Power 100 2023
Commercial Observer’s editorial staff once again ranked Madison Realty Capital as one of the most powerful figures in commercial real estate. The firm completed more than 35 transactions for a deal volume of nearly $3 billion in 2022, closing the year with more than $10 billion in assets under management (AUM). The firm executed deals across asset classes — including $1.8 billion worth of transactions with repeat borrowers or brokers, and pivoted into hospitality, with its new hospitality lending platform, Madison Newbond. “It’s a really good accomplishment for 2022, growing AUM in a market that was, in some cases, constrained,” said Josh Zegen, who founded Madison with Brian Shatz and is now one of the firm’s three managing principals. “For some of our peers, it’s hard to grow today, but we have a very global investor base, and some pockets of the world have more capital than others.”
