ARC LAUNCHES WITH $1.5B STOCK OFFERING; HIRES DASCO, GRUBB VETERANS
By Dan Emerson
Add another healthcare real estate investment trust (REIT) to the mix of investors interested in acquiring medical office buildings (MOBs) and other healthcare real estate facilities.
The newest healthcare REIT is New York-based American Realty Capital Healthcare Trust, which recently rolled out a $1.5 billion common stock offering and says it is ready to shift into acquisition mode.
“Absolutely,” says Nicholas S. Schorsch, the CEO of the new REIT’s sponsor, American Realty Capital.
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