ARC acquires $2.3 billion portfolio from Inland American

08/12/2013 | GlobeSt.com

AR Capital is acquiring a portfolio of 294 net-leased retail, office and industrial properties from Inland American Real Estate Trust for $2.3 billion. The deal includes the assumption of $795.3 million in debt and Inland's repayment of $360.9 million in debt. The properties will be distributed among three of the net-lease REITs for which ARC is the sponsor: American Realty Capital Trust V, American Realty Capital Properties and American Realty Healthcare Trust.

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