Managing Principals

Josh Zegen

Managing Principal, Co-Founder

Mr. Zegen co-founded Madison Realty Capital in 2004 and is responsible for overseeing the origination and structuring of all of MRC's investment activities, as well as raising institutional capital and portfolio management. Since MRC's inception, Mr. Zegen has closed real estate transactions totaling in excess of $15 billion. At the firm, Mr. Zegen serves on several investment committees related to both the debt and equity platforms. Prior to founding MRC, he founded and was president of Alpine Commercial Capital, a mortgage advisory firm that successfully closed over $500 million in real estate financings. Prior to forming Alpine, Mr. Zegen was an investment banker in Salomon Smith Barney's financial sponsors/private equity group where he focused on leveraged buyouts, equity and debt financings, mergers and acquisitions and private placement transactions. He is a co-founder and board member of The New York Private Equity Network ("NYPEN"). Mr. Zegen graduated cum laude from Brandeis University with a Bachelor of Arts degree in economics.

Brian Shatz

Managing Principal, Co-Founder

Mr. Shatz co-founded Madison Realty Capital in 2004 and is responsible for structuring all of MRC's investments, risk and portfolio management, raising institutional capital, and asset management. Since MRC's inception, Mr. Shatz has closed real estate transactions totaling in excess of $15 billion. Mr. Shatz serves on several investment committees related to both the debt and equity platforms. Prior to co-founding MRC, he established Bluegrass Growth Fund Partners, LLC, a private investment fund which focused on investing in structured equity and debt investments for U.S. public companies. Mr. Shatz began his career at BlackRock where he worked closely with fixed income portfolio managers and developed institutional client relationships with some of the country's largest pension funds. Mr. Shatz graduated cum laude from Brandeis University with a Bachelor of Arts degree in economics.

Adam Tantleff

Managing Principal

Mr. Tantleff joined the firm in 2005 and is responsible for overseeing the raising of institutional capital both domestically and internationally, as well as investor relations. MRC's global investor base consists of corporate and public pension funds, sovereign wealth funds, university endowments, foundations, insurance companies, fund of funds, family offices, and high net worth individuals. Prior to joining MRC, Mr. Tantleff was an equity partner at Suffolk Capital Management, a multibillion-dollar institutional money manager. At the time of his departure from Suffolk Capital Management, Mr. Tantleff held the dual roles of senior equity research analyst and director of marketing where he dealt directly with the firm’s investors which were mainly Fortune 400 pension funds. Mr. Tantleff graduated from George Washington University with a Bachelor of Business Administration degree in small business management.

Team

David Speiser

Managing Director, General Counsel

Mr. Speiser joined the firm in 2012 and is responsible for the negotiation and execution of all firm investments, as well as overseeing the legal aspects of MRC's administration and organization. Prior to joining MRC, Mr. Speiser was a Senior Vice President at Related Companies, where he was responsible for overseeing legal affairs and operational matters for numerous transactions, including Related's 12 million square foot Hudson Yards development on the far West Side of Manhattan. Mr. Speiser earned a Bachelor of Arts degree, cum laude, from Binghamton University and a Juris Doctor degree from New York University School of Law, where he was a member of the Law Review.

Julie Breslin Furda

Managing Director, Chief Compliance Officer

Ms. Furda joined the firm in 2005 and is responsible for implementing the firm's overall compliance program and monitoring the day to day execution of policies and procedures which are necessary to ensure compliance with all federal and state securities laws and the firm's code of ethics. Ms. Furda also maintains contact with MRC's investors and clients on an ongoing basis and is tasked with monitoring client portfolios to ensure assets are invested in accordance with the Firm's investment guidelines and governing documents. In addition, Ms. Furda is responsible for internal operations. Prior to joining MRC, Ms. Furda worked for a wealth management firm, assisting high net worth individuals with their financial planning needs, through stocks, bonds, mutual funds and insurance products. Ms. Furda graduated from Columbia University with a Bachelor of Arts degree.

