Arel Capital was founded by Richard Leibovitch and Gabriel Bousbib, following successful nearly three decade careers in capital markets, asset management and hedge funds. Arel's other key team members include Teddy Schiff and Eric Lagdameo, who bring respectively 10+ years of real-estate development experience in the New York City market and more than $1 billion in real-estate acquisitions in the multi-family space in the past 15 years. The firm’s team, now 15 strong, combines investment experience in real estate and asset-based lending with debt and equity capital markets expertise. It brings institutional-quality due diligence and investment processes to a segment underserved by large real-estate allocators.
Since it was launched in early 2013, Arel Capital has closed more than 28 transactions, representing about $1.5 billion worth of real-estate in five cities (New York, Houston, Denver, Austin and Charlotte). About 150 limited partners, including high net worth individuals, family offices and institutional investors, have invested in Arel Capital transactions.