In this episode of The PERE Podcast, co-founder Josh Zegen discusses how the New York-based firm has expanded beyond construction lending to participate in commercial real estate deals through multiple investment strategies since its founding in 2004. The most recent of these were in New York. In mid-May, the company funded a $720 million loan to finance the conversion of the former Pfizer headquarters into a 1,600-unit apartment complex. And earlier this month, a joint venture between Madison Realty and a Kushner Companies joint venture funded a $525 million construction loan for the development of Court LIC, a planned 55-story condo in New York’s Long Island City submarket.

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