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Resource
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 America, Inc. and its advisor subsidiaries.
About Investment Manager
Founded: 1991
Management Team:
Sponsored Offering(s):
(See tables below)
REITs
Resource Apartment REIT III, Inc.
Resource Real Estate Opportunity REIT, Inc.
Resource Real Estate Opportunity REIT II, Inc.
Resource Income Opportunity REIT, Inc. (formerly Resource Income & Opportunity REIT, Inc.; Resource Innovation Office REIT, Inc.)
Interval Funds
Private Placements
See table below
Contact Information
Resource Real Estate
1845 Walnut Street
18th Floor
Philadelphia, PA 19103
Phone
215-231-7050
Fax
215-640-6320
Email
ir@resourcerei.com
Snapshot
AUM*
$2.45 Billion
Total Equity Raised**
$3.5 Billion
Number of Liquidity Events***
15^
^ Private offerings
* Total assets for all active alternative investments reported by sponsors.
** During offering periods, including DRIP proceeds, for all offerings reported by sponsors.
*** As defined by Blue Vault where total liquidity has been achieved for common stock.
Links
Beyond the Core Podcast: Find Late-cycle Real Estate Value
Beyond the Core Podcast: Searching for Solutions to Fixed-income Risks
Commercial Real Estate Is Strong … If You Know Where to Look
The Fed’s Fair Warning: Don’t Cut Rates to Boost Inflation
The State of Commercial Real Estate is Strong … If You Know Where to Look
In 3 Points: How Co-working, Labor Costs, and M&A May Impact Real Estate Investing
Shifts in Credit Markets Highlight Importance of Active Management
In 3 Points: Navigating an Impending Fixed-income Liquidity Crisis
Press Releases
Resource Apartment REIT III, Inc. Purchases Tramore Village
Resource Credit Income Fund (RCIAX) Announces Quarterly Distribution
Resource Real Estate Diversified Income Fund (RREDX) Announces Quarterly Distribution
Nontraded REITs
Resource Apartment REIT III, Inc.
4/28/16
TBD
Multifamily
Growth
$104.5M
$207.8M
6
3/31/19
SRP
2/6/14
2/6/16
Multifamily
Maturing
$569.8M
$831.2M
17
3/31/19
SRP
6/16/10
12/13/13
Multifamily
Maturing
$633.1M
$1,051.7M
30
3/31/19
SRP
6/10/15
6/10/18
Office
Liquidating
$5.1M
$13.3M
1
12/31/17
Not Applicable
The company has not filed a 10-Q or 10-K with the SEC since the quarter ending December 31, 2017. On May 10, 2018, the company filed a Form 15-15D notifying of Suspension of Duty to Report.
Interval Funds
Resource Credit Income Fund
4/7/15
Continuous
Credit
$244.4M
$223.3M
3/31/19
Tender
Resource Real Estate Diversified Income Fund
3/11/13
Continuous
Diversified Real Estate
$379.9M
$360.0M
3/31/19
Tender
Private Placements
15
$306.0M
$0.0*
12/31/18
Learn more about Blue Vault's BluePoints
*Total capitalization of Resource’s fifteen liquidated private offerings was $815.0 Million.
DISCLAIMER: Blue Vault receives all private placement data directly from the sponsor of each offering and not from any filing. The data should not be relied upon to make investment decisions. Blue Vault cannot guarantee the accuracy of the private placement data.
