Madison Realty Capital has raised more than $1.13 billion for its value-add Madison Realty Capital Debt Fund V, according to a recent SEC filing.
Fund V, which is seeking to raise $1.75 billion, has already collected capital from 120 investors.
Madison Realty Capital pursues debt investments by originating senior secured loans, mezzanine loans and preferred equity investments for the construction, acquisition and refinancing of commercial real estate, and by acquiring nonperforming loans and preferred equity investments, according to the firm’s website.
The firm’s investor base for the debt platform currently consists of corporate and public pension funds, sovereign wealth funds, university endowments, foundations, insurance companies, fund of funds and high-net-worth individuals.
Madison Realty is seeking to capitalize on market conditions in which liquidity is limited and financing is d