Situation
For nearly a decade, Atlantic Retail has served as an advisor to real estate firm AR Global and it subsidiaries. American Finance Trust (NASDAQ: AFIN) has a diverse portfolio of retail assets which includes a large number of SunTrust Bank locations across the Southeast. As with all large portfolios timely asset management is key. AFIN was interested in moving on from locations with short or expired lease term in order to quickly return liquidity to investors and re-deploy capital. AR Global turned to Atlantic to evaluate, market, and ultimately sell these assets.