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.
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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.