"The accountant for eight nontraded real estate investment trusts managed by Nicholas Schorsch's privately held real estate manager, American Realty Capital, has resigned. Grant Thornton on Jan. 22 resigned as the independent registered public accounting firm for the eight REITs, including American Realty Capital Trust V, the last of the extremely popular ARC net lease REITs that Mr. Schorsch brought to the market after the financial crisis. Although the accounting firm resigned last week, the filings announcing the action weren't filed with the Securities and Exchange Commission until Wednesday."
Comments are closed.
Happy Thanksgiving week! Because Adrienne and I are going to be taking some much-needed time off later this week (and hopefully you guys are too), our posting schedule is going to be a little lighter than normal. But do you know whose workload isn’t going to be lighter than usual this week and in the […]
This year’s class of new managing directors at Andersen is slightly bigger than the baker’s dozen added in 2019. So congrats to the eight women and six men (two of whom are Arthur Andersen alums) who are the newest apples of Mark Vorsatz’s eye: Chelsea Baron, Private Client Services practice, Metro New York Laura Berard, […]