Why the Mogharebi Group Eschews Arm Wrestling

NEWPORT BEACH, CA—Focusing on wealth creation for the client regardless of the type of transaction that will accomplish it is the thrust of the Mogharebi Group, a newly formed joint venture between Alex Mogharebi and Cohen Financial. As GlobeSt.com recently reported, Mogharebi says “in other firms, the brokerage and lending sides of the business tend to arm-wrestle as to which one ‘wins the transaction’ with a client,” whereby his firm aims to “eliminate that conflict and let the market decide the best solution, whether selling or refinancing a property.” We spoke exclusively with Mogharebi and Cohen Financial’s president of capital markets Manny Brown about the new venture and why its premise makes sense.

“After being in the market for more than 30 years with sales in excess of $5 billion and more than 50,000 units sold, we wanted to create a platform that is conducive for the client to make the best decision for wealth creation,” Mogharebi tells us. “This new platform is a venture between two very unique organizations that is all about focusing on the client. The team is composed of a group of experts that specialize in a segment of our business that allows us to simultaneously provide asset disposition, location of exchange properties, as well as capital structuring services to our clients. There are others in the marketplace that have all of the pieces that we have; however, the lack of organization, cooperation and correct compensation results in conflicts of interest which keep investors from getting the information necessary to make the best decision.”