Madison Realty Capital has been named Large-Ticket Lender of the Year ($100M+) and Construction Lender of the Year ($250M+) in the 2025 PERE Credit Awards, with Co-Founder Josh Zegen recognized as Real Estate Figure of the Year. The awards reflect a strong year of deployment across core markets and sectors, including a $720 million loan for the office-to-residential conversion of Pfizer's former Manhattan headquarters — the largest financing ever secured for such a conversion in New York City. PERE Credit highlighted Madison's active role in financing skyline-changing developments in New York, Miami, and other major US markets for blue-chip sponsors. These honors underscore Madison's continued leadership in large-scale, complex real estate private credit since its founding in 2004.

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*For the 2025 PERE Credit Awards, PERE Credit’s editorial team conducted their own independent research to create a shortlist for their industry’s most prestigious honors. The awards are finalized by a popular voting process. There was no compensation paid by Madison Realty Capital to third parties for participation in the voting process.