 | |
| Formerly | American Realty Capital Properties Inc., or ARCP |
|---|---|
| ISIN | US92339V1008 |
| Industry | Real estate investment trust |
| Founded | 2010 |
| Founder | Nicholas Schorsch |
| Defunct | November 1, 2021 |
| Fate | Acquired by Realty Income |
| Headquarters | , U.S. |
Key people | Glenn J. Rufrano, CEO Michael J. Bartolotta, CFO |
| Revenue |  US$1.161 billion (2020) |
 US$-201 million (2020) | |
| Total assets | US$13.324 billion (2020) |
| Total equity | US$6.804 billion (2020) |
Number of employees | 160 (2020) |
| Footnotes / references [1] | |
VEREIT, Inc. was a real estate investment trust headquartered in Phoenix, Arizona that invested in single-tenant retail, restaurant, office and industrial properties. As of December 31, 2020, the company owned 3,831 properties with an aggregate of 89.7 million square feet.[1] The company was acquired by Realty Income in November 2021.
The company was formerly known as American Realty Capital Properties Inc. and it changed its name after an accounting scandal. Its name was derived for the Latin word "veritas", meaning truth.[2]
- ^ a b "VEREIT, Inc. 2020 Form 10-K Annual Report". U.S. Securities and Exchange Commission.
- ^ Cite error: The named reference
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