News

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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U.S. Residential Group Expands into Illinois, Ohio and Kentucky

Posted on 9/2/2014 by SuperUser Account

U.S. Residential Group LLC - a national full-service, fee-based multifamily management company for conventional and affordable apartments - has been chosen by a Cleveland-based private real estate investment group to manage a portfolio of conventional apartment communities consisting of 10 communities located in Illinois, Ohio and Kentucky.

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NAI Global Market Outlook Shows Commercial Real Estate Growth Opportunities

Posted on 5/8/2014 by SuperUser Account in NAI Global

BEVERLY HILLS, CA – May 8, 2014 – As global markets continue to emerge from the economic downturn, recovery of the commercial real estate market will drive unfathomable flows of capital, according to Dr. Peter Linneman, Chief Economist at NAI Global. His remarks were delivered to a group of nearly 700 individuals from NAI Global firms and their clients this week at the NAI Global Market Outlook event. Dr. Linneman was joined by Jay Olshonsky, President of NAI Global and Mauro Keller Sarmiento, NAI Global Executive Managing Director of International Business. The presentation was opened by special guest Richard Ziman, Founding Chairman of Rexford Industrial Realty, Inc. and Founding Member of the UCLA Ziman Center for Real Estate.

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U.S. Residential Group Jumps to #32 in NMHC's 2014 Top 50 Apartment Management Companies List

Posted on 4/8/2014 by SuperUser Account in Property Management US Residential Group

U.S. Residential Group LLC - a national full-service, fee-based multifamily management company for conventional and affordable apartments - has once again been named as one of the top apartment management companies in the United States. The National Multi Housing Council released its 2014 Top 50 Apartment Management Companies list and U.S. Residential ranked #32. The 2014 rank represents a jump of 15 spots over 2013 and was the largest move by any company in the list.

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NAI Global Ranked Among Top Five Commercial Real Estate Brands in the 13th Annual Lipsey Survey

Posted on 3/5/2014 by SuperUser Account in NAI Global

NAI Global, the world’s largest, most powerful network of owner-operated commercial real estate firms, earned the top five spot in the 2014 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. NAI Global is the only commercial real estate network represented in the top five.

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U.S. Residential Group Lands Six Apartment Communities

Posted on 2/20/2014 by SuperUser Account

U.S. Residential Group LLC - a national full-service, fee-based multifamily management company - has been selected by five different investment groups to manage their recent multifamily acquisitions in Texas and California.

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U.S. Residential Group's Growth Tops 25% in 2013

Posted on 1/16/2014 by SuperUser Account in US Residential Group

U.S. Residential Group LLC - a national full-service, fee-based multifamily management company - saw its portfolio increase in 2013 by over 25% and its management services area expand by 4 states taking their total to 16.

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Autumn Harvest Yields 1,300 Units for U.S. Residential Group

Posted on 10/22/2013 by SuperUser Account in Property Management US Residential Group

U.S. Residential Group LLC - a national full-service, fee-based multifamily management company - has been selected to manage 1,300 conventional and affordable units located in California, Florida, Maryland and Virginia.

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