NEWPORT BEACH, CA--(Marketwired - Jan 7, 2016) - Alex Mogharebi, one of the leading commercial real estate (CRE) brokers in the U.S., opened his new firm, The Mogharebi Group, today to offer a revolutionary platform of multifamily investment sales, financing and advisory services.
"There is a tremendous market opportunity in commercial real estate to bring the sophistication and expertise of Wall Street to 'Main Street' investors, and truly accelerate their wealth creation," said Mogharebi (pronounced "mor-AH-bee"). "We offer our clients long-term industry relationships in the multifamily sector combined with a seasoned team of professionals who enjoy a virtually unmatched track record of success. My clients have ranged from high net worth individuals to the most sophisticated organizations in the multifamily field. My team knows how to deliver the ultimate client experience and we are excited to do so now under our own brand."
According to Mogharebi, a key market differentiator for the new firm is its ability to provide investment sales and/or the right lending products to effectuate the correct strategy for the client and execute the transaction that maximizes the client's returns. While some firms offer both capabilities, The Mogharebi Group has a unique approach to determining whether selling or refinancing a property ideally serves the client's best interest: In the final analysis the market will determine the best option.
"In other CRE firms, the brokerage and lending sides of the business tend to arm-wrestle as to which one 'wins the transaction' with a client," said Mogharebi. "We want to eliminate that conflict and let the market decide the best solution, whether selling or refinancing a property. With no risk or cost to the client, we will initiate a side-by-side brokerage-and-refinance process, weigh how the market responds, and then present our clients with their top options."
To form a seamless process between sales and lending, The Mogharebi Group has created a joint venture with Cohen Financial and its parent company Pillar. Cohen Financial is one of the nation's leading originators of commercial and multifamily real estate financing. Pillar is one of the nation's leading direct lenders of multifamily real estate and one of the few lenders in the country that offer Fannie Mae, Freddie Mac and Federal Housing Administration HUD loans alongside traditional life insurance company portfolio, CMBS conduit, and bridge loans under one roof. Through this venture, The Mogharebi Group brings direct lending products, expertise, and a unique business model focused on serving the full spectrum of multifamily investors' needs.
"Alex Mogharebi brings decades of experience in helping investors build wealth through commercial real estate. We are very excited to help him expand his reach by offering the full array of financing products and services," said Manny Brown, President of Capital Markets at Cohen Financial. "In a business that's all about ability to execute, Alex has distinguished himself and stands in a class by himself. His new firm will provide a combination of marketing, sales, financing and advisory services that will produce the best possible outcomes for clients to achieve their personal and business goals."
About The Mogharebi Group
Founded by Alex Mogharebi, one of the leading commercial real estate brokers in the U.S. and a leading expert on the multifamily sector in Southern California. Prior to forming The Mogharebi Group, Alex was ranked No. 1 nationwide for 17 years at Marcus Millichap and Berkadia, closing in excess of 50,000 units and total sales approaching $5 billion. The Mogharebi team brings together a group of professionals with world-class expertise, aligned culturally and economically, to pursue the best interests of its investors. The team offers a one-of-a-kind approach to real estate investing, acting as a broker as well as delegated underwriter and loan servicer to offer direct-lending options for its clients. To learn more about the firm, visit www.mogharebi.com.
About Cohen Financial
Cohen Financial is a diversified, commercial real estate capital services firm offering debt and equity placement, loan administration and advisory services. Cohen Financial is well recognized as one of the nation's leading loan servicers and special servicers, as well as an originator of commercial and multifamily real estate financing. Known for finding innovative solutions to meet client needs, the company maintains an Equity Practice to help borrowers complete their capital needs and an enhanced Capital Advisory and Valuation Services to assist financial institutions and investors to better evaluate assets and investment opportunities.
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