ARCTRUST Group of Companies Launches New Company to Expand Retail Distribution
ARCTRUST Group of Companies, a sponsor of non-traded real estate alternative investment offerings, announced the launch of ARCTRUST Private Capital, a newly formed enterprise focused on expanding the firm’s investment offerings.
The company says ARCTRUST Private Capital’s offerings will include the company’s flagship private non-traded REITs – ARCTRUST and ARCTRUST III, 1031 exchange solutions and preferred equity and debt products, along with sidecar investment opportunities.
ARCTRUST Group of Companies says it will remain focused on the real estate portion and operations such as acquisitions, development and joint ventures. They have had 10 syndicated DST offerings but will now allocate that task to ARCTRUST Private Capital.
ARCTRUST Private Capital is led by chief executive officer Chris Wadelin, chairman James Steuterman, and chief operating officer Lisa Gunnels. Wadelin has been involved in the management or capital raise for investment products for more than a decade. Steuterman has more than 40 years of industry experience, and Gunnels has more than 15 years of experience in commercial and residential real estate and has managed ARCTRUST’s investor relationships for the last 10 years.
“I am excited for the opportunities that ARCTRUST Private Capital will present to the marketplace,” added Wadelin. “Today, investors have access to a wide range of investments and expect options. This evolution of the ARCTRUST Group of Companies will allow us to continue to deliver a diverse platform of investment solutions, consisting of a mix of asset classes and offering structures. In addition to providing professionally managed real estate investment trust, REG D, and Delaware statutory trust real estate programs, ARCTRUST Private Capital will also expand investor access to private sidecar and property specific investments in joint ventures, and co-sponsored offerings.”
New Jersey-based ARCTRUST is a 38-year-old real estate company that has been responsible for the development, acquisition and joint-venture funding of more than 500 properties with an aggregate value in excess of $5 billion.