In the News

Exantas Capital Corp. Declares Quarterly Dividends for Common Stock and Series C Preferred Stock

On September 12, 2019, Exantas Capital announced that its Board of Directors has declared a cash dividend of $0.25 per common share. This is for the end of the quarter which ends on September 30. The Board also declared a cash dividend on its 8.625% Fixed-to-Floating Series C Cumulative Redeemable Preferred Stock for the July through October period. This […]

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June Exantas Capital Corp Earnings Conference Call

This month’s Exantas Capital Corp. Earnings Conference Call began with opening remarks from Andrew Farkas, Chairman of the Board. As disclosed in the most recent Exantas Capital Corp. earnings release, the company sold their entire CMBS portfolio, other than the B-Piece investment they held unlevered, which resulted in a $180.3 million loss on sale. Farkas is […]

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Exantas Capital Corp. Expands Its Lending Platform

Exantas Capital Corp. is a real estate investment trust that is primarily focused on originating, holding and managing commercial real estate mortgage loans and other commercial real estate-related debt investments. The Company is externally managed by an indirect wholly-owned subsidiary of C-III Capital Partners LLC, known as Exantas Capital Management Inc. Through the integration of […]

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C-III Capital Partners buys West Palm Beach’s Northbridge Tower

New York-based C-III Capital Partners and Chicago-based Vanderbilt Office properties teamed up in purchasing the Northbridge Tower, located in West Palm Beach, Florida for $98 million. The Northbridge tower, referred to by locals as the “Darth Vader” tower due to its dark windows, is a 294,000-square-foot building full of Class A office space that is currently […]

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Resource Apartment REIT III, Inc. Purchases Apartment Community

On June 26th, Resource Apartment REIT III, Inc., sponsored by Resource Real Estate, LLC (“Resource”), purchased The Summit, a high-rise apartment community located just outside of the nation’s capital in Alexandria, Virginia. The Summit is located in an area that will see immense growth in the near future due to Amazon’s HQ2 headquarters situated a 15-minute […]

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Exantas Capital Corp. Acquires Loans from C-III Capital Partners LLC

Exantas Capital Corp., a real-estate investment trust, recently acquired a portfolio of floating-rate commercial real estate mortgage loans worth $196.8 million from an affiliate of the company’s external manager, C-III Capital Partners LLC. With this acquisition, Exantas Capital Corp. can continue investing and originating in commercial real estate debt to meet their goal of full […]

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Andrew Farkas’ Exantas Capital Reports Quarterly Results

Exantas Capital Corporation (NYSE: XAN) recently reported their results for the three months and year ended December 31, 2018. Exantas Capital is an indirect wholly-owned subsidiary of C-III Capital Partners LLC, which was founded by Mr. Andrew L. Farkas. C-III and its subsidiaries work in commercial real estate investment management, and Exantas specifically specializes in originating, […]

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NAI Global Lists Iconic Building for Sale

NAI Global, the global commercial real estate firm owned by Andrew Farkas, recently listed a unique property for sale. The building was formerly the headquarters of the Longaberger Company and is modeled as a 180,0000 square foot picnic basket. It is located in Newark, Ohio and cost $32 million when it was initially built in […]

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IGY’s Yacht Haven Grande Hosts the USVI Charter Yacht Show

Over 60 yachts lined the docks of IGY’s Yacht Haven Grande on St. Thomas for the 2018 USVI Charter Yacht Show in November. Over 100 brokers from around the world attended the show, viewing yachts ranging from 45-111 feet in length. The 2018 show marked the largest in over two decades in attendance, number of yachts, and […]

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