Brian Block

View All Tags
  • Ratings Agencies Review ARCP Accounting Errors; SEC Expected to Investigate

    Shares in American Realty Capital Properties continued dropping Thursday, one day after the REIT admitted there were accounting errors that were intentionally covered up in its recent financial statements leading to the resignation of two top executives, reviews by two ratings agencies and a possible investigation by the U.S. Securities and Exchange Commission.

    National 30 October 2014 20:43
  • ARCP to Absorb ARCT IV, Valued at $3B

    Nicholas Schorsch continues building American Realty Capital Properties into a dominating player in the net-lease space with yesterday’s announcement that it is merging with American Realty Capital Trust IV Inc., a public non-traded REIT, in a stock and cash deal worth about $3 billion.

    National 02 July 2013 22:14
  • Schorsch on Recent REIT Purchase: ‘CapLease Has Higher Leverage’

    The Chairman & CEO of American Realty Capital Property chats with CPE about his company's most recent REIT acquisition. Calling it a “transformative deal for both companies,” he announced Tuesday that ARCP plans to acquire CapLease Inc. for about $2.2 billion, including debt.

    National 29 May 2013 13:08

You May Also Like

  • Belay Investment JV Bets $70M on Portland

    Belay Investment Group and L&L Investment Partners plan to purchase and reposition Portland office, multifamily and mixed-use properties. As its first investment, the JV acquired an asset comprising two 1940s-era warehouses in the city's Guild’s Lake submarket.

    26 June 2017 13:27
  • NAI Hiffman Appoints Ted Staszak as SVP

    During a 20-year career, the industrial property specialist has completed 500-plus transactions valued at $8 billion. He brings deep experience in major Midwestern markets to his new role.

    28 June 2017 13:40
  • JCR Capital Launches Fourth Fund

    Fund IV will focus on middle-market properties valued at $50 million or less in the multifamily, industrial and office sectors, as well as some retail.

    07 June 2017 13:00
  • ICM Acquires Suburban Atlanta Office Asset

    The new owner awarded Lincoln Property Co. Southeast with the exclusive property management and leasing assignment of Jefferson Plaza.

    18 July 2017 15:21
  • Historic Boston CBD Asset Trades for $75M

    The 179,872-square-foot office asset last traded four years ago. The value of the property increased by more than 45 percent since then.

    24 May 2017 10:55
  • CBRE Brokers 255 KSF Lease for Weiman

    The tenant will occupy the entire building at 705 Tri-State Parkway in Gurnee, Ill., following a lease expansion of 100,418 square feet.

    12 October 2017 11:27
  • HFF Closes Sale, Secures Financing for Austin Office Asset

    The 251,143-square-foot building is situated along the Loop 360 corridor, within walking distance from San Clemente at Davenport and Davenport Village shopping centers.

    14 August 2017 13:04
  • UNLV, Gardner Carry Forward Tech Park Development

    The Harry Reid Research and Technology Park will spread over 122 acres of land and will encompass 12 office buildings comprising more than 1.5 million square feet of commercial office space.

    01 August 2017 17:24
  • CBRE Secures $27M Loan for Minneapolis Hotel

    The developer plans to build in downtown Minneapolis as part of a block of development that includes an apartment tower, brewery and its own new headquarters.

    21 July 2017 19:45
  • CBRE Grows Miami Leasing Team

    Alina Plasencia joins the leasing team of Carol Ellis-Cutler amid an upswing of development and investor demand for office space in northern Miami-Dade County.

    29 August 2017 18:54