C-III Capital Partners Buys Property for $19 Million in Miami

Posted by on Apr 20, 2018

C-III Capital Partners and NAI Merin Hunter Codman just secured an office building located in Sunrise, Miami. This acquisition was finalized at $19 million in October 2017.

The office building, named International Place II, is located at 1580 Sawgrass Corporate Parkway. It was previously owned by Realty Associates Fund VIII, a company based in Boston, Massachusetts. The property was built in 2000 and has several modern features including impact glass windows and an updated common area. International II itself is located on a 7.4-acre lot in the Sawgrass International Corporate Park.

The office park currently consists of well-known companies such as Ford, Fidelity Information Systems, AT&T, American Express, Harris Corporation, Xerox, and TicketMaster. A warehouse was purchased in 2015 from a medical equipment manufacturer. It is currently unclear what C-III Capital Partners has planned for International II.

C-III Capital Partners owns properties around the country in various cities, including New York, Denver, and Dallas. The purchase of International II solidifies both C-III and Andrew Farkas’ long-term goal of being an industry leader in the world of real estate. Already a philanthropist and strong supporter of various charities, Andrew Farkas continuously strives to do what is best for his company and other organizations. The purchase of International II reaffirms C-III and Andrew Farkas’ gratitude for being able to help other communities thrive and prosper.

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Andrew Farkas Honors Hasty Pudding’s Award Recipient

Posted by on Apr 3, 2018

Derek McLane, a Tony and Emmy award-winning designer, will receive the Order of the Golden Sphinx Award at The Hasty Pudding Institute of 1770’s 2018 gala, scheduled to take place on April 16. Andrew L. Farkas, a renowned leader in the real estate industry, is the Chairman of this Institute. Founded in 1795, the Hasty Pudding Institute is the comedy and satire performing arts organization located at Harvard University.

Andrew Farkas remarked on Derek McLane’s talent in the following statement: “Whether you’ve encountered Derek’s work on a Broadway stage or at this year’s Oscars, you’re sure to have seen it. And so we are privileged to present the Hasty Pudding Institute of 1770’s highest honor, The Order of The Golden Sphinx, to Derek McLane, a man who creates the striking visuals and impressions that stay with us long after a show ends.”

Not only is Andrew Farkas Chairman of the Hasty Pudding Institute, but his family is also a sponsor of the organization. In addition to the Hasty Pudding Institute, Andrew Farkas is also involved with Playwrights of New York (PONY).

Andrew Farkas is additionally well-known across the nation for his roles as CEO of Island Capital Group, C-III Capital Partners, Resource America Inc., and Anubis Advisors. All four real estate companies are dedicated to managing a diverse group of real estate services throughout the nation through the leadership of Andrew L. Farkas.

The Hasty Pudding Institute is excited for this year’s Order of the Golden Sphinx Award recipient, Derek McLane, to receive this honor at the Institute’s 2018 gala.

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NAI Global Announces 2018 Leadership Board

Posted by on Jan 12, 2018

NAI Global, a subsidiary of Andrew Farkas’s Island Capital Group, announced its 2017-2018 NAI Leadership board.

The board will be composed of four groups: An Executive Leadership Committee, an Advisory Taskforce, a Strategic Leadership Committee, and a Past Chairperson’s Council. The board provides proactive leadership to increase NAI’s profitability, professionalism, technical capability, integrity, and standards of practice that create mutual trust and respect within the organization.

The Executive Leadership Committee will assure the alignment of company strategies, goals and objectives, allowing NAI to perform with the greatest possible efficiency under a shared vision. The Advisory Taskforce will implement the strategic initiatives of the Executive Leadership Committee, and assist the Strategic Leadership Committee in researching and vetting those strategies.

The main focus of the Strategic Leadership Committee is to create and vet initiatives that align with the goals of NAI Professionals. The Chairperson’s Council provides experienced guidance that is available to guide strategic discussions and initiatives.

The Leadership Board will also foster and promote activities, education and communication for NAI offices, agents, and the organization as a whole. The goal of these activities and education is to elevate the level of engagement and productivity of NAI members.

NAI Global is a leading global commercial real estate brokerage firm that annually completes more than $20 billion in commercial real estate transactions worldwide. Under the leadership of its Managing Member, Chairman, and CEO Andrew Farkas, Island Capital Group acquired NAI Global to expand its portfolio and increase its capabilities. The new NAI Leadership Board is an example of NAI Global’s commitment to being a top performer in its industry, by increasing productivity and efficiency company-wide.

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