HACKENSACK—C-III Capital Partners LLC has completed its acquisition of NAI Global. The transaction will help create a fully integrated commercial property services company that will operate in markets around the world.
C-III is a commercial real estate services company engaged in a broad range of activities, including primary and special loan servicing, loan origination, fund management, CDO management, principal investment, title services and multifamily property management. C-III is led by CEO Andrew L. Farkas, who founded and was chairman and CEO of Insignia Financial Group, Inc. Its principal place of business is located in Irving, Texas, and it has additional offices in New York, NY; Greenville, SC; McLean, Va.; Chicago, Ill.; Dallas, Texas and Nashville, Tenn.
NAI Global will continue to operate as a separate company under its current management. C-III will accelerate NAI Global’s growth by exploring business development opportunities in strategic locations, including New York, London, Singapore and other primary global business centers. It will also invest in the growth of the corporate solutions and capital markets offering, expanding asset/property management, project/facilities management and valuation services worldwide.
Financial terms of the NAI Global acquisition were not disclosed.