MRC COMPLETES $145.5M CLOSING ON MRC DEBT FUND III LP

by admin

NEW YORK CITY — Madison Realty Capital (MRC) has completed the first closing for Madison Realty Capital Fund III LP. The discretionary private equity fund raised a total of $145.4 million of capital commitments from a diverse group of investors, including public pension funds, corporate pension funds, university endowments, family offices and wealth managers. Launched in 2004, MRC Fund III is targeting $600 million in investor commitments and will originate and acquire commercial mortgage loans, mezzanine loans and preferred equity interests in real property.

You may also like