C-III Asset Management and the World Market Center

C-III Asset Management LLC released more details about the adjustments of the Phase 1 (BSCMS 2005-PWR10) loan and Phase II (BSCMS 2007-PWR15) loan of the World Market Center located in Las Vegas, NV. The Phase I loan had an original $225MM principal balance and reached maturity in 2015. The phase II loan had an original principal balance of $345MM and reached maturity in 2017.

Allen’s Flying Heritage Collection Grows in Size

Paul Allen’s Flying Heritage Collection (FHC) received a major piece of aviation history this past July. The White Knight, the launch plane and carrier for the X prize-winning SpaceShipOne, was added to the collection days before FHC’s 1st Annual SkyFair air and ground show.

Island Capital Group’s New Role in U.L.I.

Executive managing director of Island Capital Group, Robert C. Lieber, recently accepted the role as the new chairman of the Urban Land Institute of New York (U.L.I.), a nonprofit urban-planning research group.

C-III Capital Partners, with CEO Andrew Farkas, Enters Multifamily Property Management

U.S. Residential Group (USRG) and Pacific West Management (PWM) were recently acquired by C-III Capital Partners. USRG and PWM manage approximately 24,000 multifamily units located in 12 states. Their operations will now be combined under the name U.S. Residential Group while keeping the current management team led by Alan Fenstermacher. It will operate as a subsidiary of C-III Capital Partners, a commercial real estate services company engaged in a broad range of activities.

Page 4 of 7« First...23456...Last »

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.