Mon Ami Real Estate

What Mon Ami Real Estate does

Mon Ami Real Estate is a privately held boutique real estate investment management firm founded in 2010 by Anand Sheth and headquartered in Chicago, Illinois. The company acquires and manages value-add real estate across multiple asset classes — including Class B/C industrial, retail, office, residential, and land — across 25 US states, with a primary focus on mid-market assets typically under $20M that fall between the threshold accessible to individual investors and those large enough to attract significant institutional interest. Over 15 years, the firm has purchased 345 investment properties and sold 87, building a portfolio valued at $350M+ in assets under management with 6.7M+ total square feet owned. The company serves institutional investors and high-net-worth private investors/family offices, with principals and families co-investing over $19M alongside other investors to align interests.

The firm operates a vertically integrated in-house team spanning acquisition, asset management, property operations, leasing, sales, legal, and accounting functions, supported by a leadership team that includes a CFO (Arshi Bharucha, appointed May 2025), Chief Legal Officer & SVP Operations (Evan Epstein), SVP Investments (Patrick Lockman), and Principals overseeing leasing and investor relations. The technology stack is composed of standard third-party real estate infrastructure rather than proprietary platforms: a Squarespace-hosted corporate website, InvestorCafe investor portal, Securecafe tenant portals for commercial and residential users, and Crexi marketplace listings for commercial inventory. Distribution is primarily direct, relationship-driven outreach to prospective investors via contact forms and portal access, supplemented by repeat-seller and intermediary networks that source off-market deal flow.

Mon Ami's business model is managed-services in nature: revenue derives from property appreciation, rental income, and successful dispositions of investment properties within the portfolio, with management fees, carried interest, and transaction-based compensation structures not publicly disclosed. The company operates an affiliate lending entity, Mon Ami Capital, which extends the platform's scope into financing solutions. The firm has reported 15 years of consistent quarterly preferred returns to investors, positioning its differentiation around principal co-investment, off-market deal access through cultivated intermediary relationships, and active asset management including property repositioning and capital structure restructuring.

Name

Mon Ami Real Estate

Legal name

Mon Ami Real Estate

Website

https://monamire.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

11–50 employees

Short description

Mon Ami Real Estate is a privately held, Chicago-based boutique real estate investment management firm founded in 2010 that acquires and manages value-add commercial and residential properties across 25 US states, serving institutional and private investors with mid-market deals typically under $20 million.

Ownership category

akta.pro rank

Product category

Real Estate Investment Management

NAICS

Other Investment Pools and Funds (5259), Real Estate Property Managers (53131), Offices of Real Estate Agents and Brokers (5312)

SIC

Investors, Nec (6799), Operators Of Nonresidential Buildings (6512), Real Estate Agents & Managers (For Others) (6531), Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

Real Estate Funds — Opportunistic / Development (FSANAEAI)

akta.pro secondary industries

Real Estate Funds — Core (Stabilized, Income) (FSANAEAF), Real Estate M&A / Joint Venture Advisory (Platform Deals, Partnerships) (BPAJANAF)

Keywords

• Real estate investment
• Commercial property management
• Value-add acquisitions
• Asset management services
• Property leasing services

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Real Estate Investment Management: The company generates revenue through acquiring and managing value-add real estate properties across multiple asset classes. Revenue is derived from property appreciation, rental income, and successful dispositions of investment properties. Principals and families have invested over $19 million alongside other investors, indicating aligned interests in property performance.

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

Core offering

Mon Ami Real Estate is a boutique investment management firm that acquires and manages value-add real estate properties across multiple asset classes including industrial, retail, office, residential, and land. The firm targets mid-market assets typically under $20M and partners with institutional and private investors through direct co-investment opportunities, with principals investing alongside outside investors. The firm also provides commercial and residential property management, leasing, and sales services across its portfolio operating in 25 states.

Product overview

Mon Ami Real Estate is a boutique real estate investment management firm that provides investment management services to institutional and private investors. Rather than offering discrete software products or modules, the company operates as a service-based investment platform managing a $350+ million portfolio of commercial and residential properties across 25 states. Services include property acquisition, value-add repositioning, property management, leasing, sales, and investor relations. The company also has an affiliate lending operation called Mon Ami Capital that provides financing solutions.

Differentiator

Problem solved

Functional benefit

Brands

• Mon Ami Capital: Affiliate lending company operated by Mon Ami Real Estate and its principals.

Products and services

• Real Estate Investment Management End-to-end real estate investment management service covering acquisition, repositioning, management, and disposition of value-add real estate properties across industrial, retail, office, residential, and land asset classes. Targeted at institutional and private investors with mid-market assets typically under $20M.
• Commercial Property Leasing and Sales Commercial property leasing and sales services for commercial tenants seeking industrial, retail, and office space. Provided across the firm's portfolio of properties in 25 states.
• Residential Property Leasing and Sales Residential property leasing and sales services for residential tenants and buyers. Provided across the firm's residential portfolio.
• Commercial Property Management Commercial property management services for the firm's portfolio of industrial, retail, and office assets, with an in-house property management team.
• Residential Property Management Residential property management services for the firm's residential portfolio, including multi-family and single-family assets.
• Affiliate Lending Services Affiliate lending services offered through Mon Ami Capital, providing financing options to clients of the firm.

Quantifiable outcome

• 15 years of consistent quarterly preferred returns delivered to investors
• +4 more outcomes

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Emerging players

• CrowdStreet: Online commercial real estate investment marketplace connecting sponsors with individual and institutional investors. Comparable to Mon Ami in targeting accredited investors for mid-market CRE deals but with a technology-enabled, marketplace-driven model versus Mon Ami's traditional relationship-based approach.
• Cadre: Technology-enabled commercial real estate investment platform serving institutional and high-net-worth investors. Comparable to Mon Ami in mid-market CRE exposure and target investor base but distinguished by proprietary technology versus Mon Ami's traditional approach.
• EquityMultiple: Online commercial real estate investing platform offering curated deal access to accredited investors. Comparable to Mon Ami in mid-market commercial focus and investor segment but operates through a tech platform versus Mon Ami's direct-relationship model.

Direct peers

• Origin Investments: Chicago-based boutique real estate investment manager focused on mid-market value-add multifamily and commercial deals with co-investment from principals. Closely comparable to Mon Ami in deal size, asset class focus, founder-led structure, and Chicago headquarters.
• Northstar Asset Management Group: Privately held real estate investment management firm focused on value-add commercial and multifamily assets across multiple US markets. Comparable to Mon Ami in mid-market focus, value-add repositioning, and relationship-driven sponsor model.
• Westmount Realty Capital: Boutique commercial real estate investment management firm targeting value-add and opportunistic assets across multiple US markets. Comparable to Mon Ami in mid-market focus, value-add repositioning strategy, and relationship-driven off-market sourcing approach.
• Passco Companies: Privately held real estate investment management firm specializing in multifamily, office, industrial, and retail value-add acquisitions. Comparable to Mon Ami in opportunistic value-add strategy, multi-asset-class approach, and principal co-investment model.

Broad incumbents

• Crow Holdings Capital: Large established commercial real estate investment manager with deep institutional relationships and broader product offerings. Comparable to Mon Ami in value-add commercial strategy but operates at significantly greater scale and with institutional capital pools.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/mon-ami-real-estate

Revenue estimate

Valuation estimate

Number of profiles

Profiles16 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mon Ami Real Estate