Global Fund Raiser Ron Dickerman Evaluates Real Estate Investment Landscape
Ron Dickerman, president & founder of Madison International Realty, speaks with CPE editorial director Suzann Silverman about where real estate investment dollars are coming from and where they are being invested today. Read Article: June 2014 – Commercial Property Executive
Madison Announces Final Close Of Fund V At $825 Million
Madison International Realty announced the final closing of its latest fund, Madison International Real Estate Liquidity Fund V, LP (Madison V), with $825 million of equity commitments from a global roster of institutional investors. The final closing of Madison V exceeded its $750 million target, according to Ronald M. Dickerman, Madison’s Founder and President. “We are very pleased with the robust
Families Going Straight to Asset Owners to Find Buyers
Wealthy families looking to sell iconic buildings are knocking on the doors of institutional investors, taking advantage of institutions growing interest in investing directly in real estate. Real estate-owning families are looking to institutional investors – particularly sovereign wealth funds an pension funds – as buyers of their properties. It’s a win for investors that
Madison Invests in 510 Sixth Avenue
Private equity investor Madison International Realty agreed to acquire a 49.5 percent, non-controlling interest in a 55,565-square-foot retial condominium at 510 Sixth Avenue, valued at just under $68 million, from seller Ark Partners. Loacted between 13th and 14th Streets, the midrise apartment building with streetfront retail borders the West Village and Chelsea and is close
Madison Promotes Alex Lukesch to Director of Its London Office
New York-based Madison International Realty has announced the appointment of Alex Lukesch as the new head of its London office. Lukesch, who previously sewed as a vice president on the firm’s investment team in New York, is replacing former Lehman Brothers real estate executive Sean Kelly-Rand, who ran Madison‘: London branch from its opening in
Madison International Realty and Norway’s Søylen Eiendom Form Joint Venture to Own Nine Properties in Oslo’s Premier Shopping District
US investor Madison International Realty and Norway’s Søylen Eiendom have formed a joint venture to own nine properties in Oslo’s premier shopping district. The properties, valued at NOK 3 bn (€370 mln), are all on and or around Karl Johan, the main street in the Norwegian capital. Under the terms of the transaction, New York-based
Madison International Realty Acquires a 26% Stake in Prime California Portfolio
Madison buys stake in DB Fund New York-based Madison International Realty has acquired a 26% stake in property fund DB Immobilienfonds 13 California, managed by Deutsche Asset & Wealth Management, a subsidiary of Deutsche Bank. Madison has taken over the shares of a few hundred investors and the acquired stake has a nominal value of
Madison Buys 49% Stake in One California Plaza
New York-based Madison International Realty, a real estate multi-manager and part owner of the Chrysler Building, has acquired a 49 percent ownership interest in a Los Angeles office tower for $295 million. The seller, an affiliate of Boston-based Beacon Capital Partners, holds the remaining majority interest and will continue to manage the property. One California
Q&A with Ronald Dickerman
How did you get your start in the business? Ronald Dickerman: I’m originally from Boston. and my father was in real estate, focused on old-fashioned value creation—buying fixer-uppers, putting in the work and financing against the equity buildup My family’s company owned a portfolio of apartment buildings and shopping centers in the Boston area Growing
Madison International Foresees Steady Investment Pace
Madison International Realty, a New York-based investment company that focuses on acquiring partial interests and capital partner substitutions, is expecting a steady stream of opportunities in 2013. In today’s market, valuations seem to have recovered but rental rates have not yet reached the high watermark of 2006 and 2007 due to a stagnating economy, according