July 26, 2014 1:42 PM ET

Real Estate Management and Development

Company Overview of American Realty Capital Daily Net Asset Value Trust, Inc.

Company Overview

American Realty Capital Daily Net Asset Value Trust, Inc. is engaged in the acquisition of a portfolio of income producing real estate properties in the United States. The company focuses primarily on acquiring freestanding, single-tenant bank branches, convenience stores, office, industrial, and retail properties that are net leased to investment grade and other creditworthy tenants. As of September 30, 2013, it owned 11 properties comprising 0.2 million rentable square feet. The company was founded in 2010 and is based in New York, New York.

405 Park Avenue

15th Floor

New York, NY 10022

United States

Founded in 2010

Phone:

212-415-6500

Key Executives for American Realty Capital Daily Net Asset Value Trust, Inc.

Chairman and Chief Executive Officer
Age: 53
President
Age: 47
Chief Financial Officer
Age: 48
Chief Investment Officer and Executive Vice President
Age: 54
Compensation as of Fiscal Year 2014.

American Realty Capital Daily Net Asset Value Trust, Inc. Key Developments

American Realty Capital Daily Net Asset Value Trust, Inc. Announces Executive Changes

American Realty Capital Daily Net Asset Value Trust, Inc. announced that on January 8, 2014, in light of American Realty Capital Properties, Inc.’s (ARCP) completed transition to self-management, in connection with which Brian S. Block now serves in the capacity of chief financial officer for ARCP on a full-time, dedicated basis, Mr. Block resigned from his roles as chief financial officer and executive vice president of the company, effective as of that same date. Simultaneously with Mr. Block’s resignation, the company’s board of directors appointed Nicholas Radesca to serve as the company’s chief financial officer. Similarly, Mr. Radesca will also replace Mr. Block as chief financial officer of the company’s advisor and property manager. Nicholas Radesca has served as the chief financial officer and treasurer of American Energy Capital Partners, LP’s general partner since October 2013. Mr. Radesca has served as chief financial officer of American Realty Capital Trust V, Inc. (ARCT V), the ARCT V advisor and the ARCT V property manager since January 2014.

American Realty Capital Daily Net Asset Value Trust, Inc. Announces Board Changes

Dr. Walter P. Lomax, Jr. resigned as a member of the Board of Directors of the American Realty Capital Daily Net Asset Value Trust, Inc. and the company’s audit committee, effective August 21, 2013. Simultaneous with Dr. Lomax’s resignation, the Board of Directors of the company appointed Portia Sue Perrotty as a member of the Board of Directors and Audit Committee. Ms. Perrotty, 59, worked in the banking industry for 27 years. Ms. Perrotty has served as President and CEO of AFM Financial Services in Cranford, New Jersey since April 2011. Ms. Perrotty, like the company’s other independent directors, will participate in the company’s employee and director incentive restricted share plan and receive compensation from the company.

American Realty Capital Daily Net Asset Value Trust, Inc., Annual General Meeting, Jun 04, 2013

American Realty Capital Daily Net Asset Value Trust, Inc., Annual General Meeting, Jun 04, 2013., at 09:00 US Eastern Standard Time. Location: The W New York. Agenda: To elect five members to the board of directors; and to consider and act on such other matters as may properly come before the annual meeting and any adjournment thereof.

Similar Private Companies By Industry

Company Name Region
Jackson Park Highlands Investment Group LLC United States
Paladin Group, Inc. United States
Pride Inc. United States
Browning Investments, Inc. United States
Millennium Properties and Development, Inc. United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
NYC2012, Inc. United States
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact American Realty Capital Daily Net Asset Value Trust, Inc., please visit www.americanrealtycap.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.