Arel Capital

Richard M. DeMartini, the Managing Partner, is the central decision-maker. DeMartini was previously a senior executive at Morgan Stanley, where he served as President and Chief Operating Officer of the asset management division before moving to lead the family office. His background shapes a blend of institutional discipline and family-office discretion.

Arel Capital typically invests its own principal capital and is not known to solicit outside funds. For larger real estate transactions, it has historically partnered with established property developers and operators through joint-venture structures, though these arrangements are private and deal-specific.

Public records and prior media coverage have connected Arel Capital to commercial real estate holdings in New York City, including boutique office buildings and select retail properties in Manhattan corridors. The firm favors income-producing assets with long-term capital appreciation potential, rather than ground-up development risk.

No. Arel Capital operates as a private family office and does not provide investment advisory services to outside clients. It is structured to be exempt from registration under the Investment Advisers Act, consistent with single-family office rules.

The specific origin of the family's wealth has not been publicly disclosed. Richard DeMartini's own career at Morgan Stanley provided a professional foundation, but the capital base appears to be family-derived and multi-generational rather than tied to a single entrepreneurial exit.