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Clifford S. Perlman, Chairman
Clifford Perlman has been involved in various areas of commercial real estate for the past 50 years. His expertise ranges from acquisition and management to new construction and development in markets such as New Jersey, Florida, Las Vegas, and California, among others. He has a proven track record of excellence in his investments and developments, and is well positioned to participate in real estate transactions of all kinds.
In 1956, Mr. Perlman founded the first store of fast food chain Lum's, Inc. in Miami Beach, Florida. He sold the company in 1971 to John Brown of Kentucky Fried Chicken. At the time of sale, the company owned and franchised 400 stores in the U.S., Hawaii, Puerto Rico, and Europe. In 1969, under the ownership of Mr. Perlman, Lum's, Inc. purchased Caesar's Palace, a 500 room hotel casino on the famous Las Vegas Strip, for $60 million and renamed it Caesar's World. In its first year under Mr. Perlman's ownership, the hotel earned $5.8 million in pre-tax profits. From 1969 to 1982, Mr. Perlman expanded the hotel to 1750 rooms; during this 13 year period, profits rose from $5.8 million to $82 million pre-tax.
Mr. Perlman also developed and built Caesar's Tahoe, a 700-room hotel casino on the south shore of Lake Tahoe; Caesar's Palace Atlantic City, a 500-room hotel/100,000 SF casino complex; and Cove Haven and Paradise Stream in the Pocono's, a hotel complex specializing in honeymoon suites with heart-shaped pools, bath tubs, and beds. Under Mr. Perlman's ownership, Cove Haven's pre-tax profit increased from $1 million in 1972 to $32 million in 1982.
Mr. Perlman was also the first Chairman of MGM Grand Hotels in Las Vegas, including his involvement in financing and building of the project.
In addition to his vast experience as a developer and operator, Mr. Perlman was also a trustee at Mt. Sinai Hospital in Miami Beach and the University of North Las Vegas. In 1981, Mr. Perlman was awarded Man of the Year for his participation in the formation and development of the U.S. Olympic Committee.
Mr. Perlman continues to actively invest in and develop real estate throughout the United States.
Abe Rosenberg, President
Abe Rosenberg serves as President of Multi Capital Group. Abe's primary focus is in sourcing investment opportunities. His extensive real estate experience of over 40 years combined with his vast network allows him to bring incomparable real estate investment vehicles to our associates and clients. While focused on a variety of disciplines within MCG, he is also proactive in forming well proportioned and diverse talents in connection with executing complicated transactions.
Mr. Rosenberg began his career as an Electrical Engineer with a Bachelors degree from CCNY. As an engineer he worked on Anti-Submarine Warfare Systems used by the U.S. Navy and on the Minute Man Missile project. Abe continued his education in LIU where he earned an MBA in Finance; in subsequent years he went into commercial real estate in Brooklyn and Queens. He was involved in concluding some of the largest sales and leasing transactions at that time including the leasing of over 1 million square feet of industrial space at the Brooklyn Navy Yard and the sale of a headquarters building to Levitan Electrical.
After joining the Sylvan Lawrence Company as a VP, he concluded several significantly large transactions including the leasing of several hundred thousand square feet of computer space to the Human Resources Administration and to the Financial Information Services Administration at 111 Eighth Avenue, the former Port Authority Building. These became the largest raised floor computer centers in the city having 200,000 square foot floor plates. These major leases were instrumental in the conversion of 111 Eighth Avenue from an industrial/warehouse building into becoming the premier Computer / Hi Tech center in New York.
As a VP at Helmsley Spear in New Jersey, he concluded some of the largest industrial leases in the Meadowlands with Hartz Mountain. He also completed significant financing transactions with the Nippon Credit Bank including the financing for the development of the one million square foot headquarters of Blue Cross -Blue Shield in Newark, New Jersey. Abe has been active in recent years in Japan working with some of the largest private equity groups and major institutions with international reach such as Blackstone, Starwood Capital, AIG, Apollo, Merrill Lynch, Bear Stearns, MetLife and General Growth Properties.
Lawrence J. Longua, Senior Managing Director
Lawrence J. Longua is the Senior Managing Director of Multi Capital Group, and a Clinical Associate Professor in the Masters at The Real Estate Program of the Real Estate Institute, New York University.
