NEW YORK CITY — Monticello, a New York-based private real estate and asset-based lender, servicer and manager, 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 specifically designed for the seniors housing industry.
Margulis brings over 25 years of experience to Monticello, including in healthcare and commercial real estate underwriting, portfolio management and investor relations.
Prior to his current role, Margulis co-led Formation Capital’s lending group with a primary focus on underwriting, portfolio management, and investor relations. He 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 $5 billion and acquired over $1.5 billion of skilled nursing, seniors housing and medical properties.
Margulis holds a bachelor’s degree from the Kelley School of Business at Indiana University.