Dekel Capital Launches Investment Banking Firm

SANTA MONICA, CA-Commercial real estate finance veteran Shlomi Ronen has launched Dekel Capital, a boutique real estate investment banking firm with offices in here and in Tel Aviv. The company’s primary focus is on raising capital, both equity and debt, for a wide range of real estate transactions including development projects, acquisitions and recapitalizations throughout the US, according to a company announcement, which says that it is also facilitating off-market investment sales transaction as well as note and REO sales for its clients.

Dekel is raising in excess of $200 million of equity, mezzanine and debt on behalf of its clients. Its current assignments include raising $55 million in equity for three multifamily projects in California, a programmatic GP equity raise for a seasoned multifamily developer, and $14 million of mezzanine and bridge debt (90% LTC) for the acquisitions of a fractured condo project located in the Southeast.