Michael Shah – Founder / Managing Partner


Michael K. Shah founded Delshah Capital in 2006.  Mr. Shah oversees all aspects of company operations including acquisitions, legal strategy, asset management and property management.  Utilizing his legal expertise, he personally directs the course of action though many of the complex investments in which Delshah participates.  Through the refinancing and recapitalization of his family’s Park Hill apartment complex, he was able to generate proceeds in excess of $20 million, creating the seed investment for Delshah Capital.

Prior to establishing Delshah, Mr. Shah was an attorney in the mergers and acquisitions group at Wachtell Lipton Rosen & Katz in New York City.  Mr. Shah specialized in complex deal structuring, negotiations, and bankruptcies.  His work included Ameren’s $2.3 billion purchase of Illinois Power and Lazard LTD’S $4.5 billion initial public offering in addition to several other high profile transactions.


Harvard Law School

London School of Economics

Harvard University

Mr. Shah graduated first in his class from Harvard Law School, earning him the 2003 fay diploma, he also received the Sears Prize in 2001 and 2002.  He has a Master of Science in finance and economics from the London School of Economics and a Bachelor of Arts magna cum laude in chemistry from Harvard University.

Charlie Oshman – Chief Operating Officer

Charlie focuses on acquisitions, operations and strategy at Delshah Capital.  Charlie previously founded Reonomy, the most advanced commercial real estate data and analytics product on the market, now bringing unique research capabilities to Delshah.  Charlie led and grew Reonomy through 4 rounds of funding, partnering with investors including Bain Capital and Softbank, and remains an active member of Reonomy’s board of directors.  Charlie received a double BS from the University of Miami.

Jeff Holmes – Director of Development & Construction

Prior to joining Delshah, Mr. Holmes was a Project Manager for Tishman Construction at 1 World Trade Center. Mr. Holmes was responsible for assisting with the buyout of contract work totaling $2.4BB, the direct management of over $190MM in contract work, including the reconstruction of all Hurricane Sandy impacted areas. Educated at the State University of New York at Binghamton (BA.), Mr. Holmes also has a MSc. in Real Estate Finance from New York University.

William Gioielli – VP of Asset Management

Mr. Gioielli is the VP of Asset Management at Delshah Capital where he is responsible for overseeing the operations of the portfolio. Prior to joining Delshah in 2012, Mr. Gioielli was an Associate at Lehman Brothers and subsequently Barclays Capital in the Convertible Bond Research group where he was responsible for publishing investment reports for clients of the investment bank.  He earned an MS in Real Estate from NYU Schack Institute of Real Estate in 2014 and graduated from Babson College with a BS in Business Administration in 2006.

Alexis Cimera – VP of Accounting & Reporting

Ms. Cimera is a Certified Public Accountant who began her career at a Big 4 accounting firm. Since then she has practiced accounting in the real estate, technology and other industries.  Ms. Cimera has worked with Delshah since its inception.  Prior to that she was and continues to be the accountant for the Parkhill assets since their acquisition in 1995. Her responsibilities include overseeing all accounting, tax and financial reporting.  Ms. Cimera graduated magna cum latte from Seton Hall University, Paul Stillman School of Business with a Bachelor’s of Science degree in Accounting.

Cole Ungar – Associate

Cole Ungar is an Associate and Project Manager at Delshah Capital. He is responsible for underwriting, evaluating, and closing acquisitions at Delshah. Additionally, Mr. Ungar supports the capitalization and project coordination of Delshah’s development and heavy renovation projects Mr. Ungar is leading a $49.5MM EB-5 fundraising initiative for one of Delshah’s heavy renovation projects. Mr. Ungar has supported asset growth from $500MM to $800MM and equity growth from $285MM to $350MM. Mr. Ungar graduated Magna Cum Laude from Babson College with a BSBA, and concentrated in real estate, finance, and entrepreneurship.

Bonni Lippman – Director of Leasing and Property Management

Bonni Lippman is Director of Leasing and Property Management at Delshah and is responsible for day to day management of our residential properties as well as leasing across the portfolio. Ms. Lippman directly handles renewal transactions with existing tenants and also oversees efforts to secure new tenants. Additionally, she is responsible for tenant relations, advancing our strategy in the market and supporting our asset management team. Prior to joining Delshah in 2007, she was Director of Sales at the Corcoran group, where she was consistently recognized for as a top performer.

Lucia Lammers – Senior Bookkeeper

Lucia has been with Delshah Capital since the inception in 2006.  She is the Senior bookkeeper and is responsible for the daily financial transactions of the firm. As part of cash management, she is responsible for all banking relations and treasury services.  Prior to Delshah Capital, Lucia began working for Parkhill in 1995, the Shah family’s multifamily complex of over 1,100 units, which she continues to handle day-to-day bookkeeping responsibilities. Lucia is proud to be part of Delshah’s success and the continued growth of the firm.

Luis Feijoo – Head of Facilities

Prior to joining Delshah, Mr. Feijoo managed a private real estate portfolio. Mr. Feijoo has managed several cutting-edge projects including the replacement of the Javits Center Jumbotron and the first installation of an LED display on the Port Authority Bus Terminal on 42nd Street.  Mr. Feijoo has also managed the capital improvements across the Delshah portfolio.  Mr. Feijoo attended Connecticut College.

Samantha Braga – Executive Assistant and Office Manager

Ms. Braga is the executive assistant and office manager of the Delshah team since May 2015.  She is a point of contact for tenants as well as suppliers used by the team. She is responsible for ensuring the smooth operation of the office by providing a wide variety of administrative, secretarial, and clerical support to staff members. In addition, Ms. Braga monitors staff needs, and assists in day-to-day inter-departmental operations.