EX-99.1
2
v356780_ex99-1.htm
EX-99.1
FOR IMMEDIATE RELEASE
American Realty Capital Trust V Announces
Additional Acquisitions
Total Portfolio as of September 30, 2013
is $2.2 Billion, Including
$885.6 Million of Acquired Properties,
$1.3 Billion of Acquisitions Under Executed Purchase and Sale Agreements
and $54.9 Million of Acquisitions Subject to Executed Letters of Intent
New York, New York, October 4, 2013 -
American Realty Capital Trust V, Inc. ("
ARCT V
") announced today that, on September
30, 2013, ARCT V completed its acquisition of 41
properties owned by subsidiaries of Fortress Investment Group LLC ("
Fortress
"). The 41
properties represent the initial tranche of ARCT V's 51-property portfolio acquisition from Fortress and certain of
its affiliates. The purchase price of the 41 properties was $267.7 million, exclusive of closing costs. The 41
properties comprise approximately 977,000 rentable square feet which are 100.0% leased to six tenants.
With recent acquisitions, including the closing of
the acquisition of the 41 properties from subsidiaries of Fortress, ARCT V's portfolio now comprises 158 properties
purchased for $885.6 million, totaling $2.2 billion when combined with $1.3 billion of acquisitions under executed purchase
and sale agreements and $54.9 million of acquisitions subject to executed letters of intent.
Nicholas S. Schorsch, Chairman and Chief Executive Officer of
ARCT V, explained, "Having assembled a $2.2 billion portfolio of retail-focused, net lease properties consisting of high
quality assets across a wide variety of industries, tenants and locations, we remain focused on efficiently executing on ARCT V's
investment strategy through our match-funded deployment of ARCT V's capital. Once completed, ARCT V's portfolio of
assets is expected to generate 70% of its income from investment grade-rated tenants".
About ARCT V
ARCT
V is a publicly registered, non-traded real estate investment trust ("REIT") that intends to qualify as a REIT for
tax purposes with the taxable year ending December 31, 2013.
Important Notice
The statements in this press release that are not historical
facts may be forward-looking statements. These forward-looking statements involve risks and uncertainties that could cause the
outcome to be materially different. In addition, words such as "anticipate", "believe", "expect"
and "intend" indicate a forward-looking statement, although not all forward-looking statements include these words.
Contacts
Anthony J. DeFazio
Brian S. Block, EVP & CFO
DDCworks
American Realty Capital Trust V, Inc.
tdefazio@ddcworks.com
bblock@arlcap.com
Ph: 484-342-3600
Ph: 212-415-6500

EX - 99 . 1 2 v356780 _ ex99 - 1 . htm EX - 99 . 1 FOR IMMEDIATE RELEASE American Realty Capital Trust V Announces Additional Acquisitions Total Portfolio as of September 30 , 2013 is $ 2.2 Billion , Including $ 885.6 Million of Acquired Properties , $ 1.3 Billion of Acquisitions Under Executed Purchase and Sale Agreements and $ 54.9 Million of Acquisitions Subject to Executed Letters of Intent New York , New York , October 4 , 2013 - American Realty Capital Trust V , Inc . ( " ARCT V " ) announced today that , on September 30 , 2013 , ARCT V completed its acquisition of 41 properties owned by subsidiaries of Fortress Investment Group LLC ( " Fortress " ) . The 41 properties represent the initial tranche of ARCT V ' s 51 - property portfolio acquisition from Fortress and certain of its affiliates . The purchase price of the 41 properties was $ 267.7 million , exclusive of closing costs . The 41 properties comprise approximately 977,000 rentable square feet which are 100 . 0 % leased to six tenants . With recent acquisitions , including the closing of the acquisition of the 41 properties from subsidiaries of Fortress , ARCT V ' s portfolio now comprises 158 properties purchased for $ 885.6 million , totaling $ 2.2 billion when combined with $ 1.3 billion of acquisitions under executed purchase and sale agreements and $ 54.9 million of acquisitions subject to executed letters of intent . Nicholas S. Schorsch , Chairman and Chief Executive Officer of ARCT V , explained , " Having assembled a $ 2.2 billion portfolio of retail - focused , net lease properties consisting of high quality assets across a wide variety of industries , tenants and locations , we remain focused on efficiently executing on ARCT V 's investment strategy through our match - funded deployment of ARCT V ' s capital . Once completed , ARCT V ' s portfolio of assets is expected to generate 70 % of its income from investment grade - rated tenants " . About ARCT V ARCT V is a publicly registered , non - traded real estate investment trust ( " REIT " ) that intends to qualify as a REIT for tax purposes with the taxable year ending December 31 , 2013 . Important Notice The statements in this press release that are not historical facts may be forward - looking statements . These forward - looking statements involve risks and uncertainties that could cause the outcome to be materially different . In addition , words such as " anticipate " , " believe " , " expect " and " intend " indicate a forward - looking statement , although not all forward - looking statements include these words . Contacts Anthony J . DeFazio Brian S. Block , EVP & CFO DDCworks American Realty Capital Trust V , Inc . tdefazio@ddcworks.com bblock@arlcap.com Ph : 484 - 342 - 3600 Ph : 212 - 415 - 6500