Farkas, C-III Capital, Finalizes Deal with NAI Global
January 30, 2012 No CommentsReal Estate investment firm and its veteran CEO, Andrew Farkas , expected to close deal with NAI Global in the third quarter.
Archive for Real Estate
Colony Capital and Andrew Farkas’ C-III Capital Partners Enter Into Agreement with Grubb & Ellis Company
October 17, 2011 No CommentsA subsidiary of C-III Capital Partners, a provider of innovative real estate equity and debt solutions where Andrew Farkas serves as CEO, partnered with an affiliate of Colony Capital, a private real estate investment firm.
Andrew Farkas’ C-III Capital Partners Will Acquire NAI Global
June 26, 2011 No CommentsC-III Capital Partners LLC (C-III), a leading commercial real estate company based in Irving, Texas, finalized an agreement today to acquire NAI Global. Andrew Farkas, who leads C-III, was the founder, chairman and CEO of Insignia Financial Group, Inc, a company that managed $12.5 billion in assets at its peak.
Real Estate Mogul Launches Anubis Advisors
April 22, 2011 No CommentsWhat’s the latest from Andrew Farkas, one of the most admired men in real estate? The launch of Anubis Advisors, which handles management consulting, restructuring, distressed debt and real estate advisory. Anubis is a wholly-owned subsidiary of Island Capital Group LLC, and Andrew Farkas founded the company in 2010.
Buying Office Vacancy is Latest Real Estate Trend
April 10, 2011 No CommentsThe recent trend of buying office vacancy might be a risky one, says the National Real Estate Investor, and buyers and investors are struggling to decide if they should take their chances. Buying office vacancies is essentially betting that job creation will improve, and the future of the economy is still too shaky for everyone ...
Michael Shvo Speaks on Unique and Irreplaceable Products in Saturated Markets
March 7, 2011 No CommentsThe recession has left its traces in all industries. It has required national as well as multi-national companies to budget tighter and to set themselves apart from their competitors if they want to keep their head above the water. Among these industries is the real estate industry. It has been suffering from declining consumer spending ...
European Purchases ‘The Castle’ For $17.5 Million
March 1, 2011 No CommentsThe $17.5 million estate ‘the castle,’ as it is called by children in the neighborhood, was sold to a mystery European. The 1931 built property is 15,000-square-feet big and was designed for industrialist Frederick Cowan by architect John Lyle, who also designed the Royal Canadian Yacht Club, the Royal Alexandra Theatre and Union Station. Investors ...
Centerline Corporate Partners Closed
February 23, 2011 No CommentsCenterline Capital Group, also known as Centerline, announced the closing of its $119.25-million multi-investor Low-income Housing Tax Credit fund, Centerline Corporate Partners (CCP 38). Centerline had been sponsoring Low-income Housing Tax Credit (LIHTC) funds since 1986 and was able to generate a high amount with the closing of CCP 38. To be more specific, with ...
Luxury Home Sales Trends In California
February 6, 2011 No CommentsOverall home sales decline but luxury home sales rise for the first time in five years in California. Homes priced around $1 million and up experienced a sales increase in 2010 due to the current economic conditions. High-end home shoppers began seeking out housing, as the overall economic state improved while home prices remained the ...
Mourjan Marinas IGY is Hosting Final Nautical Flea Market
February 2, 2011 No CommentsMourjan Marinas IGY, an entity created through a strategic relationship between Andrew Farkas’ Island Global Yachting and G-Marin of Malta, is hosting its final Nautical Flea Market. The Dubai based company develops and manages luxury marinas and yachting lifestyle destinations and has recently announced the final date of the Nautical Flea Market. The final flea ...