News

The Managed Network of Owners

Posted on 6/29/2015 by SuperUser Account

Now under the institutional ownership of C-III Capital, NAI Global combines greater reach with its members’ entrepreneurial spirit.

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NAI Global Market Outlook Focuses on Growth of US Commercial Real Estate Market

Posted on 6/19/2015 by SuperUser Account

New York, NY – June 19, 2015 –The outlook for the commercial real estate market appears stronger in the US than the rest of the world. That was the shared consensus between Sam Zell, Chairman of Equity Group International and Dr. Peter Linneman, NAI Global Chief Economist. The two renowned real estate experts were featured on a panel discussion in Chicago this week at the annual NAI Global Market Outlook. Over 550 individuals from NAI Global Member firms and their clients attended the event.

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U.S. Residential Group Appoints Industry Veteran Stephanie Brock as President

Posted on 5/12/2015 by SuperUser Account

U.S. Residential Group LLC, a leading national full-service, fee-based multifamily management company for conventional and affordable apartments, today announced that multifamily property management veteran, Stephanie Brock, CPM, has joined the firm as President.

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With Expansion Into Oklahoma, U.S. Residential Group Eclipses 40,000 Units Managed

Posted on 5/11/2015 by SuperUser Account

U.S. Residential Group LLC - a national full-service, fee-based multifamily management company for conventional and affordable apartments - expands its management into Oklahoma. With this growth, USRG has topped 40,000 units under management.

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U.S. Residential Group Taps Industry Veteran, Proffitt, as COO

Posted on 4/8/2015 by SuperUser Account

U.S. Residential Group LLC - a national full-service, fee-based multifamily management company for conventional and affordable apartments - is pleased to announce that multifamily veteran, Loyal Proffitt, has joined the company as Chief Operating Officer. Loyal will be based out of the Plano, Texas office and will oversee the day-to-day operations of USRG's national platform.

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Roberts Realty Investors, Inc. Closes Investment by Affiliate of Avenue Capital Group and Island Capital Group

Posted on 2/2/2015 by SuperUser Account

Company Renamed ACRE Realty Investors Inc. Will Commence Trading Under New Ticker Symbol “AIII” on Monday, February 2, 2015

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U.S. Residential Group Adds 1,900 Units in 6 States

Posted on 12/29/2014 by SuperUser Account

U.S. Residential Group LLC - a national full-service, fee-based multifamily management company for conventional and affordable apartments - has been selected by six ownership groups to manage their respective market-rate and affordable communities totaling over 1,900 units in California, Illinois, Nevada, Ohio, Virginia and Washington.

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Roberts Realty Investors, Inc. Announces Agreement For $12 Million Investment By Affiliates Of Avenue Capital Group And Island Capital Group

Posted on 11/19/2014 by SuperUser Account

ATLANTA, Nov. 19, 2014 /PRNewswire/ -- Roberts Realty Investors, Inc. (NYSE MKT: RPI) (the "Company") today announced that it has signed a definitive stock purchase agreement with A-III Investment Partners LLC (A-III), a joint venture between affiliates of Avenue Capital Group and C-III Capital Partners LLC, which is controlled by Island Capital Group LLC. Under the agreement, A-III has agreed to purchase $12.0 million of the Company's common stock at a purchase price per share to be determined based on an estimate of the Company's closing date net asset value, which is currently expected to be approximately $1.40 per share. At the closing, the Company also would issue to A-III warrants to purchase up to an additional $38.0 million of the Company's common stock at an exercise price equal to the same purchase price per share. The actual purchase price for the shares, number of shares to be issued and exercise price of the warrants will be determined immediately before closing and will be subject to a post-closing adjustment upon the sale of the Company's four existing properties as discussed further below.

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NAI Global Announces New Member Firm in New York City

Posted on 11/12/2014 by SuperUser Account

EVO Real Estate Group Joins Largest Independent Commercial Real Estate Network

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U.S. Residential Group Adds 2,100 Units; Enters Utah Market

Posted on 10/20/2014 by SuperUser Account

U.S. Residential Group LLC - a national full-service, fee-based multifamily management company for conventional and affordable apartments - has been selected by seven ownership groups to manage their respective market-rate and affordable communities totaling over 2,100 units in Arizona, California, Florida, Texas, Utah and Virginia.

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