GlobeNewswire

2024-09-12 20:30

Madison Realty Capital Raises $2.04 Billion for Sixth U.S. Real Estate Debt Fund

Marks the Largest U.S. Focused Real Estate Debt Fund Raised in 2024

Executes Second Consecutive $2 Billion+ Fundraise Amid Extended Period of Market Volatility

NEW YORK, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Madison Realty Capital, a vertically integrated real estate private equity firm focused on real estate private credit, today announced the final close of Madison Realty Capital Debt Fund VI LP (“Fund VI” or the “Fund”), raising $2.04 billion in equity commitments. Fund VI is the largest U.S. focused real estate debt fund raised to date in 2024 and the second largest real estate debt fund raised overall this year. Fund VI will have the capacity to invest between $6-8 billion of total commitments, inclusive of leverage and recycling of capital.

Fund VI received considerable support from both new and existing institutional investors across North America, the Middle East, Europe, and Latin America, and expanded the firm’s investor base in Asia. Fund VI received significant backing from existing Madison Realty Capital investors as returning institutional investors make up nearly 70% of the Fund.

Madison Realty Capital now manages over $21 billion in assets, has executed approximately $48 billion in transactions since inception, and employs over 150 professionals in New York, Los Angeles, Charlotte, Japan, and the Middle East.

Fund VI builds on Madison Realty Capital’s ability to identify and unlock the value creative potential of real estate properties with a focus on the origination and acquisition of loans throughout major metropolitan markets in the U.S. The Fund invests in multifamily and residential-related properties with an opportunistic view on hotel, student housing, land, industrial, retail and office. Madison Realty Capital’s comprehensive in-house asset management platform, which includes servicing and development, provides direct lending, performing and non-performing note purchases and lender financing to other alternative lenders.

Adam Tantleff, Managing Principal of Madison Realty Capital, said, “The successful close of our second consecutive fund of more than $2 billion during a prolonged period of turbulent market conditions is a testament to the confidence our investors have placed in Madison after twenty years in business. Institutional investors are increasingly focused on private credit, which is a rapidly growing portion of many portfolios. Our early entry into the industry, combined with our comprehensive platform and track record, uniquely positions the firm to capture the substantial demand for well-capitalized, non-bank lenders as uncertainty persists within the real estate and broader credit markets. We appreciate the support from our new and long-tenured global institutional investor base as we seek to generate compelling risk-adjusted returns on their behalf.”

To date, the Fund has completed over $3.79 billion in deal volume across 26 transactions throughout all major metropolitan markets and regions of the United States and is approximately 45% called on its capital commitments.

Josh Zegen, Managing Principal and Co-Founder of Madison Realty Capital, said, “We continue to see attractive opportunities to deliver direct financing to new and existing borrowers in addition to expanding our capabilities to provide other private credit lenders with unique flexibility and creative financing solutions including senior and note on note financing options. As we seek to strategically scale our platform, we strive to be the lender of choice for borrowers seeking speed and certainty of execution. Since launching Fund VI, we have already deployed capital into attractive opportunities where we have expertise, and we expect the opportunity set and investment pipeline to remain robust.”

About Madison Realty Capital 
Madison Realty Capital is a vertically integrated private equity firm focused on US-based commercial real estate private credit strategies. As of June 30, 2024, the firm, including its controlled affiliates (collectively, “Madison”), manages $21 billion in assets on behalf of a global institutional investor base. Since 2004, Madison has completed over $48 billion of securities and non-securities real estate transactions largely through direct lending to a wide range of borrowers, acquiring non-performing loans and making preferred equity investments. Madison Realty Capital seeks to deliver value across every phase of the property lifecycle by providing customized financing solutions and strong underwriting capabilities that meet borrowers’ unique needs with speed and certainty of execution. To learn more, follow Madison Realty Capital on LinkedIn and visit www.madisonrealtycapital.com.

Media inquiries, contact:
Nathaniel Garnick/Grace Cartwright        
Gasthalter & Co.
(212) 257-4170
madisonrealty@gasthalter.com


Primary Logo

source: Madison Realty Capital

送禮活動浪接浪!想緊貼著數活動消息?即Like etnet Facebook專頁!► 立即讚好

人氣文章
最近7天
1
港股 | 蕭猷華:內地AI發展迅速,阿里巴巴股價看俏
2
高息定存 | 一周高息合集,銀行高息搶存,富邦1個月4.88厘,華僑1年期3.6厘
3
英偉達 | DeepSeek衝擊AI晶片行業結構 英偉達暴跌仍未急抄底
4
PapaHome淘寶家具實體店22日開幕,選址尖沙咀中港城,料創100個就業機會
5
高息定存 | 花旗3個月港元定存息加至4厘,信銀國際3.88厘
6
啟德體育園明天足球賽測試,4.4萬公僕參與涉逾400萬車馬費
7
環球央行 | 歐洲央行宣布再次減息0.25厘,符合市場預期
8
高息定存 | 華僑銀行推新春港元定存優惠,88天或188天享3.68厘
9
一本萬利 | 2025年的五個「勿」(有片)
10
互聯支付 | 黃俊碩:轉數快與IBPS互聯支付所產生的發展契機
11
電騙 | 黃俊碩:多管齊下,防治內地留學生受騙
12
易經看世界 | 乙巳蛇年趨吉五招:言行注意甚麼?應遠離甚麼人?(有片)
13
高息定存 | 一周高息合集,蛇年定存金蛇起舞,1個月定存高達8厘
14
洪灝專訪 | 淘寶衝擊巨大,港樓價未反映大周期拐點(有片)
15
專訪 | 關稅戰 | 香港物流協會副會長梁庭彰:美物流商停收包裹對跨境電商打擊重大
16
港股 | 午市前瞻 | iPhone SE難救中國市場 專家提醒比電已超買
17
【FOCUS】螺絲殼裏做道場,DeepSeek致勝啟示
18
專訪|洪灝:美股更大跌幅在前面,恐需習慣4%通脹(有片)
19
習近平應約與特朗普通電話,特:冀盡快與習見面
20
新世界 | 摩通:新世界若債務違約或打開行業「潘朵拉盒子」
21
大S | 台灣藝人徐熙媛因流感併發肺炎逝世,享年48歲
22
DeepSeek推出即上蘋果中國區榜首,能力直追OpenAI
23
收市短打 | 楊韻銳:港股升勢有成交配合 惟留意關鍵阻力位!
24
高息定存 | 一周高息合集,部分銀行逆市加息,南商3個月加至3.8厘
25
港股 | 蕭猷華:春節假後,恒指逐步上望21000點
26
特朗普就職 | 特朗普上台後行動列表
27
馬斯克明拆特朗普台,指其星際之門計劃「假大空」
28
【FOCUS】侵侵呼籲全球「降息」,日銀祭18年最激進加息
29
港股 | 午市前瞻 | AI應用概念炒作有錢途 下階段部署邊隻好?
30
高息定存 | 富邦一周港元定存高達9.88厘,一個月4.88厘
專業版
HV2
精裝版
SV2
串流版
IQ 登入
強化版
TQ
強化版
MQ

【etnet 30周年】多重慶祝活動一浪接一浪,好禮連環賞!

【蛇年行大運 新年好賞「飾」】etnet賞太歲開運趨吉避凶神器

etnet榮獲HKEX Awards 2023 「最佳證券數據供應商」大獎

貨幣攻略

大國博弈

說說心理話

Watch Trends 2024

北上食買玩

Art Month 2024

理財秘笈

流感高峰期

山今養生智慧

輕鬆護老