Who We Are
Experienced and Knowledgeable, Our Partners Understand Real Estate and Capital Markets
Monticello’s principals have more than thirty years of combined experience building, owning, operating and financing transactions that involve government agencies, regulations and guidelines. Monticello considers this experience to be a unique competitive advantage in originating and acquiring loans and securities that are supported by the underlying property’s performance and structured to meet government financing regulations.
Our decades of experience gives us the insight to make informed investments designed to yield superior results for our clients.
Monticello Asset Management, LLC is an investment management firm, registered as an investment adviser that provides advisory services to high-net worth individuals and institutional clients through privately offered pooled investment vehicles, Monticello Funding, LLC.
- Team Biographies
- Alan Litt
- Thomas Lally
- Jonathan Litt
- Joseph Borenstein
- Shaun Mirza
- Garrett Chapman
- Mauricio Sandoval
- Carmen Joseph
Monticello’s principals have a broad origination network comprised of some of the largest national originators of government-guaranteed financings (MAP Lenders). Monticello feels that this network would provide it with a significant competitive advantage in its efforts to provide a strong pipeline of targeted investment opportunities.
Click the names to learn more about us.
Alan Litt is a Founder of Monticello Asset Management, LLC. He brings over 30 years of intensive real estate finance, development and construction experience to the organization. Mr. Litt has spent the last 15 years as President and then Chairman of The Kohl Companies (Kohl Solutions and Kohl Construction Group) developing, owning and operating skilled nursing facilities and multifamily housing, including market rate and affordable housing financed through low income housing and historic tax credits. Mr. Litt has deep knowledge in working with regulated businesses. He is a recent Trustee of Yonkers Partners in Education and the Advisory Council for Provident Bank, and a consultant to various not-for-profit religious, healthcare and educational institutions in the New York Metropolitan Area. Mr. Litt received a B.S. Degree in Finance from New York University.
Thomas Lally is a Founder of Monticello Asset Management, LLC. He was most recently a Managing Director and trader of mortgage backed securities at Ladder Capital. Prior to Ladder Capital he was a Managing Director in the multifamily and commercial origination and trading efforts at First Boston, Daiwa Securities, Greystone, UBS and Dillon Read Capital Management. Mr. Lally holds a B.A. from the College of the Holy Cross.
Jonathan Litt is a Founder of Monticello Asset Management, LLC. He has served as the Chief Executive Officer for Kohl Construction Group which provides construction and property management services in the New York metropolitan area. For over 20 years, Mr. Litt has supervised the development, construction and property management of Kohl Solutions’ warehouse industrial portfolio, senior housing, mixed-use residential-retail projects and affordable housing. These include both conventionally financed projects as well as projects financed through low income housing and historic tax credits. Mr. Litt is an advisor to the Northern Metropolitan, Inc., a not-for-profit senior housing organization in Rockland County, NY. He also serves as the Treasurer for Congregation Kol Ami in White Plains, NY. Mr. Litt holds a B.S. from Ithaca College.
Joseph Borenstein is a Project Analyst focusing on financial underwriting and portfolio management. He has over 5 years of tax advisory and analysis experience focused primarily on alternative investments. Mr. Borenstein is a CPA and holds a Bachelor’s of Science degree in Accounting from Binghamton University.
Shaun Mirza is a Financial Analyst at Monticello Asset Management, LLC managing the commercial loan underwriting process for multi-family, senior housing and health care real estate assets. Mr. Mirza has over 12 years of experience in residential and commercial real estate finance. Prior to joining Monticello Asset Management, LLC, Mr. Mirza worked at Ladder Capital underwriting CMBS, balance sheet and equity investments across all asset classes and geographies. Prior to joining Ladder Capital, Mr. Mirza worked in the CMBS group at J.P. Morgan focusing on commercial real estate debt origination, underwriting and securitization. Mr. Mirza is a member of the Urban Land Institute and serves as a Mentor in the Columbia University MSRED Alumni Mentorship Program. Mr. Mirza received a MSc degree in Real Estate Development from Columbia University and a BA in International Relations from the University of Southern California.
Garrett Chapman is a Junior Analyst who assists in the due diligence and underwriting of investments. Mr. Chapman holds a Bachelor’s of Science degree in Business Administration from the University of Richmond.
Mauricio Sandoval is the Controller at Monticello Asset Management, LLC. He has over 15 years of experience in accounting and project management in the real estate field. Mr. Sandoval holds a degree in Accounting from William Paterson University.
Carmen Joseph is the Loan Servicing Specialist at Monticello Asset Management, LLC. She has over 10 years of experience in accounting and 3 years of experience in residential and commercial real estate field. Mrs. Joseph holds a Bachelor’s of Science degree in Accounting from Mercy College.