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Posted 12 September, 2023

American Strategic Investment Co. appointed Michael Anderson as new CEO

NYSE:NYC appointed new Chief Executive Officer Michael Anderson in a 8-K filed on 12 September, 2023.


  As previously disclosed, Michael Anderson was appointed to serve as the Company's chief executive officer and Joseph Marnikovic was appointed to serve as the Company's chief financial officer.  

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Overview of American Strategic Investment Co.
Real Estate/Construction • Industrial/Office REITs
American Strategic Investment Co. is a publicly traded real estate investment trust that owns a portfolio of high-quality commercial real estate located within the five boroughs of New York City, particularly Manhattan. Its portfolio is diversified across eight office and retail condominium assets. The firm's top tenants feature a balance of large investment grade rated corporate tenants and government agencies. The company was founded on December 19, 2013 and is headquartered in Newport, RI.
Market Cap
$17.4M
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American Strategic Investment Co. by TradingView
Relevant filing section
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. 


As previously disclosed, Edward M. Weil, Jr., American Strategic Investment Co.'s (the "Company") chief executive officers, president and secretary and Christopher J. Masterson, the Company's chief financial officer and secretary notified the Company's board including the members of its nominating and corporate governance committee of their intent to resign their respective officer positions upon the closing of a merger between Global Net Lease, Inc. and the Necessity Retail REIT, Inc. (the "Merger"), two entities presently advised by affiliates of the Company's advisor. Effective upon the closing of the Merger on September 12, 2023, each of Messrs. Weil and Masterson resigned from their positions with the Company.


Appointment of Chief Executive Officer and Chief Financial Officer


As previously disclosed, Michael Anderson was appointed to serve as the Company's chief executive officer and Joseph Marnikovic was appointed to serve as the Company's chief financial officer. Effective upon the closing of the Merger, on September 12, 2023, each of Messrs. Anderson and Marnikovic began serving in their new roles with the Company.