Resource* is an asset management company that specializes in real estate and credit investments. Its main objective is to be a best-in-class asset manager as measured by risk-adjusted returns to investors and the quality of the funds and businesses it manages. The company’s investments emphasize consistent value and long-term returns with an income orientation.
Resource is a wholly owned subsidiary of C-III Capital Partners LLC, a fully integrated asset management and commercial real estate services company, with over $9.3 billion in real estate and debt assets under management as of December 31, 2018.
*Resource is the marketing name for Resource Real Estate, LLC, Resource Alternative Advisor, LLC, and their affiliates.
1845 Walnut Street, 18th Floor
Philadelphia, PA 19103
|Current and Former Offerings|
|Year Founded||Sector||Structure||Senior Executives|
|1991||Real estate: Multifamily||
||Alan F. Feldman, CEO
Steven R. Saltzman, CFO
|# of Liquidity Events*||# of Private Placement Programs*|
|Over $9.3 billion||$4.4 billion||2||14|
|‒2010—Launches its first public non-traded REIT, Resource Real Estate Opportunity REIT: $633 million raised through the REIT’s close on December 13, 2013.
‒2013—Launches one of the first real estate interval funds: Resource Real Estate Diversified Income Fund delivers an institutional real estate investment strategy for retail investors.
‒2016—C-III acquires Resource: C-III completes its formative acquisition of Resource, expanding its platform to provide innovative alternative solutions.
*As of December 31, 2018
|Video—Intro to Resource:|
|Resource Apartment REIT III||REIT||Resource REIT III||Open|
|An income investment that focuses on today’s apartment supply-and-demand imbalance. The demand for apartments is increasing, but supply is either too expensive or outdated. Resource Apartment REIT III seeks to meet the need for updated, affordable apartments.|
|Resource Credit Income Fund||Credit Income Fund||Resource Credit Income||Open|
|An income-focused investment strategy that complements core fixed income. The Resource Credit Income Fund focuses on floating-rate and senior secured assets and seeks to generate income and preserve principal.|
|Resource Real Estate Diversified Income Fund||Diversified Income Fund||Resource Alts||Open|
|With the Resource Real Estate Diversified Income Fund (the “Fund”), you can invest in a diversified portfolio of real estate assets.|
|Resource Real Estate Opportunity REIT, Inc.||REIT||Resource REIT||Closed|
|An Opportunity to Invest in Distressed Properties with an Experienced Sponsor, Resource Real Estate, Inc., that has a 20-Year Track Record in Distressed Real Estate Investing.|
|Resource Real Estate Opportunity REIT II, Inc||REIT||Resource REIT II||Closed|
|Resource Real Estate Opportunity REIT II can diversify an investment portfolio with exposure to real estate and seeks to provide a steady income stream, capital preservation, and capital appreciation.|