Posts tagged NAI Global
The Members’ Leadership Board was joined by executives from NAI Global as the group met in New York City at the historic New York Athletic Club for a series business meetings and a client development event. With representatives from various regions and a diverse array of market sizes the meeting exchanged perspectives and new ideas as well as created an opportunity for the group of 40 leaders to align under a new shared vision for the future. Michael Flynn, 2013 Chair of the Leadership Board says, “The willingness of our leaders from around the world to come together for the better part of a week is continued evidence of their commitment to the NAI platform and message. We have a strong base from which NAI can continue its growth and expand its capabilities.” Jay Olshonsky, President of NAI Global says, “By blending the perspectives and talent of our Members’ Leadership Board, the executives at NAI Global and that the institutional might of our parent, NAI is poised to accelerate the pace as the premier managed network of independently owned global commercial real estate firms.”
While in New York City the group facilitated a client appreciation and development event at Yankee Stadium where 15 representatives from various institutions gathered along with their hosting Leadership Board Member. The night brought about a deeper bond among those that participated along with opportunity for future business.
Jay Olshonsky, NAI Global President says, “NAI Global is proud to have renewed 36 Members since January 2013. Our renewing Members bring the institutional knowledge, deep local roots and comprehensive understanding of NAI practices and standards that are key benefits to clients. We are grateful for their loyalty to our global enterprise.”
Executives from NAI Taiwan proudly state, “After becoming a Member of NAI Global, NAI Taiwan was opened to great opportunities by being viewed by clients as more of a value-added services firm than a local market service provider. It is the key reason NAI Taiwan won Standard Charter and DBS Bank’s corporate services sole-agent contracts from the competition. In short, after five years, NAI Global has become a well-recognized brand in Taiwan and is viewed as part of a powerful, global integrated services platform.”
NAI Apollo is one of the Members to have renewed in the first six months of the year. The firm has been with NAI Global for 13 powerful years. Andreas Krone, CEO and Director, and the team remain loyal to NAI Global as they are viewed as part of a global brand that provides the standards and practices of an owned organization while preserving the independence of local market leaders. Krone said, “We found friends in the past years around the globe and have done some interesting deals. These friendships and deals would not have happened without being a part of the NAI family. Additionally our clients view us in the same league as our major competitors. This would not be the case as an unaffiliated brand.”
Mauro Keller Sarmiento was recently promoted to Executive Managing Director, International Business. In this role he is assuming oversight to all international business requirements and regions. NAI is committed to assuring capable and qualified Members around the globe that are managed to a reasonable set of expectations, performance measures and regional growth strategies. Mauro is uniquely qualified to lead this effort given his diverse and impressive background.
About Mauro Keller Sarmiento
Mauro has a Bachelors degree from Harvard College, and an MBA from Columbia Business School. As a son of an Argentine diplomat, he has travelled extensively, has lived and worked in various countries in Europe and the Americas, and speaks five languages fluently.
Mauro’s professional career has covered diverse international postings in investment banking, consultancy and management. His experience includes four years with JP Morgan in New York and Buenos Aires, three years with McKinsey &Co. in Spain, Italy and Portugal, and three years as manager of a business unit of oil-giant Repsol-YPF developing retail services throughout most of South America.
For the last 15 years Mauro has been active in corporate services and international Investments at NAI and C&W, one of the premier commercial real estate companies in Argentina, and a senior consultant to various private firms and investors active in South America and the Iberian Peninsula. Previously he spearheaded the international expansion efforts of the Insignia Group in both Europe and Latin America. His focus has been consulting and executing real estate transactions for leading corporations and investors.
NAI Global, the world’s premier managed network of commercial real estate firms and one of the largest real estate services worldwide, announced today that it is expanding its coverage into Colorado’s Resort Market with the addition of Vail Commercial Advisors. The firm will now operate as NAI Mountain Commercial.
Founded in 2006 to fulfill the unmet need of providing dedicated commercial property solutions in the region, NAI Mountain Commercial is the only full-service commercial real estate firm from Summit to Pitkin County. The firm is the leading regional provider of acquisition, disposition, leasing, tenant representation, property management and asset management services. NAI Mountain Commercial provides services for all types of commercial real estate assets including office, retail, industrial, hospitality, multi-family and mixed-use properties and works with many of the region’s largest owners and investors of commercial real estate.
C-III Capital Partners LLC (C-III) announced today that it has completed its previously announced acquisition of NAI Global, the largest and premier network of independent commercial real estate firms worldwide.
C-III is led by CEO Andrew L. Farkas, who founded and was Chairman and CEO of Insignia Financial Group, Inc. (NYSE:IFS).
“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 great resources and expertise to help C-III clients strategically optimize their commercial real estate assets,” said Jeffrey M. Finn, President and CEO of NAI Global.
NAI Global will continue to operate as a separate company under its current management. NAI manages a network of commercial real estate firms comprising 5,000 professionals and 350 offices in the US and 55 countries throughout the world. NAI’s network members provide a full spectrum of corporate, financial, technology and project management services.
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 businesses, including acquiring the special servicing and CDO management businesses of JER Partners in August 2011. In November 2011, C-III acquired two affiliated multifamily property management businesses – U.S. Residential Group and Pacific West Management – which now operate on a combined basis under the U.S. Residential Group name.
Financial terms of the NAI Global acquisition were not disclosed.
About C-III Capital Partners
C-III Capital Partners LLC 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. Our principal place of business is located in Irving, TX, and we have additional offices in New York, NY, Greenville, SC, McLean, VA, Chicago, IL, Dallas, TX and Nashville, TN.
About NAI Global
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 in 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.