2015, Here We Go: Nicholas Schorsch No Longer a Billionaire

Things are looking gloomy these days for Nicholas Schorsch. He is reportedly no longer a billionaire, he resigned last week as chairman of ARCP and his hold on RCS Capital is crumbling as people call for his More...

Nicholas Schorsch Buys Red Lobster

– Nicholas Schorsch’s American Realty Capital Properties has announced that it closed a $1.5 billion sale leaseback deal with the Red Lobster restaurant chain for 500 of its locations. The transaction More...

Shareholders Approve $10 Billion Merger of American Realty Properties With Cole REIT

– (L-R)  Nicholas Schorsch, William Kahane American Realty Capital Properties REIT , which is publicly traded and listed on Nasdaq as ARCP,  is preparing to finally merge with another real estate More...