On the heels of American Realty Capital Properties Inc.’s recently completed merger with American Realty Capital Trust III, the combined company celebrated its status as “the largest equity REIT on the NASDAQ” by ringing the closing bell at the stock exchange’s headquarters late Friday.
When asked about the merger’s implications for company’s future, chairman and CEO Nicholas S. Schorsch told this publication in an interview at the stock exchange’s headquarters in New York’s Times Square that it gives the combined entity in terms of “size, scale and durable income.”
“We have access to immense amount of capital at a very low cost,” he said, noting that the company also has “a ton of capacity to grow.”
Schorsch, a cap markets veteran who has attended multiple
