New York, Feb 15 (Bernama-GLOBE NEWSWIRE) — Madison Realty Capital, a fully integrated real estate private equity firm focused on debt and equity investment strategies, today announced it originated more than $1.5 billion in financing, originations and performing and non-performing note purchases in 2020, ranging from $4.9 million to $173 million. The firm closed a total of 23 transactions in major U.S. metropolitan and suburban markets across a variety of real estate asset classes including, multifamily, mixed-use, medical office, office, industrial, condo, hotel, and retail. More than 70% of the total dollar volume was executed with repeat borrowers, reflecting the firm’s strong relationships and flexible, customer-centric investment approach. With $5.6 billion of gross assets under management, Madison Realty Capital also continued to expand its platform by launching a new income-oriented $1 billion debt investment vehicle, targeting lighter value-add and core-plus real estate transactions with rates of 4% to 7%.
“Madison Realty Capital delivered a very active 2020, executing over $1.5 billion worth of transactions for our institutional clientele, maintaining low levels of leverage, and expanding our world-class lending platform amid a highly challenging operating environment due to COVID-19,” said Josh Zegen, Managing Principal and Co-Founder of Madison Realty Capital. “For more than 16 years, Madison Realty Capital has distinguished itself by providing certainty of execution, strong underwriting capabilities, as well as flexible, efficient and creative financing solutions across market cycles. In 2020, we continued to advance our position as the partner of choice for leading institutional sponsors and top-tier independent developers and I am excited to build on our strong momentum in 2021.”
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