Insignia Financial Group
Defunct real estate company / From Wikipedia, the free encyclopedia
For other uses, see Insignia (disambiguation).
Insignia Financial Group was a company that invested in apartments that were financially distressed, with the goal of increasing value via recapitalization.[1] It was founded and controlled by billionaire Andrew L. Farkas and was headquartered in Greenville, South Carolina. It was the largest manager of apartments, controlling 300,000 apartment units at its peak.[2] The company was sold in two tranches in 1999 and 2003.
Quick Facts Industry, Founded ...
Industry | Real estate |
---|---|
Founded | 1990; 34 years ago (1990) |
Defunct | 2003; 21 years ago (2003) |
Fate | Acquired by Aimco & CBRE Group |
Headquarters | Greenville, South Carolina |
Website | https://www.insigniafinco.com/ |
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