PHOENIX—American Realty Capital Properties, Inc. and Cole Capital, ARCP's private capital management business, jointly announce the appointment of Michael Ezzell as executive vice president of private capital markets. Ezzell will be working out of Cole's Phoenix office.

“We are extremely pleased and excited to have Mike Ezzell head the day-to-day operations of Cole Capital, the leading sponsor of non-traded, net lease REITs,” says David S. Kay, president of ARCP. “In his role as the head of product and business development at Cole Capital, Mike has been an integral member of the management team that successfully launched multiple new product offerings and raised more than $9 billion of capital since he joined the company. Mike has exceptional relationships with the top broker-dealers in the industry, and is well respected for his regulatory acumen, strategic thinking and client-first focus. Along with the rest of ARCP's senior management team, I look forward to collaborating with Mike as Cole Capital continues to develop and market world-class net lease investment products with a focus on producing durable income and which best meet the needs of investors and financial professionals.”

With more than 16 years of experience in the financial services industry, Ezzell most recently served as senior vice president, product and business development at Cole Capital. As a senior member of both the capital markets and relationship management teams, he was responsible for new product development, opening new distribution channels, securing selling agreements with broker-dealers for existing and new product offerings and overseeing Cole Capital's due diligence obligations.