Urian Yap

Managing Director, Chief Financial Officer

Mr. Yap joined the firm in 2021 as Chief Financial Officer. His role entails the executive management, strategy, planning, and reporting of the company’s finances. Prior to joining MRC, Mr. Yap was a Senior Vice President with The Blackstone Group (Blackstone) and led both the global loan operations team of Blackstone Real Estate Debt Strategies’ (BREDS), representing over $20 billion of gross assets, as well as the financial reporting team for Blackstone Mortgage Trust Inc. (NYSE: BXMT). Prior to the tenure at Blackstone, Mr. Yap was the assistant controller at Colony Capital for the firm's platform of public and non-traded companies, which included both REITs and vehicles governed by the Investment Company Act of 1940. Mr. Yap has further held financial reporting positions in the real estate group of Morgan Stanley as well as roles in the corporate litigation advisory practices of Duff & Phelps and Ernst & Young. Mr. Yap holds a B.B.A. from Emory University with a concentration in Accounting, and is a Chartered Financial Analyst (CFA) charterholder and an inactive Certified Public Accountant (CPA) in the state of Georgia. 

Shea Taylor

Managing Director, Human Resources

Ms. Taylor joined the firm in 2016 and is Managing Director of Human Resources. She oversees the company’s strategic organizational planning and execution of all talent initiatives. Ms. Taylor has twenty years of Human Resources experience, having held senior level Human Resource roles at both SL Green Realty Corp. and Jones Lang LaSalle. She has achieved the following Professional Certifications: SPHR, CCP, and CBP. Ms. Taylor received her Bachelor of Arts degree from the University of Houston. 

Jay Heydt

Managing Director, Sales & Leasing

Mr. Heydt joined the firm in 2016 as Managing Director, Sales and Leasing.  His role oversees the firm’s leasing portfolio, condo inventory, and brokerage relations.  Mr. Heydt contributes to the asset management of the portfolio, partnering with the development, property management, and investment teams.  Prior to joining MRC, Mr. Heydt was Senior Managing Director for Citi Habitats, where he spent 14 years overseeing 200 agents, along with owner representation throughout NYC in the leasing execution of over 500 buildings. Mr. Heydt earned a Bachelor of Arts degree from University of Rhode Island's Harrington School of Communication and Media.

Mark Gormley

Director

Mr. Gormley joined the firm in 2012 and is a Director of Investments, focusing on acquisitions, underwriting, and asset management. He is responsible for sourcing, negotiating, and structuring transactions. Since joining MRC, Mr. Gormley has closed over $5 billion in new debt and equity transactions. Mr. Gormley also assists in asset management, financing, and disposition of debt and equity transactions in the firm’s portfolio across the United States. Prior to joining MRC, Mr. Gormley worked with a New York City-based real estate economist focused on CMBS research. Mr. Gormley received his Bachelor of Arts degree with a concentration in Economics from Brown University.

David Baharestani

Director

Mr. Baharestani joined the firm in 2014 and is a Director of Investments, focusing on acquisitions, underwriting, and asset management. He is responsible for sourcing, negotiating, and structuring transactions. During his career with MRC, Mr. Baharestani has led the evaluation and execution of over $1.3 billion in debt transactions, and over $450 million in property acquisitions. Prior to MRC, Mr. Baharestani worked at Spring Hill Capital Partners for 5 years, where he was involved in $1.4 billion of CMBS investments, and in the real estate group at Lehman Brothers. Mr. Baharestani received a Masters in Business Administration from the Leonard N. Stern School of Business at New York University and a Bachelor of Arts degree from Wesleyan University.

Adam Sadaka

Director

Mr. Sadaka joined the firm in 2021 and is a Director of Investments, focusing on acquisitions, underwriting, and asset management. He is responsible for sourcing, negotiating, and structuring transactions. Prior to joining MRC, Mr. Sadaka most recently worked at Axonic Capital for 5 years, where he was involved in sourcing and analyzing commercial real estate debt and equity investment opportunities amounting to $2 billion in capitalization and $500 million equity invested, including non-performing loan acquisitions totaling $1 billion UPB.  Before his tenure at Axonic, Mr. Sadaka worked in the commercial real estate group at Lone Star Funds under Hudson Advisors, where he was an underwriter for the lending group LStar Capital and was heavily involved in underwriting and analyzing multi-billion dollar loan pool acquisition opportunities. Mr. Sadaka began his career in the fixed income division at Goldman Sachs. Mr. Sadaka received his Bachelor of Arts degree with a concentration in Political Science from Washington University in St. Louis. 

