DEBT
Madison has sponsored four institutionally-backed debt investment vehicles which have closed in excess of $20 billion of debt transactions.*
Madison Realty Capital pursues debt investments by originating senior secured loans, mezzanine loans and preferred equity investments for the construction, acquisition, and refinancing of commercial real estate, and by acquiring non-performing loans and preferred equity investments. As a lender, Madison is a valued partner to both institutional sponsors and leading independent developers, known for speed, flexibility, and certainty of execution in complex situations.
As a purchaser of debt, the firm has established its reputation as a reliable counterparty to banks, funds, and other debt sellers seeking to deleverage and solidify their balance sheets. Madison debt investment opportunities seek to capitalize on market conditions in which liquidity is limited and financing is difficult, as well as time-constrained opportunities and special situations with customized or complex underlying dynamics.
The firm’s investor base for the debt platform currently consists of corporate and public pension funds, sovereign wealth funds, university endowments, foundations, insurance companies, fund of funds and high-net-worth individuals.
Los Angeles Portfolio
Originated a $345MM first mortgage loan collateralized by three mixed-use development sites and three residential buildings in the Santa Monica and Brentwood neighborhoods of Los Angeles, CA
241 West 28th Street
New York, NY
Originated a $173MM first mortgage loan for the construction of a 479 unit luxury multifamily development in the Chelsea neighborhood of Manhattan, NY
Miami River
Miami, FL
Originated a $310 million loan for the first two phases of development of a 6.2-acre mixed-use site that will be developed in five phases spanning 2.5 city blocks and deliver 1,928 multifamily units in Downtown Miami, FL
300 West 122nd Street
New York, NY
Originated a $160MM upsized loan for the completion and sellout of a luxury mixed-use condominium in the West Harlem neighborhood of Manhattan, NY
Four Seasons Hotel and Private Residences
Fort Lauderdale, FL
Originated a $210MM first mortgage loan collateralized by a luxury mixed-use condominium development, comprised of 83 residential condominiums and 148 hotel keys, located in Fort Lauderdale, FL.
Raffles Boston Back Bay Hotel & Residences
Originated a $314MM first mortgage loan collateralized by a luxury mixed-use condominium development, comprised of 146 residential condominiums and 147 hotel keys, located in the Back Bay neighborhood of Boston, MA.
SoMi
Hayward, CA
Originated a $105 million construction loan for a multi-phased project that will include 123 townhomes and 66 residential condominiums, nearly one third of which will be affordable, in Hayward, CA.
138 East 50th Street
New York, NY
Originated a $300MM first mortgage loan collateralized by a mixed-use condominium development located in the Midtown East neighborhood of Manhattan, NY.
RIVA
Fort Lauderdale, FL
Originated a $65MM first mortgage loan collateralized by a luxury residential condominium development located in Fort Lauderdale, FL.
MARI
Bellevue, WA
Originated a $95 million loan for a Class-A condominium project that includes 138 luxury residences, 5,000 square feet of ground floor retail space and 210 parking stalls in downtown Bellevue, WA.
Four Seasons Miami
Miami, FL
Originated a $105MM acquisition and modernization loan for the Four Seasons Hotel Miami located at 1435 Brickell Avenue in Brickell neighborhood of Miami, FL.
New Jersey Portfolio
Originated a $395 million loan for a portfolio of three multifamily projects in Bayonne, Raritan and Linden, NJ with 1,161 units, and an eight-acre land site in Downtown Newark with plans to develop 4,200 residential units.
University Pointe
Davie, FL
Originated a $62MM bridge and construction loan for the refinancing and development of University Pointe, an 877-bed student housing property located in Broward County, FL.
625 Fulton Street
Brooklyn, NY
Originated a $450 million construction loan to complete the development of a 1,098-unit, 35-story multifamily and retail mixed-use property in Downtown Brooklyn, NY.
