Nationwide Platform
Featured Debt Transaction
241 West 28th Street
New York, NY
Madison originated a $173 million construction loan to MAG Partners for a 479-unit rental residential building at 241 W. 28th Street in Chelsea. The project is being developed under the Affordable NY program with 30 percent of its units reserved for low- and middle-income New Yorkers. Renowned architecture firm COOKFOX has designed the building. The project is a joint venture between MAG Partners, Safanad, Atalaya Capital Management and Qualitas, one of the biggest asset managers in Australia.
Entrepreneurial Culture,
Institutional Infrastructure,
Vertically Integrated
Featured CASE STUDY
St. Regis Residences
Boston, MA
Madison originated a $345 million loan to Cronin Development for the completion of a 22-story, 114-unit residential and retail condominium development at 150 Seaport Boulevard in Boston, Massachusetts. The property will contain a mix of one-bedroom to six-bedroom penthouse residences with waterfront views, a majority of which will feature outdoor space, and 10,211 square feet of retail.
For the 2022 PERE Global awards, PERE’s editorial team conducted their own independent research to create a shortlist for their industry’s most prestigious honors. The awards are finalized by a popular voting process. Madison Realty Capital was nominated for this award and ran a campaign to encourage their contacts in the industry to vote for them. There was no compensation paid by Madison Realty Capital to third parties for participation in the voting process.