(Bloomberg) -- Nicholas Schorsch, formerly the executive chairman of RCS Capital, resigned from RCS, New York REIT and 11 other non-traded real estate investment trusts and direct investment programs sponsored by AR Capital.
Schorsch, 53, will leave the companies immediately to focus on strategy and potential liquidity events of closed programs sponsored by AR Capital, the company said in a statement today.
Register or login for access to this item and much more
All Financial Planning content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access