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Real Estate M&A image Real Estate M&A » By The Online Investor Staff, updated Fri., Sep. 25, 9:57 PM Recent mergers and acquisitions in the Real Estate M&A category.

Slide #31. American Realty Capital Properties CapLease

Acquirer: American Realty Capital Properties (ARCP)
Acquiree: CapLease (LSE)
Details: American Realty Capital Properties, Inc. (NASDAQ: ARCP) ("ARCP") today announced the closing of the previously announced acquisition of CapLease, Inc. (NYSE: LSE) ("CapLease"). The transaction was previously approved by CapLease's stockholders, whose shares were converted into the right to receive $8.50 in cash per common share of CapLease they owned. Each share of Series A, Series B and Series C preferred stock of CapLease was converted into the right to receive $25.00 in cash.

VEREIT is a real estate investment trust. Co. is a real estate company that acquires, owns and operates single-tenant, free-standing commercial real estate properties. Co. focuses on investing in properties that are net leased to credit tenants, which are generally public companies, and governmental, quasi-governmental and not-for-profit entities. Co. is also engaged in the private capital management (PCM) business. The PCM business sponsors and manages direct investment programs. As of Dec 31 2013, Co. owned 3,710 properties, comprised of 101,500,000 square feet and located in 48 states, the District of Columbia, and Puerto Rico.

Preferred: ARCPP



Open the ARCP Page at The Online Investor »

VEREIT is a real estate investment trust. Co. is a real estate company that acquires, owns and operates single-tenant, free-standing commercial real estate properties. Co. focuses on investing in properties that are net leased to credit tenants, which are generally public companies, and governmental, quasi-governmental and not-for-profit entities. Co. is also engaged in the private capital management (PCM) business. The PCM business sponsors and manages direct investment programs. As of Dec 31 2013, Co. owned 3,710 properties, comprised of 101,500,000 square feet and located in 48 states, the District of Columbia, and Puerto Rico.

Preferred: ARCPP



Open the LSE Page at The Online Investor »

Company Name: 
VEREIT Inc
Stock buyback: 
ARCP buyback
Website: 
www.arcpreit.com
Sector: 
REITs
Company Name: 
CapLease Inc
Website: 
www.caplease.com
Sector: 
REITs
 

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