Raphael Chejade-Bloom

Senior Vice President, Marketing

Mr. Chejade-Bloom joined the firm in 2018 as Senior Vice President of Marketing. He oversees strategic planning and implementation of MRC’s corporate marketing, events, and business development initiatives. He manages external agencies, including digital marketing, creative, government relations and PR, ensuring measurable results for the fully integrated portfolio. Mr. Chejade-Bloom also manages special projects for the firm, including enterprise-level technology solutions and operations. Previously, as Managing Partner at Gerber Group, he oversaw the expansion of the company’s global portfolio of innovative dining concepts, lounges, and bars, before joining The Marketing Directors, a new development advisory firm, as Vice President of Corporate Strategy. Mr. Chejade-Bloom earned a Bachelor of Arts degree in Public Communication from American University.

Shoshana Carmel Liss

Director, Operations

Ms. Carmel Liss joined the firm in 2006 and is responsible for servicing all the assets in the firm's debt portfolios, assisting in cash management, and serving as a liaison to MRC's various leverage providers. In addition, Ms. Carmel Liss works with MRC's third-party administrator and accountants on financial reporting and assists in the preparation of the firm's financial statements. She manages the closing process for all new transactions, as well as various activities relating to post-closing maintenance. Prior to joining MRC, Ms. Carmel Liss worked in the Operations and Management group for a mortgage lender offering both residential and commercial loans. Ms. Carmel Liss graduated Summa Cum Laude from Yeshiva University, Sy Syms School of Business with a Bachelor of Science degree in Finance.

Zach Kadden

Director, Development

Mr. Kadden joined the firm in 2015 and is Director of Development. He focuses on MRC’s adaptive reuse commercial development projects as well as ground up developments, which include mixed-use and mixed-income components. Mr. Kadden’s experience and education span real estate development, design, construction, legal, land use planning and policy. Mr. Kadden earned a Bachelor of Arts degree from the University of Michigan and a Juris Doctor degree from Benjamin N. Cardozo School of Law. He is a member of the New York State Bar.

Julie Rodríguez

Director, Property Management

Ms. Rodriguez joined the firm in 2018 and is the Director of Property Management at MRC.  She is responsible for the performance of all aspects of Property Management including facilities management, lease administration, accounts receivable & payable, financial analysis & reporting, and tenant relations.  Ms. Rodriguez has over 15 years of experience in the Commercial Real Estate industry, which includes residential & commercial leasing, asset and property management, investor relations, and marketing.  She has previously held roles at Jonathan Rose Companies & Vornado Realty Trust.  She holds a Bachelor of Science in Real Estate from New York University.

Marc Zegen

Originations & Acquisitions

Mr. Zegen joined the firm in August of 2007 and is a Director of Debt Originations & Acquisitions. He is responsible for the sourcing of new debt and equity opportunities, loan originations, purchasing of non-performing debt, and the acquisition of development properties. Since joining MRC, Mr. Zegen has sourced and closed over $2 billion in debt transactions as well as over $500 million in property acquisitions. Mr. Zegen also assists in asset management of properties that the firm owns outside the NY area. Prior to joining MRC, Mr. Zegen worked at Buildcorp Australia Development, a Sydney, Australia based condominium developer. Among other industry recognitions, Mr. Zegen has been named to Commercial Observer’s 25 Under 35: The Lenders and Debt Brokers To Watch. Mr. Zegen received his Bachelor of Arts degree from Brandeis University.

Ricky Braha

Originations & Acquisitions

Mr. Braha joined the firm in 2015 and is a Vice President of Debt Originations & Acquisitions. He is responsible for the sourcing of new debt and equity opportunities, loan originations, purchasing of non-performing debt, and the acquisition of development properties. Mr. Braha also assists with commercial and retail leasing for MRC’s equity portfolio. Prior to MRC, Mr. Braha lead acquisitions and leasing for JTRE Holdings; which accumulated approximately $100MM of retail focused assets. Mr. Braha received his Bachelor of Arts degree from Florida International University.

Mark Simon

Originations & Acquisitions

Mr. Simon joined the firm in 2012 and is a Vice President of Debt Originations & Acquisitions. He is responsible for the sourcing of new debt and equity opportunities, loan originations, purchasing of non-performing debt, and the acquisition of development properties. Mr. Simon is a member of ICSC, Mortgage Banker’s Association, National Multifamily Housing Council, and CRE Finance Council. Prior to joining MRC, Mr. Simon held positions with Thor Equities and Fortuna Realty Group. Mr. Simon received his BBA from George Washington University.

Ben Kramer

Director, Finance & Accounting

Mr. Kramer joined the firm in 2014 after having been employed with Ernst & Young and WeiserMazars. His responsibilities at MRC include assisting in the oversight and process of the accounting functions for all equity and debt deals across the firm, general oversight of REIT compliance, reporting and testing, assisting in deal structuring to minimize potential tax consequences, and reviewing and approving all tax returns. Mr. Kramer is a New York State Certified Public Accountant. Mr. Kramer received his Masters in Taxation from St. John's University and graduated from Touro College with a Bachelor of Science in Accounting.

