About Us
History & Background
Founded in 2009, Sorani Capital LLC provides asset management and professional services to investors and owners. The firm’s portfolio in the U.S. and India currently exceeds $500 million of assets under management (including client mandates and principal investments). A Sorani affiliate is a certified MBE in New York State and New York City.
Our Philosophy
Sorani’s investment philosophy is built upon three primary pillars: (i) value-oriented acquisitions structured with attractive pricing and mitigated downside risks, (ii) conservative leverage to ensure an appropriate margin of safety for each investment, and (iii) activist value-added approach to asset management and development execution.
Current Investment Strategies
• United States: (i) multi-family and residential acquisitions for long-term hold that provide inflation protection and current yield, (ii) affordable housing development and rehabilitation (including equity joint ventures, preferred equity positions and the provision of mezzanine loan financing), (iii) medical office investments (value add or core plus) in Tier I markets, and (iv) private equity and venture capital investments in select operating platforms and vehicles (affordable housing, medical office, green energy & renewables, emerging VC funds, etc.)
• India: (i) real estate development projects in Tier I cities, particularly for-sale residential assets that benefit from India’s growing middle-class and strong demographics, and (ii) provision of venture capital, private equity, consulting & advisory services to micro-finance, micro-credit, mortgage brokers/bankers and renewable energy platforms and companies
Flexible Investment Structures
• Transaction-specific GP/LP vehicles for global institutional investors (with fee simple ownership or structured ground lease of the underlying real estate)
• Long-duration trusts designed to provide up-front tax benefits for U.S.-based HNW investors
• Pooled fund platforms and single-project vehicles for NRIs, PIOs and India-based investors
Asset Management Expertise
Sorani’s activist value-added approach to asset management and development execution is based upon its management team’s extensive track record in the United States and India. The firm’s founder previously led asset management for a development portfolio of 20+ residential and mixed-use projects in India worth over $5+ billion (primarily in Delhi-NCR, Mumbai and Bangalore). In the United States, Sorani’s founder managed a $500 million mixed-use completed asset portfolio including Four Seasons and Ritz Carlton assets across five major U.S. cities (New York, Washington D.C., Miami, San Francisco and Boston). Sorani’s real estate expertise extends across multiple asset classes and includes residential, mixed-use, retail, office, hotel, parking, health club & health care operators.
Full-Spectrum Institutional Capabilities
For each mandate, Sorani provides clients with detailed underwriting, thorough due diligence and full-spectrum real estate, asset, insurance and property management services. Sorani’s clients benefit from the firm’s institutional-quality transparency, governance and reporting standards. The firm has developed world-class capabilities across a range of real estate and private equity functions including asset management, development execution, capital raising, deal structuring, transaction underwriting, project feasibility, due diligence, investor reporting, tax structuring, public relations, human resources and staffing.