In the News

STRONG and ABOVE AVERAGE Rankings for C-III Asset Management LLC

C-III Asset Management LLC records ABOVE AVERAGE rankings in the category commercial primary and multifamily housing revenue bond servicer from Standard & Poor’s Ratings Services.  In addition, it was ranked STRONG as a commercial mortgage special servicer. According to the rating service, these rankings are stable and will not be subject to change in the near […]

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The Real Estate Industry and Albany in 2011

Only a year ago, the climate in Albany for the real estate industry seemed ever more threatening. The governor actually lived in a rent-regulated apartment and was proud of it. Democrats in the Assembly had prepared an onerous series of bills to strengthen rent rules. The Senate was in Democratic hands and passage of the […]

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IGY Adds Puerto Ricos Palmas del Mar Yacht Club to their Growing Fleet of Marinas

Island Global Yachting (IGY) announces the addition of Palmas del Mar Yacht Club, PR, expanding its Caribbean network of luxury yachting destinations. “We are excited to welcome Palmas del Mar to the IGY family. Experiencing the staff’s hospitality and warm nature, combined with the marina’s megayacht capabilities, amenities and tranquil surroundings, makes it an ideal […]

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IGY opened a European headquarters in Barcelona, Spain

Dedicated to Expansion in The Mediterranean – IGY Opens Office in Barcelona, SpainFORT LAUDERDALE, FLORIDA (September 15, 2008):  Island Global Yachting (IGY), one of the world’s premier owners, developers and managers of luxury marinas and yachting lifestyle destinations, has opened a European headquarters in Barcelona, Spain.  This office will oversee operations and acquisition/development opportunities in […]

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Island Capital Group announced Acquisition in March 2010

NEW YORK–(BUSINESS WIRE)–Island Capital Group LLC (“Island Capital”), a private real estate oriented merchant banking firm controlled by Andrew L. Farkas, and Centerline Holding Company (“Centerline”) announced today that through its affiliate C-III Capital Partners (“C-III”), Island had acquired 100% of Centerline’s institutional real estate debt fund management and commercial mortgage loan servicing businesses. This […]

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Andrew Farkas sold his property in Southampton

Beach beauty Real estate mogul and mega-yacht lover Andrew Farkas, of Insignia and Island Capital, has put his stunning Southampton beach house on the market for $9.995 million. The 10-bedroom, 7½-bath mansion comes with a gated entrance, a pool, two spas overlooking the bay, waterside patios, a tennis court, a private beach, two cabanas and a two-bedroom […]

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