Madison International founder talks shop

New York /
May.May 20, 2011 12:55 PM
From left, 520 Madison Avenue, Ronald Dickerman, founder and president of Madison International Realty, and Chrysler East (latter building source: PropertyShark)

Ronald Dickerman, founder and president of Madison International Realty, a real estate private equity firm with ownership stakes in buildings around the world though investment funds, like 520 Madison Avenue, says his company has been doing well recently. “Just in the last three to six months we’ve seen a significant increase in the amount of partial stakes that investors are bringing to the market,” Dickerman told the New York Times. He recently announced a deal to acquire a 49 percent interest in 15 retail and entertainment properties owned by Forest City Ratner, and the firm has raised its stake in Chrysler East at 666 Third Avenue to approximately 48 percent from 35 percent. Madison International also has a joint venture in Kip’s Bay with RFR Realty, called Eastbridge Landing at 377 East 33rd Street. The firm is also working on several deals between the U.S., London and Paris, Dickerman said. [NYT]


Related Articles

arrow_forward_ios
Former Forest City CEO MaryAnne Gilmartin and P.C. Richard executive Thomas Pohmer with Site 5 at Flatbush and Atlantic Avenues (Credit: Getty Images, IMA Long Island, and Google Maps)

Why nothing ever gets built on this Pacific Park site

Why nothing ever gets built on this Pacific Park site
Madison International Realty president Ronald Dickerman (Credit: Madison International Realty, iStock)

Madison International Realty closes $1.2B fund

Madison International Realty closes $1.2B fund
Clockwise from top left: 213 Bennett Avenue in Hudson Heights, 25-74 33rd Street in Astoria, 170 North Fifth Street in Williamsburg, and 106 Fort Washington Avenue in Washington Heights with Madison International Realty President Ronald Dickerman (Credit: Google Maps, Madison International Realty)

NYC, Westchester multifamily portfolio gets $275M recap

NYC, Westchester multifamily portfolio gets $275M recap
Long Island Cheat Sheet: Alibaba co-founder Joseph Tsai could buy Nassau Coliseum… & more

Long Island Cheat Sheet: Alibaba co-founder Joseph Tsai could buy Nassau Coliseum… & more

Long Island Cheat Sheet: Alibaba co-founder Joseph Tsai could buy Nassau Coliseum… & more
The dismantling of Forest City Ratner

The dismantling of Forest City Ratner

The dismantling of Forest City Ratner
With $6.8B Forest City deal set to close, Brookfield says it’s now the biggest commercial landlord in town

With $6.8B Forest City deal set to close, Brookfield says it’s now the biggest commercial landlord in town

With $6.8B Forest City deal set to close, Brookfield says it’s now the biggest commercial landlord in town
Shareholders greenlight Brookfield’s $6.8B purchase of Forest City

Shareholders greenlight Brookfield’s $6.8B purchase of Forest City

Shareholders greenlight Brookfield’s $6.8B purchase of Forest City
Judge clears the way for Forest City vote on Brookfield deal

Judge clears the way for Forest City vote on Brookfield deal

Judge clears the way for Forest City vote on Brookfield deal
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...