Meet Madison Employees
ELI S. LOEBENBERG
Madison SPECS CEO, is a Certified Public Accountant with over 24 years of broad-based tax experience. In 2006 he partnered with Madison Commercial Real Estate Services to form Madison SPECS, LLC, providing expert cost segregation and fixed asset review services.
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Mr. Loebenberg started his career in New York with Deloitte and Touche in 1996, where he focused on the real estate and banking and securities industries. He left Deloitte in 2000 and joined IDT Corporation, a publicly-traded multi-billion dollar telecom company, where he was primarily responsible for high-level M&A tax planning and tax minimization for the consolidated entity. From 2001-2004, Mr. Loebenberg was with KPMG in their Federal Solutions Group. As a senior manager in the group, his principal responsibilities lay in the areas of research and experimentation credits, cost segregation studies and embedded cost reviews. In 2004, Mr. Loebenberg was hired by Grant Thornton to be responsible for identifying and implementing a variety of tax planning solutions, focusing on cost segregation studies,
for the company's Northeast clients, including The New York Times, Wolfson Group, Reuters, King Kullen Group and Edison Properties.
Mr. Loebenberg received a Bachelor's of Arts degree in Accounting and Business Administration from the University of Maryland, Baltimore County and was licensed as a Certified Public Accountant by Maryland's State Board of Public Accountancy. He is a member of the American Institute of Certified Public Accountants. Most recently, Mr. Loebenberg was selected as an "Industry Leader" in 2010 by Real Estate Weekly, a publication serving the real estate industry.
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MOSHE HILDESHAIM
Moshe S. Hildeshaim is Director of Operations for Madison SPECS, LLC. In that capacity, Mr. Hildeshaim assists in assigning, overseeing and reviewing all cost segregation studies for Madison SPECS, an affiliate of Madison Commercial Real Estate Services. Additionally, Mr. Hildeshaim deals with client needs and provides direction on all sales and marketing efforts for the division.
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Prior to joining Madison SPECS, Mr. Hildeshaim was with BCRS Associates, a boutique tax practice located in New York City where he serviced high-net-worth individuals with their specific tax needs. Mr. Hildeshaim graduated from Fairleigh Dickinson University with a Master's degree in accounting.
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THOMAS VARNEY
Director of Engineering, is a highly experienced project manager, having performed over a thousand of Cost Segregation Studies completed, covering a wide range of properties such as multifamily, office, retail, hotels, industrial, mixed use, and self-storage. He also has extensive experience in conducting Insurable Value Studies of such properties as office buildings, retail buildings, warehouses, low and high-rise apartment buildings and co-ops, and school buildings.
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Before joining Madison SPECS LLC, Mr. Varney served as Project Manager at Construction Cost Recovery, Inc. Prior to that, he was a Regional Manager at Maximus, Inc. and was a Senior Manager at American Appraisal Associates Inc.
- Office Tower, 32 Story, 1,070,000 SF, Philadelphia, PA
- Office Tower, 23 Story, 1,050,000 SF, Chicago, IL
- Hotel, 32 Story, 310 Rooms, 131,900 SF, New York, NY
- Apartment community – 248 units - Milwaukee, Wisconsin
- Six retail centers - Jackson, Tennessee
- Catering facility - 56,300 sf - Cinnaminson, New Jersey
- High-rise apartment building - 929 units - Far Rockaway, New York
- Regional mall - 572,728 sf - Laurel, Pennsylvania
- Green-certified office building - 265,000 sf - parking garage - 330,504 sf - Allentown, Pennsylvania
- High-rise assisted living facility - 136,823 sf - Brooklyn, New York
- Five-building corporate center - 584,000 sf - Reading, Pennsylvania
- Independent living facility - 130 unit - Livermore, California
- Department store – 144,220 sf- Saginaw, Michigan
Mr. Varney received a Bachelor's degree in accounting from the Indiana University of Pennsylvania. He subsequently studied at the New York Appraisal Institute and completed RS Means seminars in Cost Segregation and Unit Cost Estimating.
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MARIO BERTINELLI
Engineering Manager, has more than 20 years experience in Cost Segregation Analysis. He has participated in Cost Segregation Studies of manufacturing and pharmaceutical operations, retail businesses, office complexes and research and development facilities. In addition, he has performed Insurable Value Studies of all types of industrial and commercial properties and assisted in Ad Valorem tax studies. Mr. Bertinelli authored "Uncovering Value from a Cost Segregation Study" for the November/December 1995 issue of Mergers and Acquisitions.
