Madison Realty Capital is very much open for business. Commercial Observer reported that alternative lenders, like Madison, are seeing opportunity ahead. “The base of banks providing capital will shrink, and we believe there’s a big void for us to provide in leveraging other lenders,” said Josh Zegen, managing principal and co-founder of Madison Realty Capital. He noted his firm and others like it specialize in whole loans, value-add loans, and buying performing and nonperforming loans. “I think the shock to the system and the change in psychology and psyche [from this recent financial crisis] is not something that’s quick to reverse,” Zegen added.”

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