Real estate manager sees changes in leadership

Real estate manager sees changes in leadership

July 31, 2017
in Category: News

Real estate manager sees changes in leadership

For many in the real estate industry, the name Kevin Donahue invokes the image of a strong work ethic, calm composure, and sharp decision-making skills. It may be interesting to learn that Kevin Donahue has left his role as C-III Asset Management President, as well as C-III Capital Partner senior managing director. This news is gleaned from Donahue’s professional emails, and the firm’s announcement of his decision confirms it. Barry Davis is C-III Asset Management’s new president and will be ready to take the company through new territory over the next few years. The firm is run under Chairman and CEO Andrew Farkas.
A Look Back At His Career
Donahue started with C-III back in the fall of 2010. His start came after the acquisition of the servicing business, Centerline. Since 2011, he was chief operating officer. He works with general counsel, Jenna Unell and senior managing director, Lindsey Wright to make up the C-III’s executive management team, providing an effective counsel for the decisions they’ll be making. Donahue who was head of the servicing division for C-III, made the personal choice to shift to more of an advisory role so he could have more family time. After a delayed response, Donahue’s email states that he plans on staying active with the industry, and will stay on in an advisory capacity.
The firm is appreciative of Donahue’s many contributions to C-III since he joined in 2010. Without his leadership, the company may have been left treading water during a period of significant change and growth. They have noted their excitement at leveraging his expertise to further grow the business and their industry, over the next several years. This information comes from Frank Garrison, C-III Capital Partners, president. He has noted the firm is lucky to work with someone of Barry’s caliber, who can seamlessly take up the role of president. They are confident with his experience in the industry, as well as his expertise in helping to grow and develop new business.
In the Early Years
Before coming to Centerline and C-III, Donahue was chief operating officer for a multi-family owned development company, and before that, he worked with a business affiliated with Allied Capital for commercial real estate loan origination. Before that, it was Bank One and their successor companies for 15 years, such as Orix Capital Markets.
C-III Asset Management is the primary service provider for $6 billion in commercial real estate loans for more than $40 billion.