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American Realty Capital Properties Announces Appointment of Mark S. Ordan as Additional Independent Director

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American Realty Capital Properties, Inc. (NASDAQ: ARCP) ("ARCP" or the "Company") announced the appointment of Mark S. Ordan as an Independent Director and a member of the Audit Committee and the Nominating and Corporate Governance Committee of the Company's Board of Directors (the "Board") effective today.

"I am very pleased to have Mark join the Board of Directors, establishing a diverse and experienced reconstituted Board," said Glenn J. Rufrano, Chief Executive Officer of ARCP. "His knowledge of the real estate and retail industries, coupled with his impressive track record of leading and managing highly complex workouts and restructurings of public companies, will be a tremendous asset to our Board. This appointment demonstrates the success of our efforts in building credibility through proper corporate governance by adding strong board members with appropriate backgrounds and core competencies."

Mr. Ordan currently serves as Executive Chairman of WP Glimcher, the surviving entity following the closing of Washington Prime Group's acquisition of Glimcher, and will transition to Non-Executive Chairman effective January 1, 2016. WP Glimcher is a retail real estate investment trust ("REIT") and a recognized leader in the ownership, management, acquisition and development of mixed use, open-air and enclosed regional

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