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Before joining Madison SPECS, Mr. Bertinelli headed an independent consulting practice MJB Appraisal Associates. Prior to that, he was a Manager at KPMG as well as at Ernst and Young, and was a Senior Manager at American Appraisal Associates.
- Auto manufacturing facility - 1.2 million sf - Spartanburg, South Carolina
- Cellular phone plant - 1.5 million sf - Harvard, Illinois
- Auction house - 310,000 sf - New York, New York
- Data center – 125,000 sf - Edison, New Jersey
- Six shopping centers - North & South Carolinas
- Headquarters and printing facility – 44,500 sf - Farmingdale, New York
- Adult care home - 62 units - Far Rockaway, New York
- Enclosed shopping mall - 243,000 sf - Alexandria, Minnesota
- Produce processing plant - 88, 000 sf - Allentown, Pennsylvania
- Hotel – 246 rooms – Tarrytown, New York
- Office Tower, 32 Story, 1,070,000 SF, Philadelphia, PA
- Office Tower, 23 Story, 1,050,000 SF, Chicago, IL
- Hotel, 32 Story, 310 Rooms, 131,900 SF, New York, NY
Mr. Bertinelli received a Bachelor's degree in civil engineering and construction technology from Temple University and has completed a number of courses from the New Jersey Real Estate Institute.
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CHARLES TOVER, CPA
Charles Tover, CPA is the Tax Director for Madison SPECS, a division of Madison Commercial Real Estate Services. In this capacity, Mr. Tover is responsible for staying current on tax law changes and interfacing with clients and their tax advisors on Cost Segregation. He also prepares and reviews tax-engineering Cost Segregation studies. Mr. Tover earned a Bachelor of Science in Business Administration / Accounting from University of Southern California in 1982.
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Mr. Tover has extensive experience in financial matters for the real estate and hospitality industries. Mr. Tover initially worked for Ernst & Whinney (now Ernst & Young) where he completed his CPA and rose to Senior Tax Accountant. In 1985, Mr. Tover became CFO of a boutique real estate development firm in Beverly Hills, CA and later became an independent business consultant specializing in real estate, accounting, taxation and estate planning. From 1994 to 2005, Mr. Tover acted as CFO and Controller for various well-known hospitality and restaurant entities on the West Coast. In 2005, Mr. Tover joined the senior management team of LeaseProbe, which abstracted over 5,000 commercial real estate leases during his term there. Later, Mr. Tover started Cardinal Consulting, LLC offering consulting services in the areas of real estate deal structuring, business planning, accounting and tax planning, real estate, and general business affairs especially in the real estate, restaurant and hospitality industries.
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ARI LASKY, CPA
Ari Lasky, CPA is a Senior Tax Associate for Madison SPECS, LLC, a division of Madison Commercial Real Estate Services. In this capacity, Mr. Lasky is involved with operations, preparing tax-engineering cost segregation studies for Madison SPECS clients as well as conducting tax research. Before joining Madison SPECS, Mr. Lasky worked at Leshkowitz & Co. as a Senior Auditor/Tax Accountant. There, he prepared tax returns as well as performed audits and reviews of the financial records of various entities with a strong focus in real estate. Prior to that, he worked for Time Equities as an Internal Auditor.
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Mr. Lasky graduated from Fairleigh Dickinson University with a Master's degree in Accounting in 2012 and he was a member of the Leadership Advisory Council. Mr. Lasky is an active member of the Spring Valley community, and gives of his time to numerous charitable organizations.
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YITZ GOLDMAN
Yitz Goldman is Vice President of Business Development for Madison SPECS. In this capacity, he is responsible for developing and managing the growing SPECS sales team. This includes hiring, onboarding and continually motivating the expanding unit as well as providing supportive direction and effective tools to enable them to best service clients. Mr. Goldman also serves as a bridge between clients and SPECS Operations, ensuring every project is handled with seamless efficiency. A major component of his role is identifying opportunities for growth to ensure that Madison SPECS remains at the forefront of the Cost Segregation industry.
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Prior to joining Madison SPECS, Mr. Goldman was Chief Operations Officer for Skycap Funding, a brokerage firm helping businesses find working capital to grow business. As COO, he managed day-to-day operations, coordinating communication between the Sales, Operations and Marketing Departments to ensure maximized operational efficiency and communication between the leadership and staff.
Mr. Goldman earned his Bachelor of Arts degree from Excelsior College in 2011, and his Master's degree in Business Administration / Management from Bar-Ilan University in 2014. He is also Consultant / Strategic Advisor for small businesses in early stages of development to help bring products / services to market using innovative and cost effective strategies. Mr. Goldman is fluently bilingual, English-Hebrew. In his free time, he is active in the community, giving his time to several charitable organizations.
