Management Team

President &

Chief Operating Officer

Mr. Konczal has served as President of the Fund Manager since 1995 and as Director since 1991.  Mr. Konczal also was Executive Vice President of the Fund Manager from 1991 to 1995.  He is also President and Chief Operating Officer and a Director of Capital Alliance Holdings, Inc. (the parent of the Fund Manager) from 1984 to the present, which was formerly the Sierra Capital Companies.  The Sierra Capital Companies managed and advised seven equity real estate investment trusts, four of which were listed on the American Stock Exchange and one institutional partnership which invested in commercial properties that were triple net leased to credit tenants. 

Presently, Mr. Konczal holds the California Mortgage Loan Originator’s license.  He has been a member of the Real Estate Investment Securities Association since 2010, and was a member of the Board of Advisors for Alliance Fund Managers, Inc. from 2009 to 2010. Mr. Konczal holds a B.S. Agricultural Economics, Michigan State University.

Senior Vice President &

Chief Financial Officer

Mr. Sandell has served as Senior Vice President & Chief Financial Officer of the Fund Manager since April 2013.  He is the founding Principal of Sandell Consulting, a firm that provides: Strategic, Financial and Management Services including advisory services to management and owners of large or medium sized companies.

Mr. Sandell is a business leader with over 25 years of experience in building and managing companies in the financial services, insurance, real estate and technology business sectors. Previously, he has held senior positions with Industrial Indemnity Financial Corporation and Crum & Forster Insurance Company, a subsidiary of Xerox. He was the CFO/COO of Cause Insurance Services, Inc. a cause driven insurance brokerage; the CEO of International Business Electronics Inc.; the Director of Financial Planning for Homestead Financial Corp., a $2.6 billion asset management company specializing in mortgage banking and the Manager of Budget and Planning at Fox & Carskadon Financial Corp., a $2.0 billion national commercial real estate syndicator.

Mr. Sandell holds a BS in Electrical Engineering from Tekniska Skolan Hässleholm, Sweden and an MBA with emphasis in Strategic Planning and Economic Planning & Control from University of Lund, Sweden.

Operations Manager

Ms. Konczal has served in various roles for Capital Alliance since joining the Company in 2014. She is currently Operations Manager for Capital Alliance Advisors, Inc. and leads investor communications for the Fund. She is accountable for marketing, and the portfolio loan processing and loan product technology teams. Prior to joining Capital Alliance, Ms. Konczal was a Director for the medical offices of Howard Kornfeld for six years.

Ms. Konczal is a Marin County native and holds a B.S. degree in Biology from University of California, Davis. 


Mr. Griffith has served as the Controller of the Fund Manager since June 2019.  As Controller, Mr. Griffith is responsible for the implementation, maintenance and enhancement of departmental processes, general accounting operations, loan accounting, loan servicing, and cash management.  Prior to joining the Capital Alliance team, he managed a $186 million loan portfolio as well as served as Assistant Controller at First Federal Savings and Loan Bank of San Rafael.


Mr. Griffith brings mortgage loan industry experience and a proven track records of success managing large portfolios.  Mr. Griffith holds a BS in Finance and Accounting from Louisiana State University in Baton Rouge.

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License Information:

Capital Alliance, LLC is licensed by the CA Department of Business Oversight

CFL License 60DBO 43334 / NMLS #1243767

Capital Alliance Advisors, Inc. is licensed by the CA Department of Business Oversight CFL License 605 3456

Capital Alliance Investments, Inc. is licensed by the CA Department of Real Estate DRE License 01922008 / NMLS #1169305