American Realty Capital announced the appointment of Jesse Galloway as its Assistant General Counsel. Mr. Galloway will advise ARC’s senior management team on real estate related legal issues. He will work closely with the Company’s outside legal counsel in representing ARC in its commercial real estate and financial transactions, including legal activities related to American Realty Capital Trust, the non-traded, public REIT which ARC advises, ARC’s financing programs, including the private placement of notes, and American Realty Capital’s Growth Fund, which purchases and repositions vacant bank branches.
“We are delighted to welcome Jesse to American Realty Capital,” said Nicholas S. Schorsch, CEO of American Realty Capital. “His strong real estate and financing background will continue to broaden the depth of our platform and should prove advantageous in augmenting our transactional capabilities.”
Mr. Galloway brings extensive financial and commercial real estate experience to American Realty Capital. Most recently, while at the law firm of Cadwalader Wickersham & Taft, LLP, he represented investment banks, major financial institutions and commercial banks in commercial real estate finance transactions.
Jesse began his career at Harris Beach, LLP, a full service law firm based in Rochester, New York, where he specialized in commercial real estate development and financial matters. After 5 years with Harris Beach, he transitioned to Credit Suisse’s real estate finance and securitization group.
Mr. Galloway earned a Bachelor of Arts from John Carroll University and his law degree from the University of Richmond. Jesse was an intern for the U.S. District Court for the Western District of New York as well as the United States House of Representatives.
American Realty Capital was formed by Nicholas S. Schorsch and William M. Kahane. As CEO and board member, respectively, the two were behind the growth of American Financial Realty Trust, where they acquired over 1,500 properties valued at more than $5 billion. In the last five years, ARC’s executive team has collectively negotiated and closed on over $7 billion of bank branch and net leased real estate.
For more information, visit www.americanrealtycap.com.