History

Centerline is a leading, full service real estate investment manager with a 40 year track record

  • The Company’s origins date back to 1972 when it was founded as a subsidiary of The Related Companies LP providing multifamily finance and investment management services
  • A predecessor of Centerline listed on AMEX as CharterMac in 1997
  • In 2003, CharterMac acquired its external manager, Related Capital Company
  • In 2007, the Company was renamed Centerline Capital Group
  • Centerline has grown rapidly both organically and through acquisitions to become a full service real estate asset manager

Timeline

2010

Sold commercial real estate fund management and servicing businesses and formed partnership with Island Capital Group.

2007

Company renamed Centerline Capital Group

2006

Acquires ARCap Investors LLC, a commercial real estate fund manager

2004

Acquires Capri Capital, a mortgage banking and fund management firm

2003

CharterMac acquires its manager, Related Capital Company, an equity fund manager

2001

CharterMac acquires PW Funding, diversifying into mortgage banking

1997

CharterMac lists on the AMEX with a $350 million tax-exempt bond portfolio

1972

CharterMac lists on the AMEX with a $350 million tax-exempt bond portfolio