Bellevue Capital Expands Stake in American Strategic Investment

The investment firm, led by Nicholas Schorsch, executed a series of acquisitions totaling over 4,000 shares.

December 30, 2025

Ongoing Accumulation Over Five Trading Days

Between December 22 and December 29, Bellevue Capital Partners moved decisively to expand its position in American Strategic Investment Co. (NYSE: NYC). The firm, controlled by Nicholas Schorsch, executed five separate purchases of Class A common stock, bringing in a total of 4,398 additional shares.

Each transaction was straightforward: 887 shares on four of the days, and 850 on the final day. Purchase prices ranged from $8.15 to $8.48, with each day's buy made up of multiple trades bundled at a weighted average price. These trades pushed Bellevue’s indirect holdings to 1,048,322 shares by the end of the period.

Ownership Structure and Reporting Entities

The ownership structure behind these shares runs through several layers. Bellevue Capital sits at the top, with AR Global Investments, American Realty Capital III, and New York City Special Limited Partnership making up the chain beneath it. Collectively, these entities manage the advisor that holds the reported shares.

Schorsch also holds 26,559 shares directly. While his personal stake is distinct, both his individual and indirect positions were disclosed in the same filing. The group of reporting entities, including Bellevue and its affiliates, has now crossed the 10% ownership threshold. The filing makes clear that each entity limits its claim of beneficial ownership to its specific financial interest, but the group still operates within Section 13(d) parameters.

Activity Details and Implications

No derivative securities were involved in these transactions. This was a straightforward equity acquisition, carried out methodically over consecutive trading days. The purchases suggest a continued alignment between Bellevue and the issuer—a relationship already backed by board representation and a long-standing ownership position.

For American Strategic Investment Co., the increased stake means a tighter connection with one of its most involved shareholders. For market participants, it’s a clear signal of sustained engagement at the ownership level, with the potential to shape decisions going forward.