American Realty Capital Continues to Build its Debt Capital Markets and Corporate Finance Team With Recent Hires

   American Realty Capital Continues to Build its Debt Capital Markets and
                   Corporate Finance Team With Recent Hires

PR Newswire

NEW YORK, Jan. 18, 2013

NEW YORK, Jan. 18, 2013 /PRNewswire/ --American Realty Capital ("ARC" or the
"Company") today announced two senior management hires for its debt capital
markets and corporate finance team, Donald MacKinnon and Nicholas Radesca.
Messrs. MacKinnon and Radesca will join Peter M. Budko, Andrew Winer and Boris
Korotkin, further augmenting ARC's bench of corporate finance professionals.
The senior members of ARC's finance team have over 90 years of collective
experience in the debt markets and join ARC's principals who have extensive
backgrounds in credit underwriting in connection with the acquisition and
management of real estate.

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In 2012, ARC's debt capital markets group arranged $1.8 billion of debt
financing in connection with ARC's publicly traded and non-traded public
direct investment programs. Already in January, this corporate finance team
has arranged $850.0 million of debt financing in connection with the announced
merger of American Realty Capital Properties, Inc. (NASDAQ: "ARCP") and
American Realty Capital Trust III, Inc.

Mr. MacKinnon brings to the Company over 20 years of experience. He served as
a Portfolio Manager of high yield credit sensitive commercial real estate debt
products for a real estate advisory company and as a Managing Director at
Nomura Securities International. There, he managed Nomura's North American
Structured Credit Trading and Asset Finance businesses with an emphasis on
commercial real estate and asset backed securities. Mr. MacKinnon also was the
CEO and President of REALM, Inc. and a Co-Founder of the Commercial Mortgage
Group and Manager of the European Asset Securitization Group at Donaldson,
Lufkin & Jenrette.

Mr. Radesca, who recently joined ARC as a Senior Vice President and Chief
Accounting Officer, also brings 20 years of experience in accounting and
financial reporting, largely in connection with debt products. Mr. Radesca
joined ARC in December 2012 from Solar Capital Ltd. and Solar Senior Capital
Ltd., where he served as the Chief Financial Officer and Corporate Secretary
of both of these publicly traded business development companies specializing
in corporate lending. Prior to Solar Capital, Mr. Radesca was the Chief
Accounting Officer at iStar Financial Inc., a publicly traded real estate
investment trust that specializes in commercial real estate lending and
corporate net lease financing. Mr. Radesca's financial services experience
also includes senior accounting and financial reporting roles at Fannie Mae,
Providian Financial and Bank of America Mortgage.

"Just as we've recently expanded our investment banking capabilities, these
two hires strengthen a complementary dimension of our business, allowing us to
optimize the capitalization of an asset or an enterprise with equal facility
using equity and debt," added Nicholas S. Schorsch, Chairman of ARC. Mr.
Schorsch continued, "Don MacKinnon and Nick Radesca will be instrumental in
moving this aspect of our business forward."

The debt capital markets and corporate finance team are fully supported by
ARC's investment banking, legal, accounting and operations departments. All
of these groups work in unison to maximize shareholder value, align interests
between stakeholders and management, and improve transparency.

About ARC

ARC is a full-service real estate advisory firm founded in 2006 that sponsors
real estate investment programs and provides advisory services to retail and
institutional investors. ARC is an active sponsor and manager of public and
private real estate investments, a business development company and other
investment solutions. Collectively, ARC's senior team of seasoned
professionals has acquired and managed over $10.0 billion of real estate, as
well as $5.0 billion of corporate sale-leasebacks as of 2012.

SOURCE American Realty Capital

Contact: Anthony J. DeFazio, Diccicco Battista Communications,, +1-484-342-3600; or Brian S. Block, EVP & CFO, AR
Capital, LLC,, +1-212-415-6500
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