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American Realty Capital Announces Sale of Cole Capital for (not less than) $700M
    
Phoenix

October 1, 2014

American Realty Capital Announces Sale of Cole Capital for (not less than) $700M

American Realty Capital Properties announced that the company has signed a definitive agreement for the sale of Cole Capital, ARCP’s private capital management business, to RCS Capital Corp. for at least $700M.

The transaction will allow ARCP to focus on its core net lease real estate strategy. Additionally, the parties have entered into a strategic arrangement allowing ARCP to act as sub-advisor to Cole Capital’s non-traded real estate investment trusts.

American Realty Capital Properties

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