Madison aims to provide flexible capital solutions to owners, operators, and/or managers of growing real estate platforms, seeking to:
- Accelerate the growth of their organization’s enterprise value
- Capitalize underlying acquisition, development, and/or other accretive ROIC opportunities
- Drive expansion into new business lines, geographic regions, or formulate new strategic joint ventures
- Further expand and diversify the underlying platform’s capital raising capabilities and relationships
- Manage underlying ownership liquidity needs, such as partner buyouts, growth equity, PIPEs, balance sheet recapitalizations, GP commitments, and/or G&A infrastructure build out
- Leverage Madison’s suite of shared services in areas such as data analytics, information technology, ESG, and Diversity, Equity, and Inclusion practices
Representative Transaction
REI NATION
Madison has agreed to commit up to $150 million in strategic growth capital to REI Nation, a vertically integrated single-family rental (SFR) operator with over 7,600 homes under management. Madison’s strategic growth investment will provide additional resources to REI Nation as the Memphis-based firm looks to expand its existing capabilities while seeking to take advantage of dislocations in the current SFR market.
A privately held company, REI Nation has a 20-year history of operating in the SFR space. Under the leadership of Kent Clothier, Sr., Chris Clothier and Brett Clothier, REI Nation has acquired, renovated, and sold over $1.7 billion of SFR homes across 13 Southeastern and Texas markets to private investors, while continuing to provide further ongoing property management services as part of its fully vertically integrated turnkey investor experience.