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. Any reference to Monticello Asset Management, LLC as a registered investment adviser does not imply a certain level of skill or training.
- Team Biographies
- Alan Litt
- Thomas Lally
- Jonathan Litt
- Laura T. Schnaidt
- Joseph Borenstein
- Shai Attas
- Garrett Chapman
- Yoni Grunbaum
- Carmen Joseph
- Matthew Lark
- Whalen MacHale
- Mauricio Sandoval
- Itay Silverberg
- Rafi Sod
- Joshua Sturm
- Jerome Turner
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.
Laura T. Schnaidt is the Legal Counsel of Monticello Asset Management, LLC. Prior to joining, Ms. Schnaidt served as Legal Counsel and Chief Compliance Officer of Marble Arch Investments, LP, a New York hedge fund, where she oversaw all legal and compliance matters. Ms. Schnaidt was also previously an Associate at Shearman & Sterling LLP, focusing on investment funds, real estate transactions and financial institution regulatory matters. In addition, Ms. Schnaidt has worked in legal roles at Barclays Investment Bank, at the Enforcement Division of the U.S. Securities and Exchange Commission, and at two multi-strategy New York hedge funds, TPG-Axon Capital and Ospraie Management, where she gained experience in matters related to public market trading, alternative investments and regulation under the Investment Advisers Act of 1940. Ms. Schnaidt holds a J.D., magna cum laude, from New York Law School and a B.A. from Columbia University (Columbia College). Ms. Schnaidt is admitted to practice law in New York State.
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.
Shai Attas is a Finance Manager focusing on financial controls and portfolio management at Monticello Asset Management, LLC. He has over 17 years of financial advisory and analysis experience. Mr. Attas holds an Israeli CPA and a Masters of Business Administration from Heriot Watt University (UK).
Yoni Grunbaum is an Economic Analyst who is responsible for conducting economic research, analysis and forecasting in connection with real estate and renewable energy projects, as well as underwriting and due diligence for prospective investments in the New York office. Prior to joining Monticello in January 2018, Mr. Grunbaum was an Investment Banking Analyst in the Diversified Industries group at Canaccord Genuity Corp. Mr. Grunbaum holds a Bachelor of Business Administration from the Schulich School of Business at York 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.
Matthew Lark is a Financial Analyst focusing on the underwriting and due diligence of investments at Monticello in the New York office. Prior to joining Monticello, Mr. Lark worked in Capital Markets at PNC Bank. Mr. Lark holds a Bachelor of Science degree in Finance and Business Information Systems from University of Pittsburgh.
Whalen MacHale is an Analyst focusing on Marketing and Client Services for Monticello in the New York office. Prior to joining, Mr. MacHale worked at Simpson Thacher and Bartlett, LLP as a Corporate Paralegal. He holds a Bachelor of Science in Business Administration degree in Finance from Georgetown University.
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.
Itay Silverberg is a Financial Analyst focusing on the underwriting and due diligence of investments at Monticello in the New York office. Prior to joining Monticello, Mr. Silverberg worked at J.P. Morgan for three years, covering public-sector clients with a focus on municipal securities. Mr. Silverberg holds a Bachelor of Science degree in Finance and Management from New York University.
Rafi Sod is a financial analyst responsible for underwriting and due diligence relating to real estate investments for Monticello in the New York office. Prior to joining Monticello, Mr. Sod worked for 2 years as an originator for Harborview Capital Partners where he was involved in the origination of over $100,000,000 in loans.
Joshua Sturm is a Financial Analyst who is responsible for the underwriting, due diligence and forecasting of prospective investments in the New York office. Prior to joining Monticello, Mr. Sturm worked at Credit Suisse in their Investment Bank. Mr. Sturm, holds a Bachelor of Commerce from York University.
Jerome Turner is responsible for loan surveillance and asset management at Monticello in the Georgia office. Mr. Turner has over 17 years of experience in financial services and commercial real estate, in which he has served as an investment accountant and financial analyst for organizations in both the US and overseas. Prior to joining Monticello, Mr. Turner served as a portfolio manager for the Atlanta Housing Authority, where he managed a low-income housing tax credit (LIHTC) commercial real estate portfolio worth over $250 million in assets. Mr. Turner holds a BS in Business Administration with a focus in finance from Geneva College.