Recently, Resource Capital Corporation, a C-III Capital Partners subsidiary, announced that it has appointed Matthew J. Stern as President of the company. His appointment highlights C-III’s commitment to help grow Resource Capital.
Before entering this new role, Stern was first a Senior Managing Director at Island Capital Group, Andrew Farkas’ real estate investment bank. He began his work with C-III and Island Capital in 2010. In 2016, Stern was the head of the C-III team that lead the acquisition of Resource America. Since then, he has been serving as their Executive Vice President.
With so much experience in regards to Resource America, C-III, and Island Capital, Stern is extremely qualified and prepared for this next position as President of Resource Capital Corp. Stern will be working to grow the company as well as the relationships it has already built. He will also be overseeing day-to-day operations.
As a subsidiary of C-III Capital Partners, Resource Capital Corp. has access to some of the leading experts in the commercial real estate market. C-III offers their services to nearly $60 billion worth of commercial real estate properties across the globe. Their diverse portfolio of properties and other real estate companies has lead C-III to become an industry leader.
As the CEO of Island Capital, C-III and Chairman of Resource Capital Corp., Andrew Farkas is known for his wide-ranging expertise in the world of commercial real estate. His success has lead to not only the expansion of his own company, but also that of all of his subsidiaries.Read More