Grayeli Investment Management

Eli Weinberg founded Grayeli Investment Management. Before launching the firm, Weinberg was a senior vice president at Kayne Anderson Real Estate, where he specialized in middle-market real estate credit origination and structuring. His tenure at Kayne Anderson coincided with the firm's expansion into real estate debt strategies, giving him direct exposure to the underserved transitional lending space Grayeli now targets.

The firm concentrates on high-growth US Sun Belt markets — including Florida, Texas, Georgia, and the Carolinas — alongside coastal infill submarkets in the New York metropolitan area and South Florida. These are regions where population and employment growth support strong multifamily and industrial demand, and where transitional assets frequently require bridge capital during repositioning.

Grayeli operates strictly as a credit investor. Its instruments are structured as loans — first mortgages, mezzanine debt, or preferred equity — rather than common equity. Preferred equity positions are structured with a fixed accruing return and seniority over sponsor equity, functioning as deeply subordinated credit rather than residual ownership.

The firm's capital comes from family offices and institutional investors seeking yield generation that is uncorrelated with broader equity markets. Grayeli does not publicly disclose its limited partner roster, but its investor base reflects the firm's positioning as a niche credit manager rather than a mass-market retail platform.