Arcis Capital Partners LLC has acquired Greston Partners LLC, a real estate investment adviser and asset manager. No financial terms were disclosed. Also, Arcis has named Mohaymin Monem as a principal. He will be based in the firm’s new Atlanta office.
NEW YORK, NY–(Marketwired – November 02, 2016) – Arcis Capital Partners LLC (“ArcisCap”), an investment advisory, investment banking, and investment management firm specializing in the US private equity, venture capital, real estate and M&A transactions with principal focus on investors from Greater China and the Middle East, announced today that it has acquired Greston Partners LLC, a real estate investment advisory and asset management firm with Mohaymin (“Mohi”) Monem as its Principal. Mohi will be joining ArcisCap as a Partner and head of its real estate and hospitality investments business. Mohi will be based out of ArcisCap’s recently established Atlanta office.
Mohi is a real estate and hospitality executive with breadth of experience that spans advising and working for multiple institutional investors as well as real estate operators, developers, and advisors. Mohi previously led the hospitality investment platform at State General Reserve Fund (sovereign wealth fund of Oman) and was a Principal within the Real Estate group with a prolific investment track record in Europe and North America. Prior to that, Mohi was as a Vice President at Dubai Investment Group, where he was responsible for investment and asset management for a multi-billion dollar global real estate and hospitality portfolio. Mohi has also held various corporate and management positions at Marriott International Inc., Hotel & Leisure Advisors, Four Seasons Hotels & Resorts, and Ritz Carlton LLC.
Afzal (“Al”) Tarar, Chairman and Managing Partner of AricsCap said, “We are delighted to integrate Greston Partners into our business and Mohi as a partner to lead our real estate and hospitality investments business. Mohi’s global track record, diverse perspective and deep capital and sector relationships will significantly add to ArcisCap’s capabilities in growing our real estate and hospitality investments business. Given our investors’ strong appetite for US real estate investments, Mohi will be pivotal in accelerating our deal sourcing and investments in various sectors, including student housing, hospitality, mixed-use, and industrial.”
Mohi Monem, Partner of ArcisCap, and former Managing Director of Greston Partners said, “I am excited about the opportunity to work alongside an expanded team with diverse experience, and leverage ArcisCap’s & Greston Partners strong institutional and HNW capital relationships in Asia and the Middle East towards our proprietary deal flow in various real estate sectors in the US.”
In addition to Mohi and Al, ArcisCap’s core partner team includes Raana Khan, Suresh Sharma, and Steven W Sorensen. Al further added, “Thanks to the strength of our core partner team, we have already secured several marquee projects and proprietary deals in Georgia, Florida, New York and Texas. We look forward to Mohi’s continued success with us.”