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New York, NY, May 21, 2019 – MONTICELLOAM, LLC, a specialized private real estate and asset-based lender, servicer and manager providing innovative capital solutions, today announced that F. Donald Kelly III has been appointed as Senior Managing Director, effective today.

“On behalf of MONTICELLOAM, LLC, I am excited to welcome Don Kelly to the team,” said Alan Litt, Co-Founding Partner of MONTICELLOAM. “Don brings over 24 years of experience in structuring innovative capital solutions for his clients.”

“As we look to the future with Don’s influence and direction, MONTICELLOAM, LLC will position itself as a relationship lending partner of first choice to provide a variety of capital solutions including low leverage floating and fixed rate debt up to 10 years, bridge debt and asset based revolving credit facilities,” according to Tom Lally, Co-Founding Partner of MONTICELLOAM, LLC.

“I am excited by this opportunity to join such a talented team and robust platform at this stage of MONTICELLOAM, LLC’s evolution,” said Mr. Kelly. “Over the past several years, MONTICELLOAM, LLC has developed its infrastructure and grown its access to a wide variety of funding sources. To that end, I am confident in our ability to deliver on our philosophy of being long term relationship-based capital partners to best in class borrowers and companies at all points in the economic cycle and to deliver excellent risk adjusted returns to our partners. I look forward to working closely with the full MONTICELLOAM, LLC team to advance our market reach, offerings and capabilities.”

About Don Kelly

Mr. Kelly was Senior Director of Pacific Western Bank’s Healthcare Finance Group (formerly known as CapitalSource) where he helped originate over $1 billion in loans to senior housing and long-term care companies across the United States. Prior to Pacific Western Bank, Mr. Kelly served as a Managing Member of Energy Court Capital, an advisory firm focused on raising capital, structuring debt, mergers & acquisitions and restructurings for seniors housing and long-term care companies. Mr. Kelly also worked as EVP of Covington Senior Living, LLC, where he led financing and other strategic initiatives.

Before joining Covington Senior Living, Mr. Kelly was a member of Merrill Lynch Capital’s Healthcare Finance Division from 2004 to 2008, KeyBank’s Healthcare Finance Division from 1996 to 2004 and in KeyCorp’s Commercial Banking Management Program from 1995 to 1996.

Mr. Kelly received his BA in Finance from Valdosta State University and MBA from Florida Agricultural & Mechanical University. He is also a graduate of KeyCorp’s Commercial Banking Management Program.

About MONTICELLOAM, LLC

MONTICELLOAM, LLC offers Bridge-To-HUD and 5, 7, 10-year financing options for skilled nursing facilities, assisted living facilities, affordable housing facilities and commercial real estate throughout the U.S. The firm was founded in October 2014 by Alan Litt, Thomas Lally and Jonathan Litt, who have over 35 years of combined industry experience as lenders, investors, developers and owner operators.