Nicholas S. Schorsch serves as Chief Executive Officer and Chairman of the Board of Directors for American Realty Capital New York City REIT, Inc. Mr. Schorsch, co-founder of AR Capital, also holds CEO and board positions for all of the publicly registered, non-traded investments sponsored by AR Capital. On the exchange-traded side of his business, Mr. Schorsch is Chairman and Chief Executive Officer of the publicly traded REIT, American Realty Capital Properties, Inc. (“ARCP”) (NASDAQ: ARCP), the largest net lease REIT in the world by enterprise value.

In addition, Mr. Schorsch served as Chairman of American Realty Capital Trust, Inc. (“ARCT”) (NASDAQ: ARCT), a net lease REIT he co-founded in 2007 and listed on the NASDAQ in March 2012. Just ten months later in January 2013, ARCT completed its merger with Realty Income Corporation (NYSE: O). From September 2002 until August 2006, Mr. Schorsch served as CEO of American Financial Realty Trust (“AFRT”), which he took public in 2003 (NYSE: AFR). Mr. Schorsch has over 30 years of business experience operating and building U.S. companies, including 20 years of real estate experience. He is the recipient of the Ernst & Young Entrepreneur of the Year® 2003 Award and the Ernst & Young Entrepreneur of the Year® 2011 Lifetime Achievement Award for his influence on the direct investment industry. Mr. Schorsch also serves on the board of the National Association of Real Estate Investment Trusts (“NAREIT”) and Investment Program Association (“IPA”).

Mr. Happel has over 20 years of experience investing in real estate including acquisitions of office, retail, multifamily, industrial and hotel properties as well as acquisitions of real estate companies and real estate debt. From 1988-2002, he worked at Morgan Stanley & Co., specializing in real estate and becoming co-head of acquisitions for the Morgan Stanley Real Estate Funds, or MSREF, in 1994.

While at MSREF, he was involved in acquiring over $10 billion of real estate and related assets in MSREF I and MSREF II. Mr. Happel later joined Westbrook Partners, a real estate private equity firm with over $5 billion of real estate assets. In 2004, he joined Atticus Capital, a multi-billion dollar hedge fund, as the head of real estate with responsibility for investing primarily in REITs and other publicly traded real estate securities.

Mr. Sullivan was Chief Financial Officer, Executive Vice President and Treasurer of STAG Capital Partners prior to joining ARC. Mr. Sullivan served on the Board of Managers of STAG Capital Partners, LLC and STAG Capital Partners III, LLC from 2004 to 2011. He served as Executive Vice President for Corporate Development for New England Development LLC (NED) from 2002 to 2011, where his role was to expand and diversify NED's real estate and non-real estate private equity activities.

Prior to joining NED in 2002, Mr. Sullivan was Executive Vice President and Chief Financial Officer of Trizec Hahn Corporation from 1994 to 2001, a publicly traded real estate company headquartered in Toronto. From 1987 to 1994, Mr. Sullivan served in various capacities at AEW Capital Management in Boston including overseeing investments for the company's real estate opportunity fund and heading the capital markets group. In addition, from 1982 to 1987, he served as a senior finance officer at M/A-COM, Inc., a Boston based telecommunications company and, from 1980 to 1982, he served as an investment banker at Smith Barney in New York. Mr. Sullivan received his Bachelor of Sciences degree from the University of Vermont and his Master of Business Administration degree from the Wharton School of the University of Pennsylvania.

William M. Kahane serves as Director of American Realty Capital New York City REIT, Inc. and along with Mr. Schorsch, is a co-founder of ARC. He has held and currently holds board positions for many of the publicly-registered, non-traded companies currently sponsored by ARC. Mr. Kahane has been active in the structuring and financial management of commercial real estate investments for close to 40 years. He began his career in 1974 as a real estate lawyer, practicing in both the public and private sectors. From 1981 to 1992, Mr. Kahane was in the investment banking department of Morgan Stanley, specializing in real estate; he became a managing director in 1989.

From 1997 until 2005, Mr. Kahane was on the Board of Directors of Catellus Development Corp (NYSE: CDX), a real estate investment and development company, and served as non-executive chairman from 1999 to 2001. From 2003 to 2006, Mr. Kahane was a trustee at AFRT, during which time Mr. Kahane served as Chairman of the Finance Committee of AFRT’s Board of Trustees; Mr. Schorsch was the CEO of that company. Mr. Kahane received a B.A. from Occidental College, a J.D. from the University of California, Los Angeles School of Law, and an MBA from Stanford University’s Graduate School of Business. He is a member of the Board of Trustees of Temple Emanu-El in New York City.

Ms. Wenzel was appointed as an independent director of our company in March 2014. Ms. Wenzel also has served as independent director of ARCT IV since May 2012. Ms. Wenzel has been a member of the law firm of Cozen O'Conner, resident in the New York Office since April 2009, as a member in the Business Law Department. Ms. Wenzel practices in in the Real Estate Group and capital markets practice area, focusing on capital markets, finance and sale leaseback transactions.

She has represented commercial banks, investment banks, insurance companies, and other financial institutions, as well as the equity, in connection with permanent, bridge, and construction loans, as well as senior preferred equity investments, interim financings and mezzanine financings. She has also represented lenders in connection with complex multi property/multistate corporate sale. Prior to joining Cozen O'Connor, Ms. Wenzel was a partner with Wolf Block, LLP, managing partner of its New York office and chair of its structured finance practice from October 1999 until April 2009.

Ms. Wenzel currently serves as a trustee on the board of Community Service Society, a 160-year-old institution with a primary focus on identifying and supporting public policy innovations to support the working poor in New York City to realize social, economic, and political opportunties.

Ms. Tuppeny was appointed as an independent director of our company in March 2014. Ms. Tuppeny has also served as an independent director of ARCT IV since May 2012. Ms. Tuppeny has been the chief executive officer and founder of Domus, Inc., a full-service marketing communications agency since 1993. Ms. Tuppeny has 30 years of experience in the branding and advertising industries, with a focus on Fortune 50 companies. Ms. Tuppeny also founded EKT Development, LLC to pursue entertainment projects in publishing, feature film and education video games.

Prior to founding Domus, Ms. Tuppeny was executive vice president, business development at Earle Palmer Brown from 1992 to 1993. From 1984 to 1993, Ms. Tuppeny worked at Weightman Advertising, where she became senior vice president. From 1982 to 1984, Ms. Tuppeny was an account executive at The Marketing Group. Ms. Tuppeny served on the board of directors and executive committee of the Philadelphia Industrial Development Council, or PIDC, for over three years where she helped to plan and implement real estate transactions that helped to attract jobs to Philadelphia. As a board member of the PIDC, Ms. Tuppeny was responsible for evaluating and approving commercial and residential real estate business development applications for financing and tax abatement for for-profit and non-profit companies. During her tenure on the PIDC, Ms. Tuppeny approved over 500 real estate development applications including the funding for Citizens Bank Park, home of the Philadelphia Phillies, Tasty Baking. Ms. Tuppeny was the recipient of the Stevie Award as the nation's top woman entrepreneur in 2004 and was named as a Top Woman in Philadelphia Business in 1996, one of the Top 50 Women in Pennsylvania in 2004 and as the Businessperson of the Year in 2003 by the Greater Philadelphia Chamber of Commerce.