NEW YORK, Nov. 24, 2014 /PRNewswire/ -- American Realty Capital Trust V, Inc. (the "Company") announced today that on November 19, 2014, the Company's board of directors (the "Board") approved an estimated per share net asset value ("NAV") of the Company's common stock of $23.50 based on the estimated value of the Company's assets less the estimated value of the Company's liabilities divided by the number of shares outstanding, as of September 30, 2014. Prior to the approval of an estimated NAV, the average price paid for outstanding shares of the Company's common stock was $24.70 per share, reflecting issuances under the DRIP as well as any volume discounts.