News September 03, 2020
Construction Financing and the COVID-19 Challenge
In a world of uncertainty, Madison Realty Capital is keeping the multifamily construction lending sector stable thanks to its long-term positioning and liquidity. MRC’s Managing Principal and Co-Founder Josh Zegen says that his firm is actively providing construction financing. The debt investment firm has inked hundred million dollar deals on both coasts this year, extending a $102 million first mortgage loan for a 214-unit luxury rental property in Fort Lauderdale, Florida, as well as a $150 million development and refinancing loan to WS Communities for properties in Santa Monica, California.