{"id":1004106769,"date":"2014-11-04T07:24:54","date_gmt":"2014-11-04T15:24:54","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004106769"},"modified":"2022-12-04T05:02:42","modified_gmt":"2022-12-04T13:02:42","slug":"rcss-withdrawal-from-cole-purchase-latest-fallout-from-arcps-accounting-woes","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/rcss-withdrawal-from-cole-purchase-latest-fallout-from-arcps-accounting-woes\/","title":{"rendered":"RCS’s Withdrawal from Cole Purchase: Latest Fallout from ARCP\u2019s Accounting Woes"},"content":{"rendered":"

By Scott Baltic, Contributing Editor<\/i><\/p>\n

\"Nicholas<\/a>

Nicholas Schorsch, ARCP<\/p><\/div>\n

The brevity of yesterday\u2019s press release by RCS Capital Corp., announcing that it was canceling its planned acquisition of Cole Capital Partners L.L.C. and Cole Capital Advisors Inc. from RCS\u2019 sibling company American Realty Capital Properties Inc. (the release was just two paragraphs), was in stark contrast to the announcement\u2019s impact.<\/p>\n

The cancellation of what was to have been a $700 million transaction, and that would have been the latest in a string of headline-making transactions for the high-flying REIT, was also just the latest shock to ARCP, which has been jolted by bad news multiple times in the past week. Since Oct. 29, ARCP has seen an accounting scandal burst and the specter of federal investigations as well as ratings downgrades.<\/p>\n

Later yesterday, nonetheless, ARCP fired back, stating that \u201cRCS has no right and there is absolutely no basis for RCS to terminate the agreement. Therefore, RCS\u2019s attempt to terminate the agreement constitutes a breach of the agreement.\u201d<\/p>\n

As of press time, RCS Capital (RCAP) had not responded to Commercial Property Executive<\/i>\u2019s request for further information.<\/p>\n

Here\u2019s a quick recap of the recent developments:<\/p>\n

\u2022 Barely a month ago, it was announced that RCA Capital would buy Cole Capital from ARCP, which had acquired the private capital management company as part of the $11.2 billion deal in which ARCP merged with former competitor Cole Real Estate Investments Inc.<\/p>\n

New ARCP president David Kay touted the Cole Capital sale as greatly simplifying ARCP\u2019s business model, and in a conference call, RCAP CEO Michael Weil called the deal a \u201cwin for both companies.\u201d<\/p>\n

At the center of all this, in spirit at least, was Nicholas Schorsch, former CEO and current chairman of ARCP and also executive chairman of RCAP, who had led ARCP through a $15 billion, three-year string of acquisitions to become the world\u2019s largest net-lease REIT.<\/p>\n

\u2022\u00a0 But last Wednesday, Oct. 29, ARCP\u2019s chief financial and chief accounting officers, Brian Block and Lisa McAllister, resigned after ARCP admitted that errors in financial statements as recently as the second quarter \u201cshould no longer be relied upon.\u201d<\/a> At issue, reportedly, were certain AFFO (adjusted funds from operations) figures that had been overstated and intentionally not corrected.<\/p>\n

Fiscal 2013 financial statements were still under investigation by ARCP\u2019s audit committee, and of course ARCP\u2019s stock price took a major hit. In addition, S&P stated that it would examine the ARCP situation more closely.<\/p>\n

\u2022 The next day, as the stock continued to fall, Moody\u2019s too put ARCP\u2019s rating under review, amid media reports that the SEC would begin an investigation<\/a>.<\/p>\n

Among the latest developments, last Friday evening, Reuters exclusively reported that ARCP faces a criminal investigation over the accounting lapse, by the FBI in conjunction with the U.S. Attorney\u2019s Office in New York.<\/p>\n

Yesterday, Ladenburg Thalman suspended research coverage on ARCP, citing the federal investigations and concluding that the various risks involved are \u201cunquantifiable.\u201d<\/p>\n

In its Monday TreppWire report, Trepp L.L.C. summarized its unofficial assessment of CMBS exposure to loans made to ARCP and to Cole Capital. It reportedly found that \u201cThe biggest intersection between CMBS and ARCP is the early 2014 deal known as DBCCR 2014-ARCP. The $620 million, 10-year fixed rate loan is collateralized by 82 ARCP properties across the U.S. and Puerto Rico.\u201d<\/p>\n

\u201cThe greatest exposure to ARCP,\u201d TreppWire continued, \u201cappears to be from properties it acquired as part of its purchase of Cole Capital earlier in the year … The totals are sizable\u201d: more than 120 loans totaling at least $1.9 billion, about two-thirds from CMBS deals since 2010.<\/p>\n

TreppWire noted that \u201cAny problems with ARCP will not necessarily translate to problems for the CMBS loans. The notes themselves are backed primarily by leases that serve as the support for the loans.\u201d In addition, a Trepp representative emphasized to CPE<\/i> that the firm\u2019s research so far is not definitive.<\/p>\n","protected":false},"excerpt":{"rendered":"

