Phoenix American Financial Services Announces New Client Partnership with ARCTRUST Properties
Phoenix American Financial Services, Inc.("the Company") is pleased to announce its new client partnership withARCTRUST Properties, Inc("ARCTRUST"). The Company will support ARCTRUST with their state-of-the-art transfer agent system and industry leading investor services platform. ARCTRUST will benefit from Phoenix American's combination of advanced technology, commitment to customer service and long experience with the unique operational requirements of real estate funds.
Based in Clifton, New Jersey, ARCTRUST is a private real estate investment trust (REIT) that specializes in Protected Appreciation Vehicles for Real Estate ("PAVRs") that include Net Lease Properties, Preferred Equity Investments, and Participating Debt. PAVRs combine the cash flow features of a corporate bond with the appreciation of real estate. The company's geographic focus is in the New York to Washington DC to Florida corridor although the company is also active in other metropolitan areas nationwide that have international airports. Over the past 30 years, ARCTRUST and its affiliates have been responsible for more than 500 transactions with an aggregate value in excess of $3 billion. ARCTRUST has received numerous industry awards for its work in the area of net lease properties. ARCTRUST currently represents numerous tenants in their expansion programs and has an active joint venture program with preferred devel...