The New Lineup of Debt Players
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In the increasingly competitive world of real estate debt funds, Madison Realty Capital has found success by playing to its strengths and never turning away a good opportunity, no matter the size. “Some funds only want to do big deals,” MRC Co-Founder and principal Josh Zegen told Commercial Property Executive. “We still do $10 million and $20 million deals.” Those decisions, big and small, add up: last year, MRC tallied a company record $2.4 billion in volume. As part of its portfolio, the New York-based lender extends loans to developers to finish projects and continues to be active in other parts of the country, including a recent deal for a pair of medical offices in Houston.
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