The brevity of yesterday\u2019s press release by RCS Capital, announcing it was canceling its planned acquisition of Cole Capital Partners and Cole Capital Advisors from RCS\u2019 sibling company ARCP, was in stark contrast to the announcement\u2019s impact. <\/p>\n","protected":false},"author":952,"featured_media":1004036963,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742],"tags":[],"class_list":["post-1004106769","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest"],"acf":[],"yoast_head":"\nRCS's Withdrawal from Cole Purchase: Latest Fallout from ARCP\u2019s Accounting Woes - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/rcss-withdrawal-from-cole-purchase-latest-fallout-from-arcps-accounting-woes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RCS's Withdrawal from Cole Purchase: Latest Fallout from ARCP\u2019s Accounting Woes\" \/>\n<meta property=\"og:description\" content=\"The brevity of yesterday\u2019s press release by RCS Capital, announcing it was canceling its planned acquisition of Cole Capital Partners and Cole Capital Advisors from RCS\u2019 sibling company ARCP, was in stark contrast to the announcement\u2019s impact.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/rcss-withdrawal-from-cole-purchase-latest-fallout-from-arcps-accounting-woes\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2014-11-04T15:24:54+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-04T13:02:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2012\/03\/030212-American-Realty-Capital-Nicholas-Schorsch.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"480\" \/>\n\t<meta property=\"og:image:height\" content=\"270\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Anna Spiewak\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/rcss-withdrawal-from-cole-purchase-latest-fallout-from-arcps-accounting-woes\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/rcss-withdrawal-from-cole-purchase-latest-fallout-from-arcps-accounting-woes\\\/\"},\"author\":{\"name\":\"Anna Spiewak\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/1bbb99675c2609ea2e6792f8b25d7b76\"},\"headline\":\"RCS’s Withdrawal from Cole Purchase: Latest Fallout from ARCP\u2019s Accounting Woes\",\"datePublished\":\"2014-11-04T15:24:54+00:00\",\"dateModified\":\"2022-12-04T13:02:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/rcss-withdrawal-from-cole-purchase-latest-fallout-from-arcps-accounting-woes\\\/\"},\"wordCount\":674,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/rcss-withdrawal-from-cole-purchase-latest-fallout-from-arcps-accounting-woes\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2012\\\/03\\\/030212-American-Realty-Capital-Nicholas-Schorsch.jpg\",\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/rcss-withdrawal-from-cole-purchase-latest-fallout-from-arcps-accounting-woes\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/rcss-withdrawal-from-cole-purchase-latest-fallout-from-arcps-accounting-woes\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/rcss-withdrawal-from-cole-purchase-latest-fallout-from-arcps-accounting-woes\\\/\",\"name\":\"RCS's Withdrawal from Cole Purchase: Latest Fallout from ARCP\u2019s Accounting Woes - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/rcss-withdrawal-from-cole-purchase-latest-fallout-from-arcps-accounting-woes\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/rcss-withdrawal-from-cole-purchase-latest-fallout-from-arcps-accounting-woes\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2012\\\/03\\\/030212-American-Realty-Capital-Nicholas-Schorsch.jpg\",\"datePublished\":\"2014-11-04T15:24:54+00:00\",\"dateModified\":\"2022-12-04T13:02:42+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/1bbb99675c2609ea2e6792f8b25d7b76\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/rcss-withdrawal-from-cole-purchase-latest-fallout-from-arcps-accounting-woes\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/rcss-withdrawal-from-cole-purchase-latest-fallout-from-arcps-accounting-woes\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/rcss-withdrawal-from-cole-purchase-latest-fallout-from-arcps-accounting-woes\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2012\\\/03\\\/030212-American-Realty-Capital-Nicholas-Schorsch.jpg\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2012\\\/03\\\/030212-American-Realty-Capital-Nicholas-Schorsch.jpg\",\"width\":\"480\",\"height\":\"270\",\"caption\":\"Nicholas Schorsch, ARCP's chairman & CEO\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/rcss-withdrawal-from-cole-purchase-latest-fallout-from-arcps-accounting-woes\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"RCS’s Withdrawal from Cole Purchase: Latest Fallout from ARCP\u2019s Accounting Woes\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/1bbb99675c2609ea2e6792f8b25d7b76\",\"name\":\"Anna Spiewak\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/ca81c045f3cbec45b685f13082ecf7d9870a1909fe3ec2d4d15b1dea4897f406?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/ca81c045f3cbec45b685f13082ecf7d9870a1909fe3ec2d4d15b1dea4897f406?