Madison Realty Capital

Anyone here have an opinion of MRC (reputation in the business, good shop to work for, etc)?
Saw that they just raised $1B+ for latest debt fund, assuming these guys are in the same peer group as Mesa West etc? I am based in LA and saw that they opened a small office here last year, but looks like vast majority of their deal focus is still NY, FL, etc.

Looks like the team is fairly religious, pre-req to working for them?

 
Most Helpful
CRESEA:
. From what we gleaned in spending time with a couple of people from their head office, I would be wary.

Can you add some color to that comment? As an NYC-based CRE debt guy, my observation is that Madison has evolved from an essentially hard money shop to a leading debt provider in the alternative lending space. The number of lenders that have jumped into so-called alternative lending over the past couple years says they are on to something.

Curious to hear about the work environment and pay.

I do real estate
 

I typed out a long response but it ended up not going through. Not much to be said on a public forum. They seem to do good deals (at least in our market) with solid fundamentals while also getting out sized returns on them. I'm sure that the pay is good and the hours are definitely long.

I would be most wary of the work environment and I would leave it at that ;).

 

We know what happened to the cowboys....

I do agree that the lenders who are relatively late to the alternative space are primed for a big hit when that day comes. Many, I bet, don’t have an internal asset management team to focus on the problems when they manifest. Madison at least has been around for 15 years or so and, one would reasonably think, is better prepared than most.

I do real estate
 

Would someone classify them as a pure debt fund or a firm that does both equity and debt?  I know it states they do both but their last fund from late last year is a debt vehicle.

Would doing something like this limit you into to working only at a debt fund in the future or does it help since they are a special sits sort of firm if they are truly loan to own?

 

https://www.madisonrealtycapital.com/platform/real-estate-private-equit…; - Those are some equity deals highlighted.  I don't know the actual definition of a mortgage banker but the firm that we use lends other peoples money.  Does the fact that they loan their own money and raise substantial funds to do so make them not a bunch of mortgage bankers?  I am honestly curious.

 

Provident porro beatae vel consequatur velit sit dolore. Consectetur accusamus voluptatum cumque quasi. Et hic earum corporis qui non. Magni ut officiis et dolorum nam nulla deserunt. Fugit sed omnis deleniti explicabo qui aut ullam doloribus. Eligendi eum rerum animi repudiandae ut distinctio molestiae qui.

Autem est quis sint ex. Aut dolores est odio vel totam aliquam dolor enim. Vel et magnam nisi iste.

Voluptatum laborum iure ut. Sed omnis debitis autem. Alias ad quidem voluptatibus.

Career Advancement Opportunities

March 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. (++) 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

March 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

March 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

March 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (202) $159
  • Intern/Summer Analyst (144) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
kanon's picture
kanon
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
DrApeman's picture
DrApeman
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”