American Strategic CEO Michael Anderson resigns; Nicholas Schorsch Jr. appointed successor

American Strategic Investment Co.

CEO Michael Anderson resigns for personal reasons effective after 2024 10-K filing and Q4 earnings call.
Board appoints Nicholas S. Schorsch Jr. as new CEO, effective upon Anderson's departure.
Schorsch Jr. is son of Nicholas Schorsch, managing member of Bellevue Capital (owns 57.7% of common stock).
Schorsch Jr. served as COO of AR Global (company's advisor/property manager) since 2015.
Company paid advisor and property manager $12.4M in aggregate fees for 2024.

item 5.02

Executive movements

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Departed

Michael Anderson

Chief Executive Officer

NYC · American Strategic Investment Co.

Successor: Nicholas S. Schorsch, Jr.
Filed: March 7, 2025, 6:59 PM ET

Michael Anderson notified the board of directors (the “Board”) of American Strategic Investment Co. (the “Company”) that he intends to resign from his position as Chief Executive Officer (Principal Executive Officer) of the Company for personal reasons

Appointed

Nicholas S. Schorsch, Jr.

Chief Executive Officer

NYC · American Strategic Investment Co.

Filed: March 7, 2025, 6:59 PM ET

the Board appointed Mr. Nicholas S. Schorsch, Jr. as the Chief Executive Officer (Principal Executive Officer) of the Company, effective on the effectiveness of Mr. Anderson’s resignation.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Michael Anderson resigned as Chief Executive Officer at American Strategic Investment Co..

Action: resigned
Role: Chief Executive Officer

Exact text from the filing

Michael Anderson notified the board of directors (the “Board”) of American Strategic Investment Co. (the “Company”) that he intends to resign from his position as Chief Executive Officer (Principal Executive Officer) of the Company for personal reasons

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Nicholas S. Schorsch, Jr. was appointed as Chief Executive Officer at American Strategic Investment Co..

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

the Board appointed Mr. Nicholas S. Schorsch, Jr. as the Chief Executive Officer (Principal Executive Officer) of the Company, effective on the effectiveness of Mr. Anderson’s resignation.

View on SEC.gov

American Strategic Investment Co. filing history →

Source: SEC EDGAR

accession 0001104659-25-021761

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