California (the "Sierra Vista MOB") for approximately $10,950,000.
Aug 16, 2010
American Realty Capital Trust, Inc. filed a registration statement with the U.S. Securities Exchange Commission to register $325 million shares of common stock for the follow on offering to its initial public offering.
In addition, at the end of July the Company entered into a credit agreement with Capital One, N.A., providing for a secured revolving line of credit in the amount of $30 million. On August 5th, the Company entered into another credit agreement, this one with U.S. Bank, for a secured revolving line of credit of $20 million, which will automatically increase to $30 million six months after closing, giving the company access to $60 million under both facilities once they are fully collateralized.
Jul 9, 2010
Healthcare Trust of America, Inc. ("HTA"), a self-managed, non-traded, real estate investment trust, announced the execution of a purchase and sale agreement to acquire a medical office building located in for approximately $12,400,000
Jul 9, 2010
A record number of non-traded real estate investment trusts were launched in 2009, adding 12 new REITs to the universe of 36, independent research firm Blue Vault Partners announced this week.
Companies introducing the REITs are hoping to capitalize on investors’ appetite for commercial real estate stocks, the Atlanta-based firm, which focuses on the real estate investment securities market, said in a release.
Jul 9, 2010
New research indicates that a record number of nontraded real estate investment trusts (REITs) were launched in 2009, an indication that the REIT industry is attempting to capitalize on investors' appetite for commercial real estate stocks, according to Blue Vault Partners LLC, the Atlanta firm that conducted the research.
Oct 6, 2009
American Realty Capital Trust's Board of Directors approved a special distribution of $0.05 per share payable to shareholders of record as of December 31, 2009.
Sep 23, 2009
Two mortgage real estate investment trusts completed their initial public offerings at half the size they had originally targeted due to limited demand, casting a shadow over similar upcoming IPOs.
Sep 22, 2009
On September 18, 2009, American Realty Capital Trust, Inc. acquired a portfolio of ten newly-constructed retail stores (the "Stores") directly from CVS Caremark Corporation ("CVS"). The Stores contain an aggregate of 131,105 square feet, located in 9 states - Illinois, South Carolina, Texas, Georgia, Michigan, New York, Arizona, North Carolina and California. The aggregate purchase price is approximately $40.8 million, inclusive of all closing costs and fees.
Aug 28, 2009
Realty Capital Securities, LLC (an affiliate of American Realty Capital) becomes the exclusive dealer manager for Healthcare Trust of America, Inc. (formerly known as Grubb & Ellis Healthcare REIT, Inc.)
Aug 27, 2009
Realty Capital Securites, LLC, affiliated broker-dealer of American Realty Capital, has added a new client to its open broker-dealer system, United Development Funding IV.
Jul 27, 2009
American Realty Capital Trust, Inc. ("ARCT" or the "REIT") acquired a fee ownership interest in a Walgreens retail location on July 17, 2009, 100% leased under a triple-net lease structure to Walgreen Co. (NYSE: WAG). WAG is rated A+ by Standard & Poor's.
Jul 16, 2009
Appointments Expand Reach of Industry's First Open Architecture Platform. American Realty Capital today announced the appointment of two new sales managers, Jeff Kinney and Steve Williams, to Realty Capital Securities, LLC, the company's broker dealer unit and an affiliate of American Realty Capital Trust, Inc.
Jul 2, 2009
Nicholas S. Schorsch, Chairman and CEO of American Realty Capital, hopes his new open broker-dealer system will encourage more sponsors to launch non-traded REITs.
Jun 25, 2009
William M. Kahane, President and Chief Operating Officer of American Realty Capital, discusses raising capital in the non-traded REIT space.
Jun 2, 2009
American Realty Capital Trust, Inc. ("ARCT" or the "REIT") anticipates acquiring by June 15, 2009, a newly constructed freight facility entirely net leased to FedEx Freight and guaranteed by FedEx Corporation (the "FedEx Facility"). FedEx Corporation is rated BBB by Standard & Poor's.
Mar 6, 2009
American Realty Capital today announced the appointment of Steve Rokoszewski as Vice President - National Sales Desk for Realty Capital Securities, LLC, the broker dealer affiliate of American Realty Capital Trust, Inc.
Nov 5, 2008
American Realty Capital Trust, Inc. ("ARCT" or the "REIT") announced today that its Board of Directors has approved an increase in its annual cash distribution from $.65 to $.67, paid monthly.
Nov 3, 2008
American Realty Capital announced today that Kamal Jafarnia has been named Executive Vice President and Chief Compliance Officer of Realty Capital Securities, LLC, the dealer manager for its affiliated real estate investment offerings, and Senior Vice President of American Realty Capital Advisors, LLC.
Sep 29, 2008
American Realty Capital announced today that it has completed the transition of recordkeeping for its real estate investment trust (REIT) products to DST Systems, Inc., the largest, third-party mutual fund shareholder recordkeeping service in the United States.
Apr 10, 2008
American Realty Capital has named Louisa Quarto as Senior Vice President where she will be responsible for building the independent broker-dealer selling group and overseeing compliance activities for Realty Capital Securities, LLC.
Apr 10, 2008
American Realty Capital announced the appointment of Nicholas Corvinus as Executive Managing Director of Realty Capital Securities, LLC, the broker-dealer affiliate of American Realty Capital Trust, Inc., a Real Estate Investment Trust.
Sep 11, 2007
American Realty Capital Trust Inc., a newly formed company that will operate as a non-traded REIT, plans to kick off acquisition activities as a public company with a big purse of as much as $1.5 billion by selling as many as 150 million shares of common stock.
