Madison International Realty has furthered its strategy of investing in high-growth real estate operating platforms with the acquisition of a 24.5 percent stake in Puma Property Finance, a specialist lender to the U.K. real estate development market. Alongside the investment, Madison has also provided a significant cornerstone commitment to underpin the launch of Puma’s new institutional credit fund series.
The investment was undertaken to pursue Madison’s strategy of providing strategic growth capital to vertically integrated middle-market real estate operating platforms in the United States, United Kingdom and Europe, seeking to accelerate their growth and investment programs. This acquisition follows Madison’s $150 million commitment to REI Nation, a Memphis-based vertically integrated single family rental investor.
As a strategic capital partner, Madison’s anchor investment into Puma’s new institutional discretionary fund will enable Puma to build a seed