Siobhan O'Sullivan

Director, Loan Servicing

Ms. O’Sullivan joined the firm as Director, Loan Servicing in 2017, specializing in the optimization of policies and procedures for technical due diligence on development projects. She ensures that all transactions meet or exceed industry standards, including loan documents, as well as credit and compliance requirements with borrowers and leverage providers. Ms. O’Sullivan has over twenty years of asset management experience with MidFirst Bank, Eurohypo AG, Credit Lyonnais and Chase Manhattan, specializing in technical services, and construction loan administration. Ms. O’Sullivan received her Bachelor of Arts degree from St. Thomas Aquinas College. She is a member of the Real Estate Lenders Association.

Eric Migicovsky

Vice President

Mr. Migicovsky joined the firm in 2019 and is a Vice President of Investments, focusing on acquisitions, underwriting, and asset management. He is responsible for sourcing, negotiating, and structuring transactions. Prior to joining MRC, Mr. Migicovsky most recently worked at ACORE Capital for 4 years, where he was involved in originating and underwriting over $2 billion of commercial real estate debt investments. Before his tenure at ACORE, Mr. Migicovsky worked for real estate investment bank Eastdil Secured on transactions across the capital structure for a variety of product types. Mr. Migicovsky began his career at Beal Bank on the securitized products team tasked with purchasing distressed mortgage backed securities during the Global Financial Crisis. Mr. Migicovsky received a Masters in Business Administration from the UCLA Anderson School of Management and a Bachelor of Science in Business Administration from Boston University.

Michael Goldberg

Vice President

Mr. Goldberg joined the firm in 2019 and is a Vice President of Investments, focusing on acquisitions, underwriting, and asset management. He is responsible for sourcing, negotiating, and structuring transactions. Prior to joining MRC, Mr. Goldberg worked in the investments group at SL Green Realty Corp., where he was involved in the execution of over $6.5 billion in equity and credit investments. Mr. Goldberg received his Bachelor of Arts degree with a concentration in Urban Studies & Real Estate from the University of Pennsylvania. He serves on the executive board of the Covenant House Real Estate Sleep Out.

Ariel Fins

Vice President, Finance & Accounting

Ms. Fins joined the firm in 2014 after working for PricewaterhouseCoopers in the Assurance sector. Her responsibilities at MRC include assisting in the oversight of financial reporting for the firm’s debt and equity funds, quarterly and ad-hoc investor reporting, fundraising data requests and portfolio tracking and monitoring. Ms. Fins leads coordination with the firm’s Fund Administrator and external auditors for the production of the funds’ quarterly and annual financial statements. Ms. Fins received her Masters of Science in Accountancy at the University of San Diego and is a New York State Certified Public Accountant.

Josh Gessin

Vice President, Investor Relations

Mr. Gessin joined the firm in 2016 and is a Vice President of Investor Relations. He is responsible for capital raising as well as investor relations and fund management for the firm’s global institutional investor base. Since joining the firm, Madison Realty Capital has raised in excess of $2.5BN of equity capital commitments across several products and strategies. Mr. Gessin previously held investor relations and capital markets roles at Rialto Capital Management where he was involved in the raising of $1BN of equity capital commitments.  Prior to Rialto, he worked on real estate private equity investments at LGT Capital Partners.  Mr. Gessin received his Bachelor of Science in Business Administration with a concentration in Finance from the D’Amore-McKim School of Business at Northeastern University.

Juan Herrera

Vice President, Development

Mr. Herrera joined the firm in 2020 as a Vice President of Development. He is responsible for oversight and management of construction at MRC. Prior to joining MRC, Mr. Herrera worked at Sugarhill Capital Partners as the executive director of development and construction.  Mr. Herrera’s professional experience includes the execution of over 1.5MM square feet of capital projects in multifamily and mixed assets while implementing sustainable work practices. Mr. Herrera earned a Master of Fine Arts in Digital Design from Parsons School of Design, and holds a Bachelor of Science in Chemistry from NYU, Bachelor of Engineering in Materials Engineering from Stevens Institute of Technology. 

Careers

 
To inquire about current job opportunities at Madison Realty Capital, please email: careers@madisonrealtycapital.com