Island Global Yachting (IGY Marinas), a luxury marina operating company, founded by Andrew Farkas, recently announced its addition of yet another international marina to its global marina network. The St. Katharine Docks Marina (SKD Marina), located in London, England becomes the 18th marina in IGY’s network, spanning across 11 countries. Growing from just a few marinas in the Caribbean to a global network of marinas reflects the tremendous success and growth IGY has seen under Farkas Chairmanship.
SKD Marina is a historic, 5 Gold Anchor, 185-ship facility, as well as the only marina in Central London. IGY will be adding St.Katherine’s alongside its other European marinas, such as Malaga (Spain), Sète (France) and Porto Cervo (Sardinia). IGY has stated that the move into London was facilitated by a projected increase in tourism post-Brexit.
With the help of Chairman and Founder Andrew Farkas, IGY looks to bring new life to the SKD Marina. Improvement of customer service, operating procedures, and overall global marketing awareness are key points of emphasis for the luxury yacht operation company. This expansion operation of yet another luxury marina cements IGY as the largest international superyacht destination company in the world.
Andrew Farkas is the Chief Executive Officer of C-III Capital Partners—a leading commercial real estate services and investment management company with principal offices in New York City and Irving, Texas. The company took control of a retail property known as the Chesterfield Mall, located near St. Louis, Missouri, following a foreclosure action in 2017 before putting a majority of it for sale in March of 2018.
The location is now set to be replaced by a new development aiming to mimic a walkable urban area. The development is being called Chesterfield Outlets and construction has begun to create The District, which is slated to include a new concert space in addition to other entertainment offerings.
With a leadership team that has been together for over 20 years and successfully built one of the largest fully-integrated real estate services companies, C-III Capital Partners uses their expertise, experience and platform to further enhance their track record, as well as deliver superior and long terms funds to their investors.
According to Campbell & CO Investment Adviser LLC’s most recent Form 13F filing with the Securities and Exchange Commission (SEC), the company has raised its holdings in Exantas Capital Corp (NYSE:XAN) by 35.3%. The institutional investor owned 56,788 shares of the company’s stock after buying an additional 14,821 shares during the fourth quarter. Campbell & CO Investment Adviser LLC owned about 0.18% of Exantas Capital worth $671,000 as of its most recent SEC filing.
Other hedge funds and institutional investors have made changes to their positions in the company as well. Bank of Montreal Can raised its holdings in Exantas Capital by 150.6% during the second quarter and now owns 4,321 shares of the company’s stock worth $49,000 after purchasing an additional 2,597 shares in the last quarter. Tower Research Capital LLC TRC acquired a new stake in Exantas Capital worth $95,000 while Metropolitan Life Insurance Co NY grew its holdings in Exantas Capital by 25.5% in the third quarter. Metropolitan Life Insurance Co NY now owns 8,841 shares of the company’s stock valued at $101,000 after purchasing an additional 1,797 shares during the last quarter. Other companies such as A.R.T. Advisors LLC and Nisa Investment Advisors LLC have increased their stake in shares of Exantas Capital as well.