News

Resource Real Estate, LLC Responds to COVID-19

Posted on 3/30/2020 by in Resource Real Estate

Resource Real Estate, LLC (“Resource”), as the sponsor of Resource Real Estate Opportunity REIT, Inc., Resource Real Estate Opportunity REIT II, Inc., and Resource Apartment REIT III, Inc. (collectively the “REITs”), announces the following statement regarding the management of these companies.

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Resource Credit Income Fund (RCIAX) Announces Quarterly Distribution

Posted on 10/3/2019 by in Resource Credit Income Fund

PHILADELPHIA, Oct. 03, 2019 (GLOBE NEWSWIRE) -- Resource Credit Income Fund (the “Fund,” ticker RCIAX) today announced its quarterly distribution of $0.175* per share as of September 30, 2019. This represents a 6.48 percent annualized quarterly distribution. The Fund began trading on April 17, 2015 and closed the quarter as of September 30, 2019 with an inception-to-date cumulative total return of 35.58 percent.

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Resource Credit Income Fund (RCIAX) Announces Quarterly Distribution

Posted on 7/2/2019 by in Resource Credit Income Fund

PHILADELPHIA, July 02, 2019 (GLOBE NEWSWIRE) -- Resource Credit Income Fund (the “Fund,” ticker RCIAX) today announced its quarterly distribution of $0.175* per share as of June 30, 2019. This represents a 6.4 percent annualized quarterly distribution. The Fund began trading on April 17, 2015 and closed the quarter as of June 30, 2019 with an inception-to-date cumulative total return of 35.15 percent.

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Resource Apartment REIT III, Inc. Purchases The Summit

Posted on 6/26/2019 by in Apartment REIT III

PHILADELPHIA, June 26, 2019 (GLOBE NEWSWIRE) -- Resource Apartment REIT III, Inc. (the “REIT”), through its operating partnership, completed the purchase of The Summit, a 141-unit high-rise apartment community located in Alexandria, Virginia, a suburb of Washington, D.C. Built in 1976, The Summit features spacious floorplans and an amenity package that includes a fitness center and an outdoor pool with seating and lounge areas.

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Morningstar Credit Ratings Affirms MOR CS1 Commercial Mortgage Special-Servicer Ranking and MOR CS2 Commercial Mortgage Primary-Servicer Ranking for C-III Asset Management

Posted on 5/23/2019 by in C-III Capital Partners

Morningstar Credit Ratings, LLC today affirmed its MOR CS1 commercial mortgage special-servicer ranking and MOR CS2 commercial mortgage primary-servicer ranking for C-III Asset Management LLC, a wholly owned subsidiary of C-III Capital Partners LLC. Morningstar’s forecast for both rankings remains Stable.

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Resource Credit Income Fund (RCIAX) Announces Quarterly Distribution

Posted on 4/4/2019 by in Resource Credit Income Fund

PHILADELPHIA, April 04, 2019 (GLOBE NEWSWIRE) -- Resource Credit Income Fund (the “Fund,” ticker RCIAX) today announced its quarterly distribution of $0.175* per share as of March 31, 2019. This represents a 6.5 percent annualized quarterly distribution. The Fund began trading on April 17, 2015 and closed the quarter as of March 31, 2019 with an inception-to-date cumulative total return of 31.44 percent.

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NAI Global Ranked Among Top Five Commercial Real Estate Brands in the 18th Annual Lipsey Survey

Posted on 2/20/2019 by in NAI Global

NAI Global, a leading, global commercial real estate firm, earned the top four spot in the 2019 Lipsey Survey of Top 25 Commercial Real Estate Brands. The survey was conducted among 100,000 commercial real estate professionals using a combination of ballot voting, phone interviews and focus groups to identify the top global brands.

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Resource Apartment REIT III, Inc. Purchases Wimbledon Oaks; Offering Dallas/Fort Worth Suburban Living with Big City Perks

Posted on 2/14/2019 by in Apartment REIT III

Resource Apartment REIT III, Inc. (the “REIT”), through its operating partnership, completed the purchase of Wimbledon Oaks, an apartment community located in Arlington, Texas, directly in-between Dallas and Fort Worth. Built in 1986, the 248-unit community features spacious floorplans along with amenities that include a resort-style swimming pool, 24-hour fitness center, and a clubhouse with community kitchen.

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NAI Global Continues to Grow and Expand its Platform

Posted on 2/4/2019 by in NAI Global

NAI has added 17 New Offices in Recent Months

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NAI Global Announces 2019 NAI Leadership Board

Posted on 1/29/2019 by in NAI Global

NAI Global, a leading global commercial real estate brokerage firm, today announced its members of the 2019 NAI Leadership Board.

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