Jeff Monge is the Managing Partner of Monge Capital, a Latino owned firm focused on providing advisory services and capital solutions for complex large-scale business and real estate projects that provide investor market returns and community social impacts. Under Monge Capital, Jeff has closed over $1.5 billion of complex structured finance transactions creating thousands of construction and permanent jobs as well as an array of services for unserved communities nationally. Monge Capital leverages its economic development and private equity experience with a strong knowledge of urban development and real estate finance to maximize results for clients. Monge Capital has extensive expertise in direct equity investing and the usage of a variety of City, State and Federal financing programs including a niche focus on New Markets Tax Credit, Historic Tax Credit, Opportunity Zones, and flexible financing options. In 2018, Monge Capital participated in closing one of the first Opportunity Zone transactions in the country. While principally Monge Capital speaks to the needs of their clients including developers, operating businesses, nonprofits and municipalities, Monge Capital participates in direct investing as well.
Prior to founding MCG, Jeff was Senior Vice President & Principal for UrbanAmerica, L.P., a $520 million real estate investment fund focused on acquiring and developing commercial real estate in underserved urban markets. During his 10-year tenure, he was the primary investment originator which led to a portfolio of over $2 billion. Additionally, Jeff spearheaded the creation and management of a Community Development Entity (CDE) to apply for Federal New Market Tax Credits (NMTC). As a result, Jeff was able to secure approximately $200 million in NMTC allocation (winning 4 out of 5 rounds) creating a portfolio of over $450M in leveraged real estate transactions utilizing an array of public and private financing. At the time, the CDE was within the top 10 percentile of allocation under management in the nation.
Prior to UrbanAmerica, Jeff served as the Director of Business Investments in charge of real estate investments and originations for the Upper Manhattan Empowerment Zone, a $250 million public investment fund, where he structured, negotiated and closed investments and developed strategies to recruit business to Harlem through “dollar and cents” marketing leading to the recruitment of Starbucks, Old Navy, and Magic Johnson Theatres as well as helped strengthen and expand cultural institution like the Apollo and El Museo del Barrio helping spark investments in “emerging urban markets” nationally.
A 15+ year member of the International Council of Shopping Centers (ICSC), Jeff served as the ICSC Regional Chair of the Hispanic Markets Initiative, a founder of the annual ICSC Diversity Reception, and is currently a co-chair of the NY P3 Program and spearheaded programming efforts to help revitalize Puerto Rico. Jeff has a long history of community service in many capacities including as a volunteer, board member and fundraiser. Currently, Jeff serves on the Northeast Advisory Committee for the national Hispanic Scholarship Fund.
Jeff graduated from SUNY Polytechnical Institute in Utica, NY with a Master in Business Management and a Bachelor of Science in Computer Engineering Technology.
Damien is currently responsible for originating, underwriting, and providing advisory services for commercial real estate projects for Monge Capital Advisors (MCA,) including a niche focus on NMTC financing. In addition, Damien identifies and underwrites principal investment opportunities with an emphasis on Opportunity Zone investments.
Prior to MCA, Mr. Wilson operated his own commercial real estate financial advisory firm, Dominion Realty Capital, Inc. (“Dominion”). Dominion specializes in arranging debt financing, mezzanine financing, preferred equity, joint venture equity and sponsor equity for real estate acquisitions, development and recapitalizations. While at Dominion, he arranged and advised on over $100 million of commercial real estate transactions.
Prior to starting Dominion, Mr. Wilson was employed at The Carlton Group, a boutique real estate investment bank prominent in equity and debt placement. Mr. Wilson worked directly with the Chairman of the company and was involved in the largest and most complex transactions at the company. Mr. Wilson was one of the key figures at Carlton responsible for the closing of two of the largest commercial real estate transactions in 2008: the $680 million recapitalization of the retail condominium at 666 Fifth Avenue, the prestigious $2 billion office tower, and arranging $215 million of acquisition financing for the purchase of 1250 Broadway; both Manhattan transactions.
In addition to equity and debt placement, Mr. Wilson also underwrote real estate opportunities for Carlton’s principal group, Carlton Strategic Ventures, including high-yield performing and sub-performing real estate loans. He was instrumental in the acquisition of the $300 million of loans Carlton purchased at the end of 2007.
Prior to Carlton, Mr. Wilson was at UrbanAmerica, a $520 million real estate private equity fund focused on real estate investment opportunities in low and moderate income areas. Mr. Wilson was responsible for analyzing and underwriting approximately $200 million of opportunities acquired by UrbanAmerica during his tenure.
Mr. Wilson graduated from the Wharton School with a Master of Business Administration in Real Estate and Entrepreneurial Management. He also received his Bachelor of Science degree in Mathematics from Morehouse College.