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/ca81c045f3cbec45b685f13082ecf7d9870a1909fe3ec2d4d15b1dea4897f406?s=96&d=mm&r=g\",\"caption\":\"Anna Spiewak\"},\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/annaspiewak\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"RCS's Withdrawal from Cole Purchase: Latest Fallout from ARCP\u2019s Accounting Woes - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/rcss-withdrawal-from-cole-purchase-latest-fallout-from-arcps-accounting-woes\/","og_locale":"en_US","og_type":"article","og_title":"RCS's Withdrawal from Cole Purchase: Latest Fallout from ARCP\u2019s Accounting Woes","og_description":"The brevity of yesterday\u2019s press release by RCS Capital, announcing it was canceling its planned acquisition of Cole Capital Partners and Cole Capital Advisors from RCS\u2019 sibling company ARCP, was in stark contrast to the announcement\u2019s impact.","og_url":"https:\/\/www.commercialsearch.com\/news\/rcss-withdrawal-from-cole-purchase-latest-fallout-from-arcps-accounting-woes\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2014-11-04T15:24:54+00:00","article_modified_time":"2022-12-04T13:02:42+00:00","og_image":[{"width":480,"height":270,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2012\/03\/030212-American-Realty-Capital-Nicholas-Schorsch.jpg","type":"image\/jpeg"}],"author":"Anna Spiewak","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/rcss-withdrawal-from-cole-purchase-latest-fallout-from-arcps-accounting-woes\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/rcss-withdrawal-from-cole-purchase-latest-fallout-from-arcps-accounting-woes\/"},"author":{"name":"Anna Spiewak","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1bbb99675c2609ea2e6792f8b25d7b76"},"headline":"RCS’s Withdrawal from Cole Purchase: Latest Fallout from ARCP\u2019s Accounting Woes","datePublished":"2014-11-04T15:24:54+00:00","dateModified":"2022-12-04T13:02:42+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/rcss-withdrawal-from-cole-purchase-latest-fallout-from-arcps-accounting-woes\/"},"wordCount":674,"commentCount":0,"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/rcss-withdrawal-from-cole-purchase-latest-fallout-from-arcps-accounting-woes\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2012\/03\/030212-American-Realty-Capital-Nicholas-Schorsch.jpg","articleSection":["News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.commercialsearch.com\/news\/rcss-withdrawal-from-cole-purchase-latest-fallout-from-arcps-accounting-woes\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/rcss-withdrawal-from-cole-purchase-latest-fallout-from-arcps-accounting-woes\/","url":"https:\/\/www.commercialsearch.com\/news\/rcss-withdrawal-from-cole-purchase-latest-fallout-from-arcps-accounting-woes\/","name":"RCS's Withdrawal from Cole Purchase: Latest Fallout from ARCP\u2019s Accounting Woes - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/rcss-withdrawal-from-cole-purchase-latest-fallout-from-arcps-accounting-woes\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/rcss-withdrawal-from-cole-purchase-latest-fallout-from-arcps-accounting-woes\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2012\/03\/030212-American-Realty-Capital-Nicholas-Schorsch.jpg","datePublished":"2014-11-04T15:24:54+00:00","dateModified":"2022-12-04T13:02:42+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1bbb99675c2609ea2e6792f8b25d7b76"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/rcss-withdrawal-from-cole-purchase-latest-fallout-from-arcps-accounting-woes\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/rcss-withdrawal-from-cole-purchase-latest-fallout-from-arcps-accounting-woes\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/rcss-withdrawal-from-cole-purchase-latest-fallout-from-arcps-accounting-woes\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2012\/03\/030212-American-Realty-Capital-Nicholas-Schorsch.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2012\/03\/030212-American-Realty-Capital-Nicholas-Schorsch.jpg","width":"480","height":"270","caption":"Nicholas Schorsch, ARCP's chairman & CEO"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/rcss-withdrawal-from-cole-purchase-latest-fallout-from-arcps-accounting-woes\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"RCS’s Withdrawal from Cole Purchase: Latest Fallout from ARCP\u2019s Accounting Woes"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1bbb99675c2609ea2e6792f8b25d7b76","name":"Anna Spiewak","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/ca81c045f3cbec45b685f13082ecf7d9870a1909fe3ec2d4d15b1dea4897f406?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/ca81c045f3cbec45b685f13082ecf7d9870a1909fe3ec2d4d15b1dea4897f406?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/ca81c045f3cbec45b685f13082ecf7d9870a1909fe3ec2d4d15b1dea4897f406?s=96&d=mm&r=g","caption":"Anna Spiewak"},"url":"https:\/\/www.commercialsearch.com\/news\/author\/annaspiewak\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2012\/03\/030212-American-Realty-Capital-Nicholas-Schorsch.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004106769","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/952"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004106769"}],"version-history":[{"count":1,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004106769\/revisions"}],"predecessor-version":[{"id":1004621410,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004106769\/revisions\/1004621410"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004036963"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004106769"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004106769"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004106769"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}