Home Alts News Egan-Jones Assigns BBB Credit Rating to ARCTRUST Affiliate

Egan-Jones Assigns BBB Credit Rating to ARCTRUST Affiliate

ARCTRUST Group of Companies, a sponsor of non-traded real estate alternative investment offerings, announced that an affiliate of the company has been assigned a BBB credit rating from Egan-Jones Ratings Company.

This is the third ARCTRUST affiliate to receive a BBB rating.

“We are excited and honored to have received another BBB investment grade rating,” said Robert Ambrosi, ARCTRUST chairman. “This is an important recognition for any group, but, especially in today’s turbulent marketplace. We are proud to be able to help mitigate some risk for potential shareholders by offering investment grade stability, along with the opportunity for value creation through our development efforts.”

ARCTRUST and its affiliates specialize in a proprietary investment vehicle known as preferred asset vehicles for real estate. PAVRs strive to combine the cash flow features of a corporate bond with the inherent appreciation of real estate. PAVRs may take the form of preferred equity, participating loans or net lease properties. The company says Egan-Jones arrived at its ranking by evaluating the quality of ACRTRUST’s credit profile, along with its tenants, lease terms, property locations, management track record, product type and transparency of the portfolio.

Egan-Jones is a Securities and Exchange Commission-designated Nationally Recognized Statistical Rating Organization and is recognized by the National Association of Insurance Commissioners, as well as the European Securities and Markets Authority.

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.

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