C-III Capital Partners A Fully Integrated Asset Management & Commercial Real Estate Services Company
A MESSAGE FROM
ANDREW FARKAS Since the formative transaction that created C-III Capital Partners in 2010, we have grown C-III into a fully-diversified asset management and commercial real estate services company. Both organically and through acquisitions, we have successfully expanded our platform throughout the U.S. to include fund management, principal investment, mortgage origination, loan servicing, investment sales, property management and brokerage. Our most recent acquisition, Resource America, increases our assets under management to over $8 billion and opens new fundraising opportunities. In addition, it enhances our access to market data, which is complementary to our leading position as one of the largest special servicers in the U.S. with approximately $60 billion in commercial real estate debt managed. Combined, we are also one of the top thirty multifamily property managers in the nation, managing over 43,000 apartment units. These components are integral to our objective of delivering superior, long term returns to our investors by creating alpha within the commercial real estate industry. With a leadership team that has been together for over 20 years and successfully built one of the largest fully-integrated real estate services companies, we use our expertise, experience and platform to further enhance our track record.
Andrew L. Farkas Chairman and Chief Executive Officer C-III Capital Partners
CAPITAL MARKETS
Property & Note Sales Mortgage Advisory Acquisition Advisory
INVESTMENT EXPERTISE
Asset Management Property & Loan Acquisition Loan Origination Joint Venture Equity CMBS & CDO Securities Acquisition
REAL ESTATE SERVICES
Investment Sales Global Marketplace Online & Sealed Bid Auctions Loan Servicing & Asset Management Property Management Leasing Tenant Representation Zoning Reports
SEAMLESS EXECUTION C-III Commercial Mortgage Loan Origination
Loan Servicing & Asset Management
• Full service real estate lender providing both fixed rate and floating rate, short term (bridge) and long term mortgage loans.
• We also provide mezzanine loans and other subordinate debt financing.
• All multifamily and commercial property types throughout the U.S.
• Agency lending relationships provide access to Fannie Mae, Freddie Mac and FHA loan products.
• Since inception in 2010, C-III Commercial
Mortgage has originated over $5.3 billion.
www.c3cm.com
C-III Asset Management
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• Highly rated primary and special servicer of commercial real estate loans for third party portfolio owners, CMBS trusts, CDO vehicles, government agencies and C-III Capital Partners and its affiliates.
• Charged with resolving troubled or defaulted assets in order to maximize recovery.
• C-III Asset Management is the named special
servicer for 140 CMBS and CDO issuers, which have approximately $60 billion of bonds collateralized by over 8,200 underlying properties.
• C-III has resolved over $47 billion of distressed and non-performing loans which represents over 4,900 assets and 358 million square feet of commercial real estate. www.c3assetmanagement.com
DIVERSIFIED REAL ESTATE SERVICES
&
VA LUE CREATION
C-III Investment Management
Institutional Investment Management
• Investments include commercial real estate equity,
distressed commercial real estate mortgage loans, commercial mortgage-backed securities (CMBS), collateralized debt obligation securities (CDOs), whole loans, B-notes and mezzanine debt.
• Registered investment adviser that has raised $1.3 billion of equity capital since inception in 2010.
• As of December 31, 2016, C-III Investment
Management managed 24 investment vehicles.
• Since inception, C-III’s commercial real estate equity funds have acquired >100 investments, including 167 properties comprised of more than 17,000 apartment units, in excess of 6 million SF of office, over 2.5 million SF of retail, 700+ hotel keys and approximately 2 million SF of industrial space.
• Total AUM of approximately $4 billion. • Institutional capital raising. www.c3im.com
Alternative Asset Management
• Resource America, Inc. is an asset management company that specializes in real estate and credit investments. Resource America’s investments emphasize consistent value creation and long-term returns with an income orientation.
• Resource Securities, Inc., a wholly-owned subsidiary of Resource America, has raised approximately $1.4 billion in the aggregate through a network of multiple independent broker-dealers.
• Resource America has over $4 billion AUM. • Mortgage originations of $3.7 billion in the past twelve years.
