News

Resource Credit Income Fund Reaches Milestone Anniversary

Posted on 4/17/2018 by in Resource Credit Income Fund

Philadelphia, PA (April 17, 2018) – Today, Resource Credit Income Fund (the “Fund”), a closed-end interval fund managed by Resource Alternative Advisor, LLC (“Resource”), celebrates its third anniversary, distinguishing its track record in the credit interval fund universe.

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Resource Apartment REIT III, Inc. Purchases Tramore Village

Posted on 3/23/2018 by in Apartment REIT III

Philadelphia, PA (March 23, 2018) – On March 22, Resource Apartment REIT III, Inc. (the “REIT”), through a wholly owned subsidiary, completed the purchase of Tramore Village in Austell, Georgia. Built in 1999, the 324-unit community features numerous amenities, including two swimming pools, a fitness center, and a lighted tennis court. Tramore Village fronts the highly-trafficked East-West Connector, offering a quick commute to over 450,000 jobs and 25 million square feet of Class A office space along metropolitan Atlanta’s I-75 corridor.

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Resource Apartment REIT III, Inc. Under Contract to Acquire Tramore Village; An Apartment Community in the Atlanta Metropolitan Area

Posted on 2/14/2018 by in Apartment REIT III

Philadelphia, PA (February 14, 2018) – On February 12, 2018, Resource Apartment REIT III, Inc. (the “Company”), through its operating partnership, entered into an agreement to purchase Tramore Village, a 324-unit apartment community located in Austell, Georgia, a fast-growing submarket of Atlanta.

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Resource Real Estate Diversified Income Fund (RREDX) Announces Quarterly Distribution

Posted on 1/18/2018 by in Resource Real Estate DIF

Philadelphia, PA (January 18, 2018) – Today, Resource Real Estate Diversified Income Fund (the “Fund,” ticker RREDX) announced its quarterly distribution of $0.15* per share as of December 31, 2017. This represents a 5.9 percent distribution, placing it in excess of the Fund’s target of 5 percent.** This is the nineteenth consecutive quarterly distribution that has exceeded the Fund’s target yield. The Fund began trading on March 12, 2013, and closed the quarter as of December 31, 2017 with an inception-to-date cumulative total return of 34.9 percent.

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Resource Credit Income Fund (RCIAX) Announces Quarterly Distribution

Posted on 1/18/2018 by in Resource Credit Income Fund

Philadelphia, PA (January 18, 2018) – Today, Resource Credit Income Fund (the “Fund,” ticker RCIAX) announced its quarterly distribution of $0.175* per share as of December 31, 2017. This represents a 6.3 percent distribution and is the seventh consecutive quarterly distribution. The Fund began trading on April 17, 2015 and closed the quarter as of December 31, 2017 with an inception-to-date cumulative total return of 24.3 percent.

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Andrew Farkas Named to Commercial Observer Power 50

Posted on 4/5/2017 by

Andrew Farkas has been named one of the 50 most important figures of commercial real estate finance by the Commercial Observer.

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U.S. Residential Group LLC and Resource Residential Combine Operations to Create Leading U.S. Property Management Company

Posted on 1/23/2017 by

U.S. Residential Group LLC (“US Residential”), a national full-service, fee-based management company for conventional and affordable multi-housing communities, and a subsidiary of C-III Capital Partners (“C-III”), announced today that it has combined its operations with Resource Residential, a former business unit of Resource America, Inc. The combination of US Residential and Resource Residential follows C-III’s acquisition of Resource America, Inc., in September 2016.

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C-III Capital Partners LLC Completes Acquisition of Resource America, Inc.

Posted on 9/8/2016 by in Acquisitions

New York, NY- September 8, 2016— C-III Capital Partners LLC (“C-III”), a leading commercial real estate investment management company, announced today that it has successfully completed its acquisition of Resource America, Inc. (NASDAQ: REXI) (“Resource America”) as of September 8, 2016.

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C-III Realty Services Combined into NAI Global to Fortify Leadership Position in Commercial Real Estate Services

Posted on 5/3/2016 by SuperUser Account

C-III Realty Services Adds Institutional Capital Markets Strength to NAI Global’s Brokerage Platform

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U.S. Residential listed as one of National Multifamily Housing Council’s 50 Largest Apartment Managers

Posted on 4/16/2016 by

US Residential Ranked in the top 50 managers for 2016 by National Multifamily Housing Council

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