In this inaugural edition of Capital Conversations, MONTICELLOAM, LLC Principal Thomas Lally and Senior Managing Director Charles Ostroff introduce themselves, provide a brief overview of MonticelloAM, and share the origin story for Capital Conversations.
Introducing Thomas Lally and Charles Ostroff
Thomas Lally is Principal, Co-Founder, and Board Member of MonticelloAM and leverages over 30 years of experience in the mortgage securitization field to help navigate the firm through different credit cycles and guide the firm’s lending operations. His previous experience includes key positions, including Ladder Capital, First Boston, Merrill Lynch, Greystone, UBS/Principal Finance, and Daiwa Securities.
Charles Ostroff is a Senior Managing Director on MonticelloAM’s Multifamily Bridge team. With a focus on innovative strategies, his expertise has contributed to the growth of MonticelloAM’s bridge lending platform. Prior to his current role, Charles served as the Senior Vice President and Chief Credit Officer of Multifamily at Fannie Mae. In this capacity, he oversaw Credit, Asset Management, and Governance pertaining to the operation of the Fannie Mae Multifamily Platform.
MonticelloAM’s Platform
With a specialty in the multifamily and seniors housing sectors, MonticelloAM is a leading bridge lender with the mission to deliver exceptional financing solutions to its clients. Over the past decade, the landscape has evolved dramatically, but the goals remain the same. MonticelloAM continues the work to support our clients in needs-based, critical infrastructure from affordable housing to skilled nursing and is looking forward to what lies ahead in commercial real estate.
The Roots of Capital Conversations
Charles: It really started organically. I was posting my thoughts on LinkedIn, just sharing observations and reflections on what I was seeing. I didn’t think much of it at first—it was a way to put some ideas out there. But then Alan Litt, Principal at MonticelloAM, came across my posts and recognized that my thoughts were resonating with others.
Tom: Alan reached out to both of us and said, “I think you two could really build something meaningful together.” He felt Charles’s insights were valuable and that there was a real appetite for thoughtful commentary. There was a belief that if we combined our viewpoints, we could create a unique space for discussions in the industry.
Capital Conversations started from sharing ideas, and we’d love for you to share yours as well. Let us know what questions or topics you’d like us to touch on in the comment section and we’ll look to provide our insights on it.
Like a great conversation, it goes both ways.