Great Elm Group completed the acquisition of Monomoy Properties REIT from Imperial Capital for $10m.

Great Elm Group, a publicly-traded holding company, completed the acquisition of Monomoy Properties REIT, a private real estate investment trust, from Imperial Capital, an investment banking company, for $10m. “I am excited to join the Great Elm team to continue to grow our platform. GEG’s resources and investment in Monomoy will help accelerate our growth. We intend to pursue a robust pipeline of acquisition and organic growth opportunities,” Chris Macri, Monomoy President.