UNLOCK THE POWER OF THE VAULT

C-III Capital Partners Acquires Resource America

September 13, 2016

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

 

Go Back
James Darren Roberson
August 22, 2017 at The National, the annual NPH Educational Conference
August 28, 2017

I had no idea this service existed. I could have used it years ago! Great presentation and service!