September 13, 2016
C-III Capital Partners Acquires Resource America
C-III Capital Partners Acquires Resource America Under the transaction, Resource America stockholders will be entitled to receive $9.78 per share in cash, or a total of roughly $207 million. September …

Read more


C-III Capital Partners Acquires Resource America

Under the transaction, Resource America stockholders will be entitled to receive $9.78 per share in cash, or a total of roughly $207 million.

September 12, 2016 | by Scott Baltic | Commercial Property Executive

Dallas—Leading CRE investment manager C-III Capital Partners LLC has completed its acquisition of Resource America Inc., both companies announced late last week. Common stock in Resource America (REXI) ceased trading on the NASDAQ last Thursday, Sept. 8.

Under the transaction, Resource America stockholders will be entitled to receive $9.78 per share in cash, or a total of about $207 million.

“This is a transformative acquisition for C-III,” chairman & CEO Andrew Farkas said in a prepared statement. “With our expanded platform, we are now able to provide commercial real estate debt and equity solutions to both institutions and retail investors.”

Article Located Here

More on Resource America on BlueVaultPartners.com

Resource America, Inc. Signs Definitive Agreement to Be Acquired by C-III Capital Partners LLC

Resource America, Inc. Closes Latest REIT Offering – Over Half a Billion Dollars Raised

 

Recent

Most Popular

Blue Vault Q2 2023 Performance Reports Update

Blue Vault Q2 2023 Performance Reports Update

Blue Vault Q2 2023 Performance Reports Update 10-3-2023 Blue Vault wishes to acknowledge and apologize for the delay in publishing some Q2 2023 NTR Individual Performance Pages (IPPs) as well as the full review. We recently added additional reporting metrics to our IPPs, and that, combined with coverage of all share classes and some additional…
Blue Vault Q2 2023 Performance Reports Update

Blue Vault Q2 2023 Performance Reports Update

Blue Vault Q2 2023 Performance Reports Update 9-25-2023 Blue Vault has published the Q2 2023 Nontraded BDC Industry Review as well as Individual Performance Report and Limited Operations pages for the following offerings (newly published pages in bold font): Nontraded REITS American Healthcare REIT Q2 2023 Apollo Realty Income Solutions Q2 2023 (limited operations) Ares…

Explore

Blue Vault Logo
Don’t miss alts news
and educational events

Subscribe Now