C-III Asset Management LLC Appoints Barry Davis as President
July 07 2017 - 9:18AM
Business Wire
C-III Asset Management LLC (“C-III”), a highly rated servicer of
commercial real estate loans, today announced the appointment of
Barry Davis as President, effective today. A veteran of the
commercial real estate industry with extensive management and loan
servicing expertise, Mr. Davis has served as Chief Operating
Officer of C-III since 2011. His new role coincides with Kevin
Donahue’s—C-III Asset Management’s previous President—personal
decision to transition into an advisory role and spend more time
with his family.
“We appreciate Kevin’s many contributions to C-III since joining
the firm in 2012. His leadership helped navigate the firm through
an extraordinarily busy period of growth and change, and we look
forward to leveraging his experience as our business and the
industry continue to evolve,” said Frank Garrison, President of
C-III Capital Partners. “We are fortunate to have someone of
Barry’s caliber ready to seamlessly step into the role of
President. I have the utmost confidence that his extensive industry
experience and operational expertise will help position our
business for future growth.”
Mr. Davis in conjunction with Lindsey Wright, Senior Managing
Director, and Jenna Unell, General Counsel, will comprise C-III’s
executive management team. With over 20 years average commercial
real estate experience, the management team will continue to
oversee the day-to-day activities of the business and work to
ensure a seamless transition.
Mr. Davis joined C-III as a result of the firm’s acquisition of
Centerline’s servicing business in 2010. Before C-III and
Centerline, Mr. Davis was Chief Operating Officer of a regional
multi-family developer and served as Chief Operating Officer of a
commercial real estate origination business affiliated with Allied
Capital. Prior to that, he worked for Banc One and successor
companies for 15 years, including Orix Capital Markets, where he
was responsible for overseeing business operations for its
servicing operation. Earlier in his career, Mr. Davis served as
Vice President for Bonnet Resources and Banc One New Hampshire
Asset Management, business units responsible for managing and
liquidating loans for the FDIC and RTC.
About C-III Asset Management LLC
C-III Asset Management LLC, a wholly owned subsidiary of C-III
Capital Partners, is a highly rated loan servicer (primary and
special) of commercial real estate loans. C-III Asset Management is
the named special servicer for approximately $40 billion and the
primary servicer for almost $6 billion of commercial real estate
loans. C-III Asset Management is rated “Strong” for special
servicing and “Above Average” for primary servicing by S&P and
“CSS1” and “CPS2”, respectively, by Fitch. C-III Asset Management
also has the highest ranking from Morningstar for special
servicers, “MOR CS1.”
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version on businesswire.com: http://www.businesswire.com/news/home/20170707005320/en/
C-III Asset Management LLCMediaKevin Infante,
212-729-2442C-III@edelman.com