# Madison Realty Capital: portfolio, investments and team

> Madison Realty Capital is a private credit based in United States. 1 investment on record, latest Oct 2018. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/madison-realty-capital (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Madison Realty Capital

Filed with the SEC to raise a fund in Apr 2026, closing $464M. Last cheque observed Oct 2018.

Quiet New fund $464M, Apr 2026 Private credit

Real Estate

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 1 on record

Since the last cheque **2940** days **00** hrs **00** min **00** sec

Median round **$258M** Rounds led **0 of 1** Sole investor **1 rounds**

Pitch Madison Realty Capital

## Madison Realty Capital highlights

- 01 1 rounds on record
- 02 Sole investor in 1 rounds, median $258M

## What they do

> Madison Realty Capital (MRC) is one of the top real estate private equity firms and debt funds based in Manhattan, New York. From their own website

- **Type:** Private credit
- **Cheque size:** Not stated
- **Sectors:** Real Estate
- **Based in:** New York, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **1 appearances**

- **2018** 1 round
- **Oct** **[Accurate Builders & Developers](https://millionrounds.com/company/accurate-builders-and-developers)** US · Njbiz **$258M** Sole investor

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **8 named**

AJ **Adam Jeffrey Tantleff** Executive Officer, Director i Filing they signed

BS **Brad Stuart Harris** Chief Compliance Officer and Deputy General Counsel i Form ADV

BJ **Brian Jacob Shatz** Managing Principal of Madison Realty Capital Debt Fund III GP LLC, the General Partner i Filing they signed

BS **Brian Schatz** Executive Officer, Director i Filing they signed

DS **David Scott Speiser** Chief Legal Officer (Equivalent) i Form ADV

DR **Donald R. McLamb, Jr.** Director i Filing they signed

JB **Joshua Benjamin Zegen** Managing Principal of Madison Realty Capital Debt Fund III GP LLC, the General Partner i Filing they signed

UH **Urian Heinrik Yap** Chief Financial Officer i Form ADV

We also hold **26** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$5.6B** assets it manages Oct 2026

**Registered** investment adviser full reporting to the SEC

- **Legal name:** Sullivan Realty Capital, LLC
- **SEC number:** CRD 158988

New fund on file

**$464M**

raised in Apr 2026

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Median round joined **$258M** the round, not its cheque Alone, median **$258M**

Led 0 of 1 rounds **0%**

- **Sole investor:** 1 rounds
- **Last cheque:** Oct 2018

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## Quick answers about Madison Realty Capital

### What does Madison Realty Capital invest in?

Madison Realty Capital says it invests in Real Estate.

### How active is Madison Realty Capital?

1 investments on record, 0 of them in the last 12 months. The most recent was in Oct 2018.

### What has Madison Realty Capital invested in recently?

Its most recent investments on record: Accurate Builders & Developers (Undisclosed round, Oct 2018).

### How big are Madison Realty Capital's cheques?

The median round it joins is $258M.

### Is Madison Realty Capital investing now?

No investments in the last 12 months; the latest was in Oct 2018.

### What kind of investor is Madison Realty Capital?

Madison Realty Capital is a private credit firm based in New York, United States.

### How much does Madison Realty Capital manage?

About $5.6B, as regulatory assets under management (Oct 2026).

### Has Madison Realty Capital raised a new fund?

Its latest fund filing with the SEC was in Apr 2026, reporting $464M raised.

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