Verschleiser is a founding partner and Chairman of the Multi Group of Companies, a private equity real estate investment banking firm. Multi Capital LLC is the Capital Markets division of the Multi Group of Companies, and Multi Investment is the acquisition arm of the Multi Group of Companies. Through his companies, Verschleiser has been involved in over $7 billion of real estate transactions. Multi Capital licensed the Trump name from Donald Trump and the Trump Organization to construct a luxury hotel and condominium complex in Philadelphia. The property was planned to be a 43-story skyscraper overlooking the Delaware River. William Alesker was the architect of the project. The project was cancelled due to the financial crisis of 2007–08 and halted construction. The property remains an empty lot.
Verschleiser was the founder and President of the public REIT United Realty Trust, along with his ex-partner Jacob Frydman. In addition he and his former partner founded United Realty Partners, a privately held firm that invests and advises in the commercial real estate arena. Verschleiser resigned from the company, and he and his ex-partner Jacob Frydman have been embroiled in series of lawsuits over control of the company.
Other real estate ventures
Verschleiser has been an active participant in a number of high-profile real estate transactions including the Trump Tower, acquisition of a million square foot portfolio from Brandywine Realty Trust located throughout the state of Pennsylvania, a condominium conversion on Duane Street in the Tribeca neighborhood of New York City, and the purchase of debt on 490 apartments in the Bronx. Verschleiser through his company has represented Waterton in its $218 million acquisition of 88 Leonard Street, and a hotel development project in the Financial District of New York City.
Media
The office of Eli Verschleiser has been named NYC's most historic offices by The New York Post. Verschleiser has been cited in the media for helping aspiring entrepreneurs as a Mogul in a show similar to Shark Tank called Biz Tank. He has financed numerous startups both on and off the show. Verschleiser has been quoted in an article pertaining to his real estate ventures in Forbes.
Verschleiser is on the executive board of The American Jewish Congress, he is a Co-Founder & President for Our Place, a non-profit organization that provides support, for troubled Jewish youth. He also serves on the Board of Advisors for Magenu, an organization he helped create to educate children in personal safety topics. Through their foundation he and his wife support numerous causes worldwide.
Personal life
Eli Verschleiser's wife is Dr. Shani Verschleiser, a co-founder of Magenu.