• Subsidiaries of Resource America serve as the external manager of a publicly traded REIT (NYSE:RSO), serve as the external manager of four public-reporting non-traded REITS, and serve as the investment adviser to two interval funds that are registered investment companies. www.resourceamerica.com
DIVERSIFIED REAL ESTATE SERVICES Property Notes & Sales, Advisory Services, Leasing, Property Management and Tenant Representation NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 400 offices strategically located throughout North America, Latin America, Europe, Africa and Asia Pacific, with over 7,000 local market professionals, managing in excess of over 425 million square feet of property. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions throughout the world.
Property Management U.S. Residential is a national full-service property manager for both market rate and affordable multifamily apartment properties. Services include acquisition analysis, marketing, leasing, maintenance, construction supervision, compliance auditing and review, and contract administration services. U.S. Residential currently manages 207 properties with approximately 43,000 apartment units in 23 states. U.S. Residential currently ranks number 30 on the National Multifamily Housing Council’s 2017 Top 50 Apartment Management Companies list. www.usrgroup.com
www.naiglobal.com
THE PLANNING & ZONING RESOURCE COMPANY Global Marketplace and Online & Sealed Bid Auctions
Zoning Reports
Real Capital Markets (RCM) is the global marketplace for buying and selling commercial real estate increasing the speed, exposure, and security of CRE sales. With the industry’s most participatory database of qualified buyers – more than 55,000 active contacts – RCM increases liquidity of commercial real estate by targeting the most active market participants, thereby maximizing proceeds for each asset sale.
PZR was founded in 1994 and created the concept of the Zoning Report (PZR Report®) in a simplified format as an alternative to an attorney opinion or engineer’s report. In 2016, PZR prepared over 12,500 PZR Reports® on real estate assets worth several billion dollars. PZR has a digitized archive of over 110,000 previously prepared Reports and a database of 20,000+ municipal contacts.
RCM’s solutions streamline the entire sales and marketing process for buyers, sellers, and brokers by offering integrated property marketing, transaction management, and business intelligence solutions that unify broker-level and firm-level data and work flows. To date, the Company has executed approximately 48,000 assignments with total consideration in excess of $1.8 trillion. Over 50% of all U.S. commercial assets sold, over $10 million, are brought to market using Real Capital Markets’ online marketplace. www.rcm1.com
www.pzr.com
OUR PRESENCE
C-III offices US Residential properties NAI Global offices
BOOTS ON THE GROUND WHERE OPPORTUNITIES EXIST C-III Capital Partners has first-hand knowledge of, and access to, data trends throughout the U.S., including secondary and tertiary markets where information on properties may be limited. Utilizing our 8,400+ local market real estate professionals to convert data from C-III’s proprietary database and investment portfolios and turn that data into useful investment information is a key component of our integrated strategy. C-III’s platform contains detailed and timely data on the
financial performance, sponsorship, leasing status, tenancy, supply/demand dynamics and physical condition of thousands of real estate assets. The converted information is used to evaluate investment opportunities and analyze markets and comparable assets, as well as provide ongoing management and support throughout C-III’s platform of real estate companies and over $8 billion of assets under management. www.c3cp.com
CONTACT INFORMATION C-III Investment Management Bob Lieber Executive Managing Director 212.705.5050 rlieber@c3cp.com
Jay Olshonsky President 212.405.2500 jolshonsky@naiglobal.com Capital Markets Group
C-III Commercial Mortgage Paul Hughson President 212.705.5046 phughson@c3cp.com
C-III Asset Management Kevin Donahue President 212.705.5058 kdonahue@c3cp.com Barry Davis Chief Operating Officer 972.868.5312 bdavis@c3cp.com
Bill Leifeste Senior Managing Director 972.868.5359 bleifeste@c3cp.com Arthur Milston Senior Managing Director 212.705.5158 amilston@c3cp.com Alex Waddey Senior Managing Director 615.783.1043 awaddey@c3cp.com
Steve Shanahan Executive Managing Director 760.494.7931 sshanahan@rcm1.com
215.546.5005 info@resourceamerica.com
Stephanie Brock President 972.996.7454 sbrock@usrgroup.com
David Anderson President 405.840-4333 ext. 3337 davida@pzr.com
DECEMBER 2016