Overview

vereit, inc.

Information by Research TrustFinance

https://www.vereit.com/

VEREIT, Inc. was a leading real estate operating company that owned and managed a large portfolio of single-tenant retail, restaurant, office, and industrial properties located primarily in the United States. The company's name, VEREIT, is a blend of 'veritas' (the Latin word for truth) and REIT, which was chosen to signify a commitment to transparency and a new direction following a 2014 accounting scandal under its former name, American Realty Capital Properties, Inc. (ARCP). On November 1, 2021, VEREIT, Inc. officially merged with Realty Income Corporation (NYSE: O), creating one of the largest global net lease REITs. Following the merger, VEREIT common stock ceased trading on the New York Stock Exchange.

Founded in
United States

United States


Industry

    Financial

  • InvestmentPRIMARY
  • Other Service