Resource America, Inc. is an asset management company that specializes in real estate and credit investments. The Company’s objective is to be best in class among asset managers in the real estate and credit sectors as measured by returns to investors and the quality of the funds and businesses it manages. Resource America’s investments emphasize consistent value and long-term returns with an income orientation.
Resource America, Inc. is a wholly owned subsidiary of C-III Capital Partners, a leading real estate investment management and commercial property services company.
Chief Operating Officer
Justin Milberg is Chief Operating Officer of Resource Liquid Alternatives. Prior to joining Resource, Mr. Milberg was a Managing Director in the Financial Institutions Investment Banking Group at Merrill Lynch and before that was a Managing Director at Lazard. Mr. Milberg has nearly 20 years of experience in the financial services industry, and has an MBA from The Wharton School of Business and a BA from Cornell University.
Michael Terwilliger is the Portfolio Manager of Resource Liquid Alternatives for the Resource Credit Income Fund. Previously, Mr. Terwilliger was a Senior Credit Analyst at Shenkman Capital and before that served as a High Yield Research Analyst at Bank of America Merrill Lynch. Mr. Terwilliger has over 10 years of experience as a credit analyst, with expertise in a range of products including high yield bonds, distressed debt, bank loans, and convertibles. Mr. Terwilliger received an MBA from the University of Virginia Darden School of Business and a BA from Northwestern University. Michael is a CFA charterholder and a member of Joel Greenblatt’s Value Investors Club (VIC).
Kate Davis is Vice President of Resource Liquid Alternatives and also serves as an Analyst. Previously, Ms. Davis was Vice President for Resource Real Estate Funding, responsible for sourcing, underwriting, performing due diligence and closing whole commercial loans. Ms. Davis has over 12 years of finance and real estate investment experience. Ms. Davis holds an MBA from The University of Chicago Booth School of Business and a BS in Finance from University of Illinois Urbana-Champaign.