Andrew Farkas

Farkas Subsidiary Chosen to Lease Ukrainian Property

Earlier this month, NAI Global’s Ukraine office was chosen as the exclusive leasing agent for Immochan’s newest Ukrainian shopping center. Immochan is one of Europe’s premiere commercial real estate companies. They manage over 400 shopping centers across the globe.

The new shopping center, named Rive Gauche, is a contemporary and urban space that will set new trends in the Ukrainian commercial real-estate industry. The space itself will feature over 180 stores and is estimated to bring over 13 million visitors per year. The site is also being designed as a social gathering space for the local community.

By working together with NAI Ukraine, Immochan is able to have their needs met thanks to their expertise in the commercial real estate market. The NAI Global network is made up of over 400 offices with over $20 billion in property transactions. NAI is excited to be working with Immochan seeing as this project is unique and will bring a new twist to the city of Kiev.

By becoming the exclusive leasing agent for Rive Gauche, NAI is able to diversify its portfolio even more. This new shopping center is unique and vastly different from many of NAI’s other properties.

NAI Global has had various successes around the world. With a massive network of brokers and clients, NAI is able to bring the right solutions for any clients’ needs. Andrew Farkas, the owner and CEO of NAI’s parent company, has had a long list of success stories in the commercial real estate business.

Farkas Subsidiary Office Hires New CFO

NAI Hunneman, a branch of NAI Global, has announced that they have brought Bill McIntyre onboard as the company’s new CFO. The branch is based in Boston, MA. In this new position, McIntyre will be responsible for accounting and managing finances for all of NAI Hunneman’s offices in the Boston area.

McIntyre has been working in the commercial real estate finance market for well over 30 years. Before coming to NAI, he worked at NRT as regional vice president and CFO. He oversaw sales from teams in over 100 offices across the northeast region of the U.S. His expertise makes him an impeccable candidate and a fine addition to the NAI Hunneman team.

The team at NAI Hunneman, including their president David Slye, is excited to see how their business can expand to help more clients under McIntyre’s new financial leadership. With McIntyre’s past success, Slye is confident that his team will prosper from this latest addition.

At NAI Hunneman, McIntyre will have access to more than 7,000 real estate experts located in over 400 offices across the globe as part of the NAI Global network. Each member office has unique expertise in their respective regions.

NAI Global has been a major leader in the world of commercial real estate. Because of this, C-III Capital Partners acquired them in order to help expand their reach and bring new expertise to different markets around the world. C-III is a subsidiary of Andrew Farkas’ company, Island Capital Group.

As CEO of both C-III and Island Capital Group, his involvement has caused both to become extremely successful.

Farkas Subsidiary Announces New EVP of Client Services

This week, US Residential Group announced that it would be bringing Laurie Lyons on board as executive vice president of client services.

Lyons has had an exciting career in the multifamily housing industry. Before joining the US Residential team, Lyons co-founded BH Management Services and helped the company to acquire 40,000 housing units across the United States. Her work as co-founder and CEO of BH Management landed her a spot on the National Multifamily Housing Council’s Top 50 Managers ranking list. She was the first female CEO to be recognized.

Lyons, a 30-year industry veteran, will be working to grow US Residential’s third-party management portfolio. After seeing how successful she has been at growing other companies and building relationships in the industry, US Residential saw her as the perfect candidate for the position.

US Residential’s reputation as an industry leader is well known. As a ranking member of the NMHC’s 50 Largest Apartment Managers list, US Residential is growing fast. In total, they have managed 500 buildings with a total of over 100,000 apartment units.

In 2011, US Residential was acquired by C-III Capital Partners as a way for C-III to grow their extensive portfolio. As a subsidiary of C-III, US Residential has been able to grow significantly and offer more services to a wider range of clients.

Island Capital Group, founded by Andrew Farkas, is the controlling parent of C-III. Since founding Island Capital Group, Farkas has become a successful real estate industry leader by helping to grow his own company as well as all of his subsidiaries.

Farkas and Hosts Help Raise $1.3M for Harvard Art Community

The Board of Trustees of Harvard University’s American Repertory Theater (A.R.T.) have just announced that their annual gala has raised $1.3 million for the A.R.T. community and programs.

As Harvard’s premier professional theater, the A.R.T. functions as a platform to work with artists from around the world in creating new pieces of theater. The theater has also won a variety of Tony Awards for its numerous collaborative works. They work to reach out to members of the theater world in order to give back to the community through a variety of events including their annual gala.

This year, the gala was held on February 27 with 500 guests in attendance. It took place at the Boch Center Wang Theater. Attendees came from across the country to help support the cause and celebrate the arts. Laura Michelle Kelly, a Broadway performer, provided entertainment for the evening. Famous cellist, Yo-Yo Ma, also made a guest appearance.

An auction took place, which featured a variety of exclusive and exciting items to bid on. Items included a role in Waitress on Broadway, tickets to the ever-popular Hello Dolly! show, a London West End package, and tickets to see Barbra Streisand in Brooklyn.

The money raised by the gala and the auction together will be used to support the artistic community at the A.R.T., as well as educational programs supported by the theater and Harvard University.

Andrew Farkas, a member of the gala’s host committee, is a regular attendee of A.R.T. events and the Grand Sphinx of Harvard’s creative society, the Hasty Pudding Institute of 1770. Farkas has previously donated generously to the university’s arts program, including the construction of a new creative performance building: Farkas Hall.

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About Island Entreprenuer

Island Entreprenuer is a publication devoted to tracking trends in the yachting and marina industries, from new business ventures, yacht charters and waterfront entrepreneurs, to the occasional foray into the lighter side of the industry, including vacation tips and island news.