MONTICELLOAM, LLC Appoints New Managing Director to Take Lead of Advisory Services Team

MONTICELLOAM, LLC (“Monticello”), a specialized private real estate and asset-based lender, servicer and manager providing innovative capital solutions, announced that it has hired and appointed Darren Margulis as Managing Director to oversee its Advisory Services business unit, which provides lenders and financial institutions custom asset management and special servicing solutions that are specifically designed for the Seniors Housing industry.

Mr. Margulis brings over 25 years of experience to Monticello, with an impressive resume that spans healthcare and commercial real estate underwriting, portfolio management, and investor relations. His considerable experience will lend itself well to furthering Monticello’s Advisory Services team and capabilities.

“The Monticello team continues to grow stronger and wiser with the addition of Darren Margulis,” said Alan Litt, Co-Founding Partner. “His professional background both speaks for itself and speaks volumes to the ways in which Darren will amplify our asset recovery and portfolio management capacities.”

ABOUT DARREN MARGULIS

With over 25 years of experience in healthcare and commercial real estate risk management, Mr. Margulis leads the Advisory Services team at MONTICELLOAM, LLC, focusing on asset recovery and portfolio management. Prior to his current role, he co-led Formation Capital’s Lending Group with a primary focus on underwriting, portfolio management, and investor relations. Mr. Margulis was previously Senior Director at Oxford Finance charged with credit and portfolio management, and Senior Vice President at GE Healthcare Financial Services. At GE, he managed a healthcare real estate portfolio in excess of $5B and acquired over $1.5B of Skilled Nursing, Seniors Housing and Medical Properties. He holds a BA from the Kelley School of Business at Indiana University.

ABOUT MONTICELLO

Monticello offers floating rate term loans, 5, 7 and 10-year fixed rate term loans, as well as working capital lines of credit. Monticello’s affiliates provide financing for skilled nursing facilities, assisted living facilities, independent living facilities and other healthcare facilities or senior housing communities throughout the U.S. The firm was founded in October 2014 by Alan Litt, Thomas Lally and Jonathan Litt, who each have over 35 years of industry experience as lenders, investors, developers and owner operators.