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DAVID WALTER
David Walter is a Depreciation Analyst at Madison SPECS. His focus is on quality control. During a cost segregation study, Mr. Walter works with the in-house team of engineers and with clients to ensure that all the information included in the cost segregation report is correct. He reviews the report to make sure that the report is accurate and clear. Once the report is fully compiled, Mr. Walter clarifies remaining ambiguities and identifies if any final changes are needed.
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Before joining Madison SPECS, Mr. Walter worked at an investment firm in NYC where he provided research and analysis to support investment decisions in regards to providing debt and equity positions. In that capacity, he reviewed company financial reports and balance sheets, researched and performed due diligence on assets used to secure loans, and compiled data and made recommendations for use in loan decisions.
Mr. Walter has a BA in Psychology from Touro College and a Master's degree from BMG. He also earned his MBA in Finance from Fairleigh Dickinson University and attended NYU's Schack Institute of Real Estate.
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LEO ROSENBAUM
Regional Business Director, Madison SPECS
Leo Rosenbaum is Regional Business Director of Madison SPECS, a division of Madison Commercial Real Estate Services. With 10 years in that position, Mr. Rosenbaum builds trusted client relationships by advising valued clients on how to accelerate depreciation in order to take full advantage of tax savings. Mr. Rosenbaum’s vibrant energy and rapid analytical skills make him an esteemed advisor to clients and co-workers alike.
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Mr. Rosenbaum is also a prominent figure on the international stage of commercial real estate. His market experience spans the globe, with business relationships across the U.S. and Canada, and throughout Europe and Israel. In addition to Madison SPECS’ services, Mr. Rosenbaum also consults with real estate professionals on the full suite of commercial real estate services offered by Madison Commercial Real Estate Services (MCRES).
Prior to joining Madison, Mr. Rosenbaum was an active investor, owner and operator of development communities in Israel. Mr. Rosenbaum holds a Master’s degree from Beth Medrash Govoha College.
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CHANA MALKA SHAIN
Chana Malka Chain joined Madison SPECS in 2013, preparing cost segregation studies for clients. She was promoted to Cost Segregation Manager in 2016. In this capacity, she oversees the workflow of company's operations as well as all billing functions.
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Before joining Madison SPECS, Mrs. Shain was a Junior Accountant / Bookkeeper for Landau Real Estate & Management in Brooklyn, NY, where she assisted in producing and filing year-end tax returns and financial reports, filed for IRS extensions and corresponded with the IRS regarding notices, and handled bank reconciliations.
Mrs. Shain earned her diploma in Junior Accounting/Assistant Controller from COPE Institute in 2011 and graduated from Bais Yaakov Seminary. She has a knowledge of real estate management bookkeeping, and a strong grasp of financial and business concepts. She also took intensive courses in MS Excel and Word.
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YONAH WEISS
Regional Business Director, Madison SPECS
Yonah Weiss is Regional Business Director of Madison SPECS, a division of Madison Commercial Real Estate Services.
Renowned for his knowledge in cost segregation, Mr. Weiss is a sought after resource throughout the Commercial Real
Estate industry.
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In addition to having saved his clients tens of millions of dollars in taxes, Mr. Weiss uses his unique ability to interact and
connect with professionals and the layman alike to build strategic partnerships in the marketplace, creating win-win
situations for all.
Mr. Weiss has hosted, or been a guest, on dozens of podcasts discussing the details of the cost segregation process, and
the benefits for investors and owners of real estate. He has also authored numerous articles for industry publications
and, as an expert in LinkedIn Networking, he has mentored dozens in the practice of using the platform as a springboard
to accelerate business opportunities.
Mr. Weiss graduated in 2002 with a BA from San Diego University and is active as a volunteer in numerous non-profit and
charity organizations.
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IKE MARVET
Ike Marvet is VP of Cost Segregation for Madison SPECS, specializing in building and maintaining high-level relationships with accountants and real estate investors across the country.
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Mr. Marvet has a keen ear to sense clients' needs, and a passion to stand by their side and assist them until they are satisfied. His years in the real estate industry, including running his own company for 7 years, combined with his experience in a sales leadership role, gives him a unique perspective into helping prospects and clients overcome challenges and accomplish their goals.
Before joining Madison SPECS, Mr. Marvet was Sales Manager at a regional leader in the flooring industry, where he created strong relationships with real estate investors and managers. Prior to that, he was Founder and CEO of a boutique real estate rental company with a focus on West Coast properties.
Mr. Marvet loves good coffee, especially when accompanied by a great conversation. When that conversation is about helping others in real estate, that's the Triple Crown.
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