Madison In The News

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

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

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

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 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

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

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 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

As we prep for 2013, the watchword remains “caution,” even as the economy (and therefore commercial real estate) travels its sluggish path to recovery. This year’s Emerging Trends, the annual opus of ULI and PwC, said it best: “As investors tentatively advance further along the risk spectrum in 2013 chasing yield, they suffer queasiness about

Germany is a favourite market for opportunistic investors, which have set aside a defined pool of capital for investments in distressed property there. As Phillip Burs, chief executive of Corestate Capital, says: “When it comes to a stressed or distressed deal, you want that to be in a stable, robust economy and Germany is one