New York, NY, March 30, 2021 – MONTICELLOAM, LLC (“Monticello”), a specialized private real estate and asset-based lender, servicer and manager providing innovative capital solutions, announced that Ashish M. Shah has been appointed as Managing Director.

Mr. Shah, who brings over 25 years of experience in healthcare and traditional real estate, will concentrate his efforts on business development, origination, and expanding and bolstering Monticello’s capital and risk management capabilities.

“We are thrilled to have Ashish on board,” commented Alan Litt, Co-Founding Partner of Monticello. “His business development expertise and experience in the healthcare industry will be a great value add as we expand and explore new arenas in which we can provide first-rate healthcare financing solutions to our clients.”

About Ashish M. Shah

Brings over 25 years of experience in commercial real estate business development and risk management, encompassing healthcare and traditional real estate.  Prior to Monticello, Mr. Shah co-led Formation Capital’s Lending Group with a primary focus on business development and capital markets/syndications.  Mr. Shah was previously at Oxford Finance and GE Healthcare Financial Services in a variety of business development, risk management, and capital markets leadership roles in the US and internationally, including the launch of GE’s healthcare capital platform in Asia.  He has extensive experience in the origination, structuring and underwriting of commercial real estate debt and equity transactions in skilled nursing, seniors housing, medical office, specialty hospitals, and other healthcare real estate.  In addition to his transaction experience, Mr. Shah has an extensive background in strategy and operational consulting for financial services and real estate firms.  Mr. Shah holds a BBA. in Finance and Political Science from the University of Iowa and an MBA from the University of Chicago Booth School of Business.

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 provides 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.