Kase Abusharkh has joined the team at American Realty Capital Retail Advisor, LLC (ARC Retail Advisor) as Chief Investment Officer. ARC Retail Advisor is the advisor to American Realty Capital – Retail Centers of America, Inc. (ARC–RCA), a non-traded REIT that focuses on the acquisition of core retail properties, such as lifestyle centers, power centers, and needs-based shopping centers.
With its service provider, Lincoln Retail REIT Services, LLC (Lincoln), ARC–RCA works to recommend investments to the Company as well as evaluate, capitalize, and manage the company’s investments. In his new role Mr. Abusharkh is expected to perform similar duties in future collaborations between AR Capital and Lincoln.
“I am honored and excited to be joining ARC–RCA’s Advisor,” said Mr. Abusharkh. “I am eager to begin working with the numerous talented individuals who presently make up the Advisor and Lincoln’s distinguished team.”
“We are thrilled to have Kase joining us at this opportune time in the Company’s life cycle and to play an active role alongside Lincoln,” commented Nicholas S. Schorsch, co-founder of AR Capital and Chief Executive Officer of ARC–RCA. “His invaluable industry experience and deep understanding of commercial real estate finance, acquisitions, management and development made him the ideal candidate to join our senior leadership.” He continued, “This appointment adds to the high caliber of human capital that our shareholders expect and deserve, and I am excited to see what we can achieve together.”
Before joining ARC–RCA, Mr. Abusharkh founded the largest producing office of major real estate firm, Sperry Van Ness, where he was involved in commercial real estate transactions of more than $2 billion.
Robert Dozier, Executive Vice President of Lincoln Property Company Commercial, Inc., added, “Based on his impressive track record and expertise, Kase brings important insights to our program and is clearly the right person to help guide ARC–RCA’s Advisor as its Chief Investment Officer. I am delighted to welcome him into this role.” Mr. Dozier added, “Kase has the unanimous support of the Lincoln team, and we fully expect his appointment to strengthen our collective ability to deliver value.”