Island Capital Group LLC Announces Acquisition 0comments
guest IP:211.157.127.* published in 2010-03-09 01:09:46
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 ...
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 transaction immediately makes the newly created private company one of the largest special servicers of CMBS in the United States as it is presently the named special servicer for approximately $110 billion of loans in 81 CMBS securitizations.In connection with the acquisition Island Capital along with Centerline Say what I think
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