Investment Strategy:
Founded in 1996, Madison is a real estate private equity firm focused on providing secondary equity capital for Partner Replacements and Recapitalizations of Class A properties and portfolios located throughout the U.S., U.K. and Western Europe.
Madison works with sponsors, owners and investors seeking to:
- Sell limited partner interests
- Obtain joint venture and preferred equity
- Monetize embedded equity value
- Restructure existing debt
Investment Structure:
Madison recognizes that no two owners’ properties or liquidity needs are alike. Thus, each of Madison’s structured equity transactions are designed to work for the owner based on the particular characteristics of the property or portfolio as well as the owner’s specific financial requirements.
Some owners prefer to sell a pari passu equity interest in their real estate holdings. Others favor a “preferred” equity infusion, enabling them to capture a larger economic interest in future upside by receiving a carried interest and limiting dollars at risk, in exchange for providing a “preferred return” and priority upon liquidation to Madison’s contributed capital.
In either example, the principal owner maintains control of the property or portfolio while unlocking embedded equity capital without an outright sale of the asset(s).