Madison International Realty Participates in New York Cares Day Spring 2016
New York City’s largest hands-on spring cleaning event, New York Cares Day Spring, joins together more than 4,000 volunteers to revitalize 74 parks and community gardens. This year, Madison International Realty sent a group of its employees to the International Rescue Committee’s New Roots Community farm in the Bronx. In just three hours, the team
Madison International Realty Hosts Second Mentoring Event
Madison International Realty has partnered with Educational Alliance’s Samuel B. Rosenblatt College Prep Program to create a mentoring program especially tailored to their students and alumni. Educational Alliance is a 126-year-old New York institution that strives to help the community by providing arts & culture, education, health & wellness, and social services to those in
Madison Acquires Interest 83-Property Retail Portfolio
In November 2015 and January 2016, Madison acquired a 8.9% equity interest in an 83-property retail portfolio, HBS Global Properties, a joint venture between the Hudson’s Bay Company (“HBC”) and Simon Property Group (“SPG”). SPG is the largest real estate mall operator in the world and operates retail real estate platforms throughout the globe. The
Madison International Realty Employees Donate to Food Bank for New York City
For the second year in a row, Madison International Realty gave our New York employees the option to donate their Friday Seamless lunch funds to the Food Bank for New York City. Over two weeks this November, we raised $2,310 which will provide 11,550 meals for hungry New Yorkers. The donation will benefit the Food
Madison International Realty Hosts First Mentoring Event
Madison International Realty continues to expand its philanthropy program, this time with corporate citizenship through meaningful activities. After a review of several organizations in the New York City area, the company has partnered with Educational Alliance to create a mentoring program for their college prep students. Educational Alliance is a 126-year-old New York institution that strives
Madison International Realty Announces Sale of Trianon, Iconic Frankfurt Office Tower
Madison International Realty, a leading real estate private equity firm, announced that it has sold the Trianon Office Tower, a Frankfurt landmark which was owned by Madison and the Morgan Stanley Eurozone Office Fund (MSEOF). NorthStar Realty Finance Corp., headquartered in New York, acquired the property for approximately €540 million. Madison acquired a stake in
Madison International Appoints Andrew Schaffler Director, Public Markets
Madison International Realty announced that Andrew Schaffler has joined the firm in the new position of Director, Public Markets. Based in Madison’s New York office, Schaffler will oversee all aspects of the firm’s public markets activities. “We are delighted to announce this exciting addition to our team. Andrew brings a wealth of knowledge, experience and
Madison International Realty and its unusual brand of real estate secondaries investing is suddenly thrust into the spotlight.
In the first quarter of 2013, a little-known real estate secondaries investor bought a small stake in the majority owner of Canary Wharf Group, Songbird Estates. That deal, as with most of those previously undertaken by New York-based Madison International Realty, went unnoticed in London. But 18 months later, in the midst of a hostile
Madison International Realty acquires stake in Monogram Residential Trust
Madison International Realty acquired 5.5% of the outstanding shares of Monogram Residential Trust, Inc. (NYSE:MORE) for a total investment of $81 million. Monogram, formerly known as Behringer Harvard Multifamily REIT I, Inc., is a real estate investment trust that invests in, develops and operates high-quality multifamily communities in 12 states. Ronald M. Dickerman, Madison’s founder and
Madison Encourages Corporate Giving
In November 2014, Madison International Realty gave its New York employees the option to donate their Friday Seamless lunch to the Food Bank for New York City. Over two weeks, Madison raised $2,205 which will provide 11,025 meals to hungry New Yorkers. This donation will benefit the Food Bank’s network of emergency food programs in the area, including