News

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 Kay Mellinger

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 Credit Income Fund (RCIAX) Announces Quarterly Distribution

Posted on 1/18/2018 by Kay Mellinger

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

Posted on 1/18/2018 by Kay Mellinger

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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Andrew Farkas Named to Commercial Observer Power 50

Posted on 4/6/2017 by SuperUser Account

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 SuperUser Account

Dallas, TX – January 23, 2017 – Combined Company Broadens Geographic Reach and Expands the Depth and Breadth of Resources and Capabilities for Multifamily Clientele 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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IGY Marinas Expands its Portfolio in Florida with the Addition of One Island Park – Miami Beach

Posted on 1/4/2017 by SuperUser Account

Fort Lauderdale, FL – January 4, 2017 – IGY Marinas today announced that it has expanded its Florida marina portfolio with the addition of One Island Park located on Miami Beach’s Terminal Island. The new location marks a company milestone, as this is the first time IGY will offer its award-winning services and quality to the South Florida market. Branded “One Island Park – Miami Beach an IGY Marinas Destination”, the marina is currently open and IGY is already welcoming yachts to its newest destination.

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

Posted on 9/9/2016 by SuperUser Account

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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C3CP listed as one of National Multifamily Housing Council’s 50 Largest Apartment Managers

Posted on 4/16/2016 by SuperUser Account

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

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Stephanie Brock, President of U.S. Residential, featured in Multifamily Executive

Posted on 3/2/2016 by SuperUser Account

Stephanie Brock, President of U.S. Residential, speaks to Multifamily Executive about the firm’s growing portfolio of managed properties, and her method for smooth and efficient property management transitions.

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