Andrew Farkas Named in Top 50 Most Important RE Figures

Posted by on Apr 6, 2017

Commercial Observer’s 50 Most Important Figures of Commercial Real Estate Finance is filled with prominent figures. This list recognizes those industry leaders that are making major strides in the real estate business. Commercial Observer is known as being New York’s premier authority when it comes to all things real estate.

This year, Andrew Farkas was listed at the number 30 spot. Dubbed the “king of a veritable real estate empire,” Farkas was featured on the Power 100 list last year. His hard work building Island Capital Group up and acquiring multiple subsidiaries (C-III Capital Partners, NAI Global and EVO) have caused him to land on this list multiple times.

Farkas’ C-III subsidiary has become one of the top 30 multifamily property managers in the United States. By expanding Island Capital Group with the acquisition of C-III, Farkas has been able to better serve his clients while also being able to provide more solutions to a wider range of clients.

Farkas’ reputation in real estate is long standing. Before building Island Capital Group, he graduated from Harvard with a degree in Economics. He then went on to serve as the CEO of Insignia Financial Group, Inc. It eventually became one of the largest commercial real estate services thanks to a merger with CB Richard Ellis in 2003.

That same year, Farkas took on the challenge of starting Island Capital Group in New York City. After establishing his company as a leader in the world of real estate, Farkas then went on to build up his next company, Island Global Yachting, in 2005. IGY specializes in luxury yacht marinas and properties surrounding them.

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Farkas Real Estate Network Member Named Broker of the Year

Posted by on Mar 27, 2017

The San Fernando Valley Business Journal held its annual Real Estate Awards event. There, they named Jeremy Barbakow Broker of the Year for his significant sales and leases in the area.

With over eighteen years of real estate experience, Barbakow has made a name for himself in the San Fernando Valley. This year, he negotiated some of his largest deals all due to his hard work, perseverance, and according to his team, his relationship building skills. This year, he made numerous new and successful deals.

Barbakow is a member of NAI Capital, one of the largest members of NAI Global. NAI Capital is the largest full service commercial real estate firm in Southern California. They are a major player in the NAI Global network.

NAI Global is an international real estate brokerage network. With over 6,700 members around the world, they provide a full range of services to a variety of international clients. NAI Global manages over 380 million square feet of property across the globe. Their network is known for having outstanding real estate experts, like Jeremy Barbakow, around the world to help any client with their needs.

Andrew Farkas, the head of Island Capital Group, had his company’s affiliate, C-III Capital Partners, acquire NAI Global in 2011. This helped to diversify C-III’s portfolio and services. As a successful CEO of Island Capital Group, Andrew Farkas has been known to push his career further just as Barbakow has with this award. Both Barbakow and Farkas have each helped to solidify NAI Global’s reputation as a major industry leader.

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President of Farkas Subsidiary Offers Invaluable RE Advice

Posted by on Mar 6, 2017

Jay Olshonsky, President of NAI Global, recently delivered some helpful advice to new and seasoned professionals working in the commercial real estate space at a Certified Commercial Investment Member Institute event.

As commercial real estate’s most influential professional organizations, the Certified Commercial Investment Member (CCIM) Institute works to help professionals in the space adapt to the ever-changing industry and elevate its members to the highest level of success in the commercial real estate profession through various events and educational programs. Becoming a member of the CCIM Institute enables professionals to further develop their skills and utilize the network as a platform to connect and exchange ideas among other members.

During a recent CCIM Institute event, NAI Global President, Jay Olshonsky, offered some advice for not only new professionals in CRE, but also for seasoned veterans in working in the space. New professionals just getting into CRE were advised to seek out organizations, like CCIM, for support, training or just someone to team up with. Additionally, Olshonsky prescribed the seasoned pros to adopt new methods and activities, like embracing new technologies to aid in commercial real estate efforts.

NAI Global is currently the largest network of independent commercial real estate firms in the world. Shortly after C-III’s acquisition of NAI Global, Jay Olshonsky was appointed to President of the massive firm. Prior to serving as President of NAI Global, Olshonsky was the Executive Vice President and Chief Operating Officer of NAI Global New York City, one of the company’s member firms. Olshonsky’s 25-plus years of experience in the field provides NAI Global the knowledge and expertise needed to continue to guide the company to further success.

