Madison Realty Capital Originates $102 Million Loan for Luxury Mixed-Use Development in Philadelphia
NEW YORK, May 26, 2022 (GLOBE NEWSWIRE) -- Madison Realty Capital, a vertically integrated real estate private equity firm focused on debt and equity investment strategies, today announced that it has originated a $102 million loan for the acquisition and construction of a 479,500 square foot mixed-use development located at 650 Fairmount Avenue in Fairmount, a fast-growing community within the Northern Liberties neighborhood of Philadelphia, Pennsylvania.