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FOR IMMEDIATE RELEASE Contact: JERRY BREWER NAI AMERICAN REALTY Tel:
903-691-0941 Email: jerry@amreal.com Acquisition of NAI Global by C-III
Capital Partners is Complete Local affiliate NAI American Realty to benefit
from acquisition TEXARKANA, TEXAS, January 27, 2012 — NAI Global, the largest
network of independent commercial real estate firms worldwide, announced
yesterday that its previously reported acquisition by C-III Capital Partners LLC
(C-III) has been completed. The transaction will help create a leading fully
integrated commercial property services company that will operate in markets
around the world. Locally based NAI American Realty East Texas and Southwest
Arkansas representative of NAI Global. C-III is a leading commercial real
estate services company engaged in a broad range of activities, including
primary and special loan servicing, loan origination, fund management, CDO
management, principal investment, title services and multifamily property
management. C-III is led by CEO Andrew L. Farkas, who founded and was Chairman
and CEO of Insignia Financial Group, Inc. (NYSE:IFS). Its principal place of
business is located in Irving, TX, and it has additional offices in New York,
New York; Greenville, South Carolina; McLean, Virginia; Chicago, Illinois;
Dallas, Texas and Nashville, Tennessee. NAI Global will continue to operate
as a separate company under its current management. C-III will accelerate NAI
Global’s growth by exploring business development opportunities in strategic
locations, including New York, London, Singapore and other primary global
business centers. It will also invest in the growth of the corporate solutions
and capital markets offering, expanding asset/property management,
project/facilities management and valuation services worldwide. Marketing
Brief Press Release Internal Template Client LetterPage 2 of 4 “The
completion of this transaction represents a significant step forward in our
strategy to build a fully diversified commercial real estate services company,”
said Mr. Farkas. “With the NAI Global acquisition, we are gaining the world’s
leading commercial real estate network and a tremendous foundation for future
growth. As we begin a new year, we look forward to partnering with the NAI team
to provide enhanced services to the commercial and institutional real estate
markets they serve as well as continuing to take advantage of other
opportunities to grow and expand our platform.” “We are thrilled to be
joining forces with C-III and excited about the opportunity to deliver an even
broader range of services to our members and add greater value to our collective
corporate and investment clients. We look forward to tapping into their
extensive resources and expertise to assist all of our clients in strategically
optimizing their commercial real estate assets,” said Jeffrey M. Finn, President
and CEO of NAI Global. NAI American Realty Principal, Jerry Brewer said, "We
have been extremely strong in the Texarkana market area for over 30 years as a
real estate relationship based business. NAI Global has relied on us for our
local contacts and expertise for the past 12 years. We are excited about the
opportunity to deliver an even broader range of services to our local customers
and add greater value to our corporate and investment clients. " Founded in
1977 by Gerald Finn, NAI Global has grown from covering 15 countries in 1999 to
offering a full, collaborative platform of services to clients in over 350
offices in 55 countries, with over 300 million square feet of commercial space
under management. C-III commenced operations with the purchase of Centerline
Capital Group’s institutional real estate debt fund management and commercial
mortgage loan servicing businesses in March 2010. Since that time, C-III has
successfully launched mortgage origination, investment sales and title insurance
businesses, and expanded its principal investment, loan origination, fund
management and primary and special loan servicing Press Release Internal
Template Client LetterPage 3 of 4 businesses, including acquiring the special
servicing and CDO management businesses of JER Partners in August 2011.
Financial terms of the NAI Global acquisition were not disclosed. NAI Global
(www.naiglobal.com) is the largest network of independent commercial real estate
firms worldwide, comprised of over 5,000 professionals in 55 countries with more
than 350 offices. NAI advisors work in tandem with our global management team to
ensure our clients strategically optimize their real estate assets. NAI offices
complete over $45 billion in combined transactions annually and manage 300+
million square feet of commercial space. NAI American Realty (www.amreal.com)
is the Texarkana and four states area representative of NAI Global. NAI American
Realty is expert in commercial property, occupier solutions and workplace
consultancy, delivering both strategic and operational advice. It services a
range of sectors in the regional market and s licensed in Arkansas, Texas,
Lousiana, Oklahoma and Mississippi--but can deliver services anywhere there is
an NAI member or affiliate. Its services include: Property Strategy &
Business Support Workplace Strategy, Planning & Design Planning, Management &
Procurement Real Estate (Corporate Solutions), Building Consultancy & Project
and Facilities Management ###
NAI/American Realty
2603 Texas Blvd. Ste 101
Texarkana, TX 75503
903-793-2666
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