Bellevue Capital boosts American Strategic Investment (NYC) stake with buys
Rhea-AI Filing Summary
American Strategic Investment Co. reported insider share purchases by entities affiliated with Nicholas S. Schorsch. Over four trading days from January 20–23, 2026, an affiliated holder bought 1,365 shares of Class A common stock on each day in open-market transactions at weighted average prices of $10.55, $10.77, $10.59, and $10.38 per share.
Following these purchases, Bellevue Capital Partners, LLC, which is controlled by Mr. Schorsch, is reported as directly owning 1,067,292 shares of Class A common stock indirectly for him. A related advisor entity is shown as holding an additional 520,666 shares indirectly, while 26,559 shares are owned directly by Mr. Schorsch. The reporting persons state they may be part of a group that collectively holds more than 10% of the company’s common stock and disclaim beneficial ownership beyond their pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A common stock | 1,365 | $10.38 | $14K |
| Purchase | Class A common stock | 1,365 | $10.59 | $14K |
| Purchase | Class A common stock | 1,365 | $10.77 | $15K |
| Purchase | Class A common stock | 1,365 | $10.55 | $14K |
| holding | Class A common stock | -- | -- | -- |
| holding | Class A common stock | -- | -- | -- |
Footnotes (1)
- Mr. Nicholas S. Schorsch is the sole managing member of Bellevue Capital Partners, LLC ("BCP"), who is the ultimate controlling person of the Advisor, and has voting and investment discretion with respect to the securities held of record by the Advisor. BCP is the sole member of AR Global Investments, LLC, who is the sole member of American Realty Capital III, LLC ("ARC III"). ARC III is the sole member of New York City Special Limited Partnership, LLC, who is the sole member of the Advisor, the record holder of the securities reported herein. The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $10.20-$10.65, inclusive. The Reporting Persons undertake to provide to the staff of the Securities and Exchange Commission, to any security holder of the Issuer, or to the Issuer, upon request, full information regarding the number of shares purchased at each separate price within the range set forth above. Represents shares of Class A common stock directly owned by BCP. Mr. Nicholas S. Schorsch is the sole managing member of BCP, and has voting and investment discretion with respect to the securities held of record by BCP. The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $10.53-$10.78, inclusive. The Reporting Persons undertake to provide to the staff of the Securities and Exchange Commission, to any security holder of the Issuer, or to the Issuer, upon request, full information regarding the number of shares purchased at each separate price within the range set forth above. The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $10.58-$10.59, inclusive. The Reporting Persons undertake to provide to the staff of the Securities and Exchange Commission, to any security holder of the Issuer, or to the Issuer, upon request, full information regarding the number of shares purchased at each separate price within the range set forth above. The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $10.07-$10.58 , inclusive. The Reporting Persons undertake to provide to the staff of the Securities and Exchange Commission, to any security holder of the Issuer, or to the Issuer, upon request, full information regarding the number of shares purchased at each separate price within the range set forth above. Represents shares of Class A common stock owned solely by Mr. Nicholas S. Schorsch.
FAQ
What insider activity did American Strategic Investment Co. (NYC) report?
The filing reports open-market purchases of Class A common stock by entities affiliated with Nicholas S. Schorsch, including Bellevue Capital Partners, LLC, over several days in January 2026.
Why are multiple reporting persons included in this NYC Form 4 filing?
Multiple reporting persons are included because the filing states they may be deemed to be members of a Section 13(d) group that collectively beneficially owns more than 10% of American Strategic Investment Co.’s outstanding common stock.