American Realty Capital strikes $2.2B deal for a traded REIT
American Realty Capital strikes a $2.2B deal for traded REIT CapLease as ARC CEO Nicholas Schorsch shakes off his recent Cole bid failure. Bruce Kelly has all the details.
Shut out of buying a large nontraded real estate investment trust just last month, American Realty Capital Properties Inc. said today it has signed a definitive merger agreement with a traded REIT, CapLease Inc.
American Realty Capital will pay $2.2 billion for CapLease. Owners of CapLease common s
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