Dealing with overwhelming debt can be a daunting and stressful…
Colton Schnall
Chief Operating Officer
Meet Colton, our COO – who specializes in helping people looking for financial freedom. His mission is to help people overcome their debt challenges and achieve long-term financial success. Colton’s passion for entrepreneurship and initiative was fostered at New York University, where he matriculated and excelled in both academics and sports. Colton’s appreciation for real estate began his freshman year at New York University, where his studies concentrated on that field, and his competitive drive and skill secured him a starting position on the university’s hockey team. During his time in college, Colton developed a particular interest in distressed properties and portfolio management. He enjoyed the challenges they represented and was known to go the extra mile to revitalize poorly performing properties and determine where to effectively and profitably allocate (their or) investor funds. It was this zeal for distressed properties that became an instrument for recognizing languished or faltering businesses and determining viable methods and strategies to (not just) improve matters, but overcome inefficiencies. Recognizing many similarities between navigating fluid operational circumstances and competitive athletics, he chose to use his combined abilities to serve as a steward for businesses at risk of insolvency.
Upon graduating NYU’s prestigious Schack Institute School of Real Estate, Colton joined Delancey Street. Along with his partners and the team around them, Delancey Street strives to assist business owners navigate the often unfriendly terrain that management faces, be it at the corporate inception or well into their establishment. Here, conditions are assessed, options are carefully weighed, and solutions are tailored to businesses facing singular or multi-faceted debt challenges. Colton is known for his strategic approach to the management of debt burden, delivering practical solutions to complex situations that are easily implemented and will have an immediate, positive impact.