Strategic Partnership to Originate and Purchase Hospitality Loans Across All Major US Markets as Madison Newbond
NEW YORK, Nov 9 (Bernama-GLOBE NEWSWIRE) — Madison Realty Capital, a vertically integrated real estate private equity firm focused on debt and equity investment strategies, and Newbond Holdings (Newbond), a vertically integrated real estate investment and operating platform founded by Neil Luthra and Vann Avedisian, today announced the launch of Madison Newbond, an institutional lending platform that will provide first mortgages, mezzanine loans and preferred equity to hotel owners and developers nationwide. The partnership launched with approximately $500 million of initial lending capacity and will add scale in line with the opportunity.
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