News May 21, 2026

Madison Realty funds $92m construction loan for Florida multifamily development

PERE Credit reported that Madison Realty Capital originated a $91.8 million construction loan for Alta Sunset, a 314-unit multifamily development in South Miami featuring one- and two-bedroom homes, retail, and health amenities. The deal reflects MRC's continued focus on South Florida, where approximately 20% of its 2025 originations were sourced, spanning multifamily, mixed-use, and hospitality assets across Miami-Dade, Broward, and Palm Beach counties.

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