The Real Deal New York

Madison Realty Capital is a real estate management firm in New York. The firm was founded by Brian Shatz and Joshua Zegen in 2004, and since that time has closed more than $2.5 billion of real estate transactions for multifamily, retail, office and industrial properties. In 2007, Madison dealt out more than $500 million in commercial real estate loans alone. The firm specializes in equity and debt transactions as well as property management, all focused on the middle market. In 2013, Madison climbed over the $700 million mark in closed real estate transactions for a single year. Additionally, the company launched a separate property management and asset management company called Silverstone Properties.

Some of Madison's largest transactions include acquisition and construction loans for a seven-story mixed-use Elmhurst, Queens, development for $70 million. The development is a conversion of the former Saint John's Hospital. In December 2014, Madison announced an $89 million multifamily property development in Clinton Hill, Brooklyn. The development is a 27,500-square-foot 80/20 housing project. As of 2014, Madison had accumulated a series of contiguous properties in Harlem; it owns an entire city block on Frederick Douglass Boulevard between 111th and 112th Streets.