In addition, Schorsch recently orchestrated several newly listed public REITs: American Capital Property Trust ( ARCT) and Healthcare Trust of America ( HTA).
The biggest surprise for Mr. Schorsch has been the high level of interest his children have taken in investing their accounts in individual stocks, he says.
"You are committed to consummating an insider deal that prioritizes and monetarily benefits Cole Holdings and its management, " Mr. Schorsch wrote in an April letter to Cole Credit's three independent directors who were charged with evaluating the Cole merger and American Realty's unsolicited bid.