News

U.S. Residential Group LLC - a full-service, fee-based multifamily management company - has been retained by 6 different investment groups to manage 8 multifamily communities in Arizona, California and Texas.

U.S. Residential Group LLC - a full-service, fee-based multifamily management company - has been retained by 4 different investment groups to manage 6 multifamily communities located in Connecticut, California, Tennessee and Texas.

U.S. Residential Group LLC - a full-service, fee-based multifamily management company - has been retained by 4 different investment groups to manage 7 multifamily communities located in Arizona, California and Texas.

U.S. Residential Group LLC - a full-service, fee-based multifamily management company affiliated with C-III Capital Partners LLC - has expanded into Virginia by taking on two tax credit communities located in the Richmond area. These 1990's vintage properties were recently acquired by an existing client - a private national multifamily investment company.

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.

NEW YORK, NY, August 30, 2011 — C-III Capital Partners LLC (C-III) announced today that it has acquired the commercial real estate special servicing and CDO management businesses of JER Partners (JER), a private real estate investment management company. JER is the named special servicer for $35.5 billion of commercial real estate loans, of which approximately $4 billion is currently in special servicing and under active management.

NEW YORK, NY, June 22, 2011 — C-III Capital Partners LLC (C-III) announced today that it has entered into a definitive agreement to acquire NAI Global, the largest and premier network of independent commercial real estate firms worldwide. C-III is led by Andrew L. Farkas, who founded and was Chairman and CEO of Insignia Financial Group, Inc. (NYSE:IFS). NAI Global will continue to operate as a separate company under its current management following the acquisition.