NEW YORK, November 30, 2012 – NAI Global, the world’s premier managed network of commercial real estate firms and one of the largest real estate services firms worldwide, announced today that Jay Olshonsky has been appointed President of NAI Global and will report directly to Geoff Woodward, Senior Managing Director of C-III Capital Partners, the parent company of NAI Global. Mr. Olshonsky is replacing Jeffrey Finn as the senior executive at the Firm. Mr. Finn will serve as an advisor throughout a transition period.
C-III Capital Partners LLC (C-III) announced today that it has completed its previously announced acquisition of NAI Global, the largest and premier network of independent commercial real estate firms worldwide.
IRVING, TX, November 15, 2011— C-III Capital Partners LLC (C-III) announced today that it has acquired two affiliated multifamily property management businesses – U.S. Residential Group (USRG), based in Carrollton, Texas, and Pacific West Management (PWM), based in Irvine, CA. Together, USRG and PWM currently manage approximately 24,000 multifamily units located in 12 states. In connection with the acquisitions, the operations of USRG and PWM have been combined and will operate as a subsidiary of C-III under the U.S. Residential Group name, and the company will continue to operate under the leadership of its current management team headed by Alan R. Fenstermacher.
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