Posted by admin on Apr 1, 2014
According to the Commercial Observer, Andrew Farkas ranks 13th on the list of the 50 Most Important People in Commercial Real Estate Finance. Farkas, who had an outstanding year, is the CEO of the versatile financial real estate firm C-III Capital Partners. C-III is based in Irving, Texas and is an affiliate of Island Capital Group, also run by Farkas. C-III nearly doubled its invested capital in 2012, upping the total to $3.6 billion through recent expansion efforts.
C-III Capital Partners has a full-service, multifamily management company called U.S. Residential Group LLC. Its management services area expanded into four new states this year, while its portfolio increased by more than 25 percent in the same period. C-III also boasts a fully invested Recovery Fund I, an oversubscribed $310M investment fund specializing in distressed assets. Lastly, according to surveys run by the Mortgage Bankers Association, C-III ranks near the top of several commercial and multifamily servicing lists.
Andrew Farkas founded Island Capital in May 2003 and continues to serve as both CEO and Chairman. He also currently serves as CEO at Anubis Advisors and Chairman at Island Global Yachting. Before founding Island Capital, Farkas served as Chairman and CEO of Insignia Financial Group, Inc., a global real estate services company that was merged with CB Richard Ellis in 2003. The merger resulted in the world’s largest commercial real estate services company at the time.
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Posted by admin on Mar 5, 2013
Andrew Farkas was listed seventh on the Commercial Observer’s list of the top 50 most important people in commercial real estate finance. Farkas is CEO of C-III Capital Partners and was recognized for the acquisition of NAI Global, which was completed in January 2012. This acquisition gave C-III access to an additional 5,000 real estate professionals.
C-III Capital Partners offers real estate equity and debt solutions by engaging in a wide range of activities, including loan origination, primary and special loan servicing, principal investment and fund management. C-III has offices in Texas, New York, South Carolina, Virginia, Illinois and Tennessee.
The Observer considered brokers and lenders, but the majority of the professionals listed are lenders because they ultimately control the money and make the final deal happen. The list was compiled by speaking to people in the industry, consulting lists of top producers and looking at banks that are most active. Although not everyone on the list is based in New York, the focus is on the New York tristate region.
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Posted by admin on Apr 5, 2011
Montauk Yacht Club Resort & Marina in East Hampton is a seaside sanctuary highlighting understated elegance and maritime lore. At first glimpse, the 107-room resort appears as a grand reminder of the gilded age set amidst the dramatic coastline of the Hamptons. The resort offers everything ever hoped for in a self-contained, full-service business hotel set on a sweep of powdery soft dunes.
The renovated Farmhouse Ballroom and seven other dedicated rooms for groups from 5 to 225 make for an affair with style, grace and the highest level of service. The resort also offers 32 acres of outdoor space and can accommodate waterfront receptions, scenic beach events or tented affairs.
“We want to make stays at Montauk Yacht Club effortless and enjoyable, so our guests can focus on what’s important,” says GM Lloyd Van Horn.
The Montauk Yacht Club’s team helps planners put together activities from bonfires to bocce ball tournaments. From surf clinics to yoga to world-class yachting, arrangements can be made for just about anything on or in the water—the reason why Yachting Magazine named it one of the Top Ten Marina Destinations in North America, Mexico and the Bahamas.
Planners can organize a sunset cruise to the historic Montauk Lighthouse and return to Montauk Yacht Club for a lobster bake and bonfire on the beach. Or attendees can take part in creating the freshest dinner imaginable with the “You hook ‘em, we cook ‘em” fishing charter.
The Montauk Yacht Club marina is a perennial favorite among the boating community. The 232-slip marina features newly renovated pilings and full hook-ups including phone, electric, water, cable TV, WiFi access and resort amenities dockside.
The resort’s four new Har-Tru tennis courts are perfect for small group activities such as adult clinics and tournaments for the competitive set. Private yoga classes, horseback riding, historical bike tours, scavenger hunts and guided nature hikes are all options for group activities. Planners can even organize surfing and stand-up paddle boarding lessons. With so many options, the planner has the flexibility to book a large group and still create unique and personal activities.
Each of the guest rooms and villas feature a king-sized bed or two doubles, with all the posh details. Accommodations offer 37” LCD HD flat panel televisions; custom designed nautical window treatments; indulgent bedding with goose down pillows, duvet comforters and 300-thread count sheets; spacious bath and vanity areas with plush oversized towels and luxury bath amenities; Keurig coffee makers, iHome clock radios; refrigerator and voicemail.
The quaint property is perfect for a little rest and relaxation in between meetings and team building initiatives. Essential Montauk Yacht Club accessories are a good book and several appointments at the resort’s SPA Montauk Yacht Club. The spa offers services specifically tailored to suit the needs of yachters and beachgoers. Signature treatments include the Beach Body Massage to restore moisture and prevent further sun damage and the Yachter’s Massage that concentrates on specific areas that can be affected by rough seas and more.
The Montauk Yacht Club team can orchestrate a sand castle building contest and an interactive culinary teambuilding experience with their chef, Robbin Haas. And planners can take a load off thanks to the personalized attention from Director of Sales Pamela Assogna, with over 20 years experience at the Montauk Yacht Club.
Dining here is a delight unto itself. Chef Robbin Haas tempts with his own brand of cuisine that offers the best in locally harvested and grown produce and proteins. His ever-evolving menu samples the finest in fresh, local fare, even using key ingredients grown or caught within minutes of the property.
Visitors should definitely step out and explore some of the area’s attractions, and Montauk Yacht Club can help with that. The resort can arrange for golf at Montauk Downs State Park, winery tours and shopping trips to celebrated East Hampton, helicopter tours and more.
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