W P Carey Inc
ARCP’s Cole Capital acquisition ended due to accounting issue
In November, RCS Capital terminated a $700 million deal to acquire Cole Capital from ARCP.
Overview of ARCP’s private capital management business
ARCP owns aggregate equity investments of $3.9 million in publicly registered, non-traded REITs.
Must-know: American Realty Capital Properties’ businesses
As of June 30, ARCP owned 3,966 properties comprising 106.8 million square feet of single and multi-tenant retail and commercial space located in 49 states.
ARCP shareholder Marcato questioned equity issuance
Even before accounting errors were disclosed, activist hedge fund shareholder Marcato Capital criticized American Realty for its acquisition strategy and equity issuance.
Corvex Management discloses activist stake in ARCP
Activist investment firm Corvex Management recently disclosed a 7.1% stake in REIT American Realty Capital Properties.