American Realty Capital ("ARC"), an investment advisory firm, announced today that Andrew Winer has joined the company to lead a number of the firm's strategic debt initiatives. Reporting directly to Nicholas S. Schorsch, CEO, and Bill Kahane, President, Mr. Winer will be charged with advising ARC, its affiliates and subsidiaries in connection with debt capital markets. Mr. Winer will be responsible for arranging corporate lines of credit and other loan facilities for all of ARC's investment programs, including its business development company, Business Development Corporation of America, and its NASDAQ-listed company, American Realty Capital Properties (NASDAQ: ARCP), participating actively with rating agencies on securing corporate credit ratings for all of ARC's companies, and designing investment strategies for both commercial debt and structured debt products.

"I am delighted that we have again significantly augmented the intellectual capital of our organization by adding Andrew Winer to our senior management team," said Bill Kahane, President of American Realty Capital. "As we continue to grow ARC's advisory responsibilities across a wider array of investment vehicles and platforms, it is vital that we remain "best-in-class" with regard to all of our capital market activities. Andrew brings with him an extensive background in real estate debt capital markets, enabling us to manage risk and improve performance of all of our REITs. Andrew will work closely with Boris Korotkin, our Vice President of Real Estate Finance, on all REIT financings. Our ability to attract experienced and well regarded professionals like Mr. Winer is further testimony to our success."

Peter Budko, Chief Executive Officer of Business Development Corporation of America, added, "Andrew will prove a strong complement to our senior management team, bringing with him many years of debt capital markets experience. He should help generate investment opportunities based on his relationships on the Street, as well as assisting in the origination, analysis, underwriting and structuring of middle market loans."

Andrew Winer's experience includes 20 years in commercial real estate finance (17 years at Credit Suisse and its predecessors). Most recently, Mr. Winer oversaw pricing, hedging and execution of commercial securitized real estate debt at Credit Suisse. Additionally, Mr. Winer was responsible for the asset management of legacy loan and warehouse positions at the company. And from 2004 to 2008, Mr. Winer was responsible for syndicating new CMBS issues. Prior to this, Mr. Winer spent five years as a fixed income salesperson and the previous six years in various roles covering all facets of the commercial real estate finance business, including loan originations and securitizations. Mr. Winer started his career in Arthur Andersen's Structured Products Group. Mr. Winer holds both Bachelor and Graduate degrees from the University of Michigan School of Business and is a Certified Public Accountant.

American Realty Capital II, LLC is a full-service real estate advisory firm that sponsors real estate investment programs. Since its inception in 2006, and through December 2011, affiliates of ARC have originated, structured and closed transactions investing over $3.4 billion in equity in over 753 properties (representing approximately $3.2 billion in assets). As of December 2011, ARC and its affiliates had approximately $3.2 billion of properties under management. ARC's affiliates act as advisors to nine publicly offered direct investment programs, eight of which are non-traded and six of which are currently selling securities to the public.

To arrange interviews with executives of American Realty Capital, please contact Tony DeFazio at 484-532-7783 or tony@defaziocommunications.com.

DeFazio Communications, LLC
Anthony J. DeFazio
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or
American Realty Capital II, LLC
Brian S. Block, EVP and CFO
212-415-6500
bblock@arlcap.com