Overview

Our portfolio includes interests in real estate investment properties and securities with market capitalization of more than $20 billion and equity investments of more than $5 billion. Our current investment property portfolio includes interests in 230 Park Avenue in New York, 450 Lexington Avenue in New York and the W Hotel Union Square in New York.

Andrew Farkas founded Island Capital Group LLC in May 2003 and is its Managing Member, Chairman and President. Mr. Farkas was previously Chairman and Chief Executive Officer of Insignia Financial Group, Inc. (NYSE: IFS), a global real estate services company that was merged with CB Richard Ellis in July 2003 to form the world's largest commercial real estate services company. During the period from its founding with $5 million of equity in 1990 through its merger in 2003, Mr. Farkas grew Insignia into the largest owner and operator of multifamily real estate and among the largest owners and operators of commercial space in the United States, controlling or managing approximately 350,000 residential units and over 200 million square feet of commercial space. Additionally, beginning with its acquisition of Edward S. Gordon Company in 1996, Insignia grew to be one of the top three leading commercial real estate services firms in the world, with dominant presence in the United States, the UK and France and other offices throughout the world.

Island Capital’s team of professionals is drawn from the core group that created Insignia and is supplemented by experienced business leaders with diverse backgrounds.