News July 11, 2018
MRC’s Josh Zegen Talks Entrepreneurship and 14 Years of Alternative Lending
In an interview with Commercial Observer, Madison Realty Capital Co-Founder Josh Zegen talks about the entrepreneurial spirit, starting a bridge loan company on the eve of the 2008 financial crisis, and budding real estate opportunities outside of New York City. Zegen, who has been an entrepreneur since he began buying closeouts and irregular hats for cost and selling them for a profit, founded the company with Brian Shatz in 2004 when the pair saw an opportunity in the distressed debt investing business. Today, MRC employs more than 80 people and manages more than $4 billion in investments, and Zegen is looking to the West for the next big wave of lending.
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