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Madison Realty Capital raises $2B for latest debt fund

Posted: 11 Jan 2022 02:24 PM PST

Madison Realty Capital closed its fifth debt fund, raising over $2 billion as the firm continues to attract a surge of institutional capital to its lending machine. The Manhattan-based nonbank lender exceeded its target of $1.75 billion and nearly doubled the amount of money it raised in its previous fund, which closed in 2019. Led by Josh Zegen, Brian Shatz and Adam Tantleff, Madison plans to use the funds to originate and acquire loans across