CLOs on the Move

American Realty Capital Daily Net Asset Value Trust, Inc. is engaged in the acquisition of a portfolio of income producing real estate properties in the United States. The company focuses primarily on acquiring freestanding, single-tenant bank branches, convenience stores, office, industrial, and retail properties that are net leased to investment grade and other creditworthy tenants. As of September 30, 2013, it owned 11 properties comprising 0.2 million rentable square feet. The company was founded in 2010 and is based in New York, New York.