News May 05, 2023
Private lenders see their moment in the banking crisis
Alternative lenders are ready to step in with regional banks in flux. The Real Deal’s NYC Showcase + Forum hosted Madison Realty Capital's co-founder, Josh Zegen to discuss the financing landscape, current challenges in the market, and where lenders see opportunity to deploy capital right now. "Zegen said Madison has little office exposure and that he sees opportunities in branded residential projects. This week, Madison provided a $340 million construction loan for South Florida developer Dan Catalfumo’s Ritz-Carlton Residences in Palm Beach Gardens."