Mr. Longua has over 35 years of commercial real estate having held senior positions in the real estate units of major commercial banks, both foreign and domestic. Prior to joining Multi Capital, Larry's positions and responsibilities included lending, debt resolution, syndication and participation sales, and whole loan placement. These institutions include Chemical Bank, Irving Trust Company, Bankers Trust Company and The Mitsubishi Trust and Banking Corporation.
Mr. Longua received a Bachelor of Social Sciences degree in Economics from Fairfield University and Masters in Business Administration degree from Dowling College, completed the Harvard University Advanced Management Course, and is a member of the Delta Mu Delta National Honor Society in Business Administration.
Mr. Longua's professional and community activities include or have included, Co-director of NYU REIT Center, Real Estate Institute Appraisal Advisory Council, Adjunct Faculty, Stern Business School MBA Program, Director of Acadia Realty Trust (NYSE: AKR) from 1993 (IPO) to 2004, Former president and current member of the Board of Governors at The Mortgage Bankers Association of New York, Chairman of MBA of New York Scholarship Foundation, Former member of the Board of Directors of the Association of Foreign Investors in U.S. Real Estate (AFIRE), Board of Directors of the Long Island Chapter of the Catholic League for Religious Rights, Advisory Board of New Horizons, Inc., an advocacy organization for severely disabled.
Mr. Longua oversees the debt and equity placement on behalf of Multi Capital and its clients.
Dov Shimanowitz, Chief Operating Officer
With over fifteen years in the Real Estate, Banking and Finance industries, Dov brings operational experience from both the Mortgage Lending, Title Insurance and High Technology perspectives. Focusing on the business processes from operational flow and the use of technology to business development and strategic planning, Dov crafts the strategic directions for existing businesses, as well as identifying and expanding new business opportunities.
Abraham Zeigermann, Partner
Abraham Zeigermann serves as a Senior Managing Director for Multi Capital Group. Abe is a board member, and responsible for overseeing the underwriting teams and real estate consulting group. Abe also manages equity investor relationships in conjunction with implementing debt/equity transactions. His background as a real estate appraiser for close to a decade provides him with a combination of skills and experience to draw from when working with investors and capital partners.
Prior to joining the firm, Mr. Zeigermann was vice president at KTR-Newmark, an international real estate valuation firm where Mr. Zeigermann gained incalculable experience in valuations of residential, office, retail, mixed and special use real estate assets. He offered his consulting and appraisal services to a broad client base where he earned significant exposure to the real estate industry.
Mr. Zeigermann has a unique combination of skills and experience earned over the past decade which enhances realizable value for Multi Capitals' clients, investors and capital partners alike.
Eli Verschleiser, Founding Partner
Mr. Eli Verschleiser is a Senior Partner and founding member of Multi Capital Group. Eli has an extensive background in the Real Estate Finance and Development industries. He possesses a total of 10+ years experience in the full gamut of commercial real estate finance and property development. Eli Verschleiser, originally trained in Real Estate Finance has been involved in development projects in New York City, Brooklyn NY, Philadelphia PA, & South Florida.
Eli's success is based upon longstanding professional relationships with key financial institutions including commercial banks, conduits, pension funds, Mezz and Equity funds and Insurance companies, in addition to major developers and investors throughout the U.S and abroad.
Eli's past employment opportunities has allowed him to sharpen his skills in areas of business development, and Real Estate finance. He has worked on teams of multiple sizes and projects of various complexities. While a leader at Multi Capital Eli is a Board Member and responsible for planning and implementing Financial Strategies for real estate development projects on behalf of numerous high profile client.
Bernard Nagelberg, Senior Managing Director
Bernie has been a venture capitalist / investment banker for the last twenty years with a primary focus on the public markets. Mr. Nagelberg has been involved in several private and public companies as a founder, officer and director including Inkine Pharmaceutical Corp.
Since joining Multi Capital Group, Bernie has brought his vast network of contacts in the Investment Banking arena and the Real Estate field to Multi Capital Group. Bernie is a board member and responsible for structuring the equity components of Multi Capital and its clients.
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