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Posted 24 Jun 11 By: No comments yet

NAI Maestas & Ward Clients to Benefit From NAI Global Merger

Steve Maestas, Managing partner of NAI Maestas & Ward announced today that C-III Capital Partners LLC (C-III) will acquire NAI Global, the largest premier network of independent commercial real estate firms worldwide comprised of 5,000 professionals and 350 offices in the U.S. and 55 countries around the world.  “We are very excited about this strategic acquisition and the opportunities that it presents for our New Mexico-based commercial real estate company to make national and worldwide resources available to our clients.  C-III’s portfolio will generate significant management, leasing and disposition opportunities for NAI Global members so that we can better meet our customers’ needs,” said Maestas who secured his firm’s partnership with NAI Global in January 2011.

NAI Global’s network members provide a full spectrum of corporate, financial, technology and project management services and will ontinue to operate as a separate company under its current management following the acquisition.

C-III is controlled by Andrew Farkas, the founder of Insignia Financial Group.  Farkas grew Insignia into one of the world’s largest commercial real estate companies and also handled the merger between CBRE and Insignia in 2003.  C-III’s portfolio is comprised of approximately $150 billion in real estate assets and it is the named special servicer for approximately $117 billion of commercial real estate loans, of which approximately $14 billion is in special servicing.  In addition, C-III acts as primary servicer for approximately $20 billion of commercial real estate loans.

Friday, June 24, 2011
NAI Maestas & Ward | Phn 505-878-0001

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