Hedge fund and private equity fund manager EJF Capital (EJF) has appointed Asheel Shah as a Senior Managing Director and Head of Real Estate, effective 1 October 2018.
Shah will direct all commercial real estate investment activities including ground up development.
Shah brings with him over 20 years of experience in the real estate industry. Most recently, he was President and Chief Investment Officer of the Multifamily division at Kettler Inc, a diversified real estate development company. Shah oversaw acquisitions, asset management, development, construction and equity capital sourcing in the Multifamily division.
Neal Wilson, co-founder and Chief Operating Officer of EJF, says: “We are very pleased to have Asheel Shah join EJF to lead our real estate investment business. EJF believes that commercial real estate will be an important component of the firm’s growth in the future. Given Asheel’s experience in all facets of the real estate business, we believe he is the right person to provide leadership in our real estate vertical.”