In 2012 NAI Global was acquired by C-III Capital Partners, one of the world’s leading real estate investment companies. Founded by Andrew Farkas in 2003, a successful real estate entrepreneur and investor, the company engages in several industry activities including fund management, loan origination, principal investment and much more. Since C-III’s acquisition of NAI Global, the parent company has been able to expand their offerings and provide enhanced services to
the commercial and institutional real estate markets.

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Farkas Subsidiary Reports a Healthy 2016

Posted by on Feb 17, 2017

NAI Horizon, a member firm of NAI Global located in Phoenix, recently released a list of their top 10 producers in 2016.

Ten well-deserving NAI Global agents recently grace the firm’s annual list of top producers. Representing a wide array of sales types, the group reportedly produced a total of $275 million in transitions in 2016. Ranging from investment sales to retail and industrial, the list certainly highlighted the diverse work NAI Horizon does. The list’s transactional total as well as the broad range in product type is a testament of the firm’s overall success and health in Phoenix’s real estate industry.

Established in 1992, NAI Horizon provides a full range of real estate services and specializes in several commercial property types including industrial, healthcare, office, investment sales and more. With over 30 years of local expertise in Arizona and over 150 years of combined property management experience, NAI Horizon has become the area’s premier real estate services firm.

Joining NAI Global as a member firm in 2012, NAI Horizon is now a part of the world’s largest networks of owner operated commercial real estate brokerage firms. With over 400 offices in 54 countries, NAI Global builds their global strength with successful, local firms, like NAI Horizon. Since being founded in 1978, NAI Global has grown exponentially and now its network of member firms offer broad spectrum of activities including corporate, financial, technology and project management services.

In 2012 NAI Global was acquired by C-III Capital partners, a commercial real estate services company. Similar to NAI Global, C-III also engages in several real estate activities like loan origination, fund management, principle investment and more. The premier real estate services firm was first founded by Andrew Farkas in 2010 as a wholly-owned subsidiary of Island Capital Group.

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Farkas Subsidiary Earns Recognition in 2016

Posted by on Jan 26, 2017

NAI Hiffman, a regional partner of NAI Global, turned heads in 2016 as the firm earned several notable awards in the real estate industry and Chicago area.

Established as a regional partner of NAI Global in 1985, NAI Hiffman is a full-service commercial real estate brokerage firm that offers leasing, management and investment sales representation for owners and occupiers of commercial real estate in the Chicago market. Under the management of NAI Global, NAI Hiffman has grown to be Chicago’s leading provider of third-party real estate management services.

NAI Hiffman closed out the 2016 year with a bang as the firm received several distinguished awards. In early December 2016 Dan Leahy and Adam Roth, top NAI Hiffman brokers, won the Industrial Broker Transaction of the Year award at the National Association for Industrial and Office Parks Chicago’s 29th annual Awards for Excellence ceremony. Leahy and Roth won this prestigious award for their work during the Mars/Wrigley transaction, as both brokers were responsible for the eventual national consolidation of warehouse operations and location decision of the facilities.

The Chicago-based NAI Global firm also received recognition from Crain’s Chicago at the end of December 2016, as the weekly business newspaper named NAI Hiffman among the largest real estate brokers and office leases in suburban Chicago. Gracing the list as number eight among the largest real estate brokers in leases and number nine among the largest real estate brokers in sales, NAI Hiffman has certainly proved to be a force in the Chicago real estate market.

With 6,700 local market professionals managing over 380 million square feet of property, NAI Global has grown to become the single largest global network of owner-operated commercial real estate brokerage firms in the world. In 2012 the firm was acquired by C-III Capital Partners, a commercial real estate services company led by entrepreneur and investor Andrew Farkas. The acquisition allowed both firms to offer an even broader range of real estate services and add value to each. And with over 375 thriving offices, like NAI Hiffman, located all over the world and managing leadership from Farkas’ C-III, NAI Global will continue to rank highly among other commercial real estate services competitors.

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