ARCP hires retail real estate vet

New York -- American Retail Capital Properties (ARCP) has appointed Glenn Kindred as executive VP of its restaurants division. Kindred will join Nicholas S. Schorsch, executive chairman and CEO, Lisa Beeson, COO, Brian S. Block, CFO, and Lisa Pavelka McAlister, chief accounting officer, as part of ARCP's self-managed executive team. Joining ARCP from GE Capital, Mr. Kindred will oversee ARCP's growing portfolio of restaurant and quick service assets.



Prior to joining ARCP, Kindred held the position of managing director of GE Capital's Property Franchise Real Estate Equity Division, where he helped to integrate the restaurant properties GE Capital acquired as a result of the purchase of Trustreet Properties, Inc., a publicly-traded real estate investment trust that specialized in net leased restaurant properties. Kindred had been a senior real estate executive of Trustreet before joining GE Capital. In addition, while acting as senior VP at CNL Financial Group, Mr. Kindred played a key role in the reverse merger between U.S. Restaurant Properties, Inc., CNL Restaurant Properties, Inc. and 18 CNL Income Funds that formed Trustreet. Kindred has 15 years' experience in executive roles in the real estate industry.