DEBT

MRC has sponsored four institutionally-backed debt investment vehicles which have closed in excess of $10 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, MRC 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. MRC 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 non-traditional 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.

Debt Investment

FEATURED DEBT TRANSACTIONS

Debt Investment Transaction: LA

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

Debt Investment Transaction: West 57th Street

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.

Debt Investment Transaction: St. Marks

St. Marks Place 
New York, NY

Originated a $48MM senior loan for the development of a mixed-use office and retail building in the East Village neighborhood of Manhattan, NY.

Debt Investment Transaction: Turtle Creek

Turtle Creek 
Dallas, TX

Originated a $32.5MM first mortgage loan collateralized by a mixed-use development site located in the Turtle Creek neighborhood of Dallas, TX.

Debt Investment Transaction: Raffles

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.

Debt Investment Transaction: Retail NY

Metro New York Retail Portfolio

Acquired a $50MM loan portfolio consisting of 10 first mortgage loans collateralized by seven bank branches, two CVS pharmacies, and one multifamily building located in Queens, Long Island, Westchester County and Fairfield County, CT.

Debt Investment Transaction: 138 E 50th

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.

Debt Investment Transaction: RIVA

RIVA 
Fort Lauderdale, FL

Originated a $65MM first mortgage loan collateralized by a 65% complete luxury residential condominium development located in Fort Lauderdale, FL.

Debt Investment Transaction: 45 E 22nd St.

45 East 22nd Street 
New York, NY

Originated a $167.5MM first mortgage loan collateralized by 24 luxury condominium units with a net sellable area of 73,737 SF and 14 parking spaces located in the Flatiron and West Village neighborhoods of Manhattan, NY.

Debt Investment Transaction: Mixed-Use Queens

Flushing Mixed-Use 
Queens, NY

Originated a $94MM first mortgage loan collateralized by a 100,500 SF retail and office building located in the Flushing neighborhood of Queens, NY.

Debt Investment Transaction: Multifamily Brooklyn

Brooklyn Multifamily Portfolio

Originated a $18MM first mortgage loan collateralized by eight mixed-use buildings and a 95% complete residential building in the Greenpoint neighborhood of Brooklyn, NY.

Debt Investment Transaction: William Vale Hotel

William Vale Hotel 
Brooklyn, NY

Originated a $96MM first mortgage secured by a 260,334 SF building consisting of hotel, office, and retail in the Williamsburg neighborhood of Brooklyn, NY.