U.S. Residential Group, a subsidiary of C-III Capital Partners, has been ranked one of the top 50 managers of 2017.
Earlier this week, the National Multifamily Housing Council released its 2017 rankings in a variety of categories. These include top owners, general contractors, developers and syndicators. These rankings help to determine the major players in the real estate business, specifically, those properties that house multiple families.
U.S. Residential Group this year rose to the number 30 spot on the top 50 managers list. This year, they managed 42,928 units of housing. This is an increase of over 2,000 unites since the 2016 rankings.
As a full-service multi-housing community management company, U.S. Residential Group manages over 200 properties across the United States. In 2016, C-III acquired Resource America. Earlier this year, U.S. Residential combined its operations with Resource America. This combination and the move into C-III allowed all three companies to diversify their portfolios of properties across the country.
C-III Capital Partners is known for its track record of creating value in a diverse range of markets. Their services include primary and secondary loan servicing, loan origination, fund management, and principal investment. They provide services to over $60 billion worth of commercial real estate.
C-III is a controlled affiliate of Island Capital Group. The firm is located in New York City and was founded by Andrew Farkas in 2003. As the founder and CEO of Island Capital Group, Farkas has had a long track record of successful achievements in real estate. His company’s acquisition of C-III Capital Partners has allowed the two companies to grow exponentially and become leaders in the world of real estate.