Madison Realty Capital
(Silverstone Property Group)
Owner, Lender, Developer
Private Equity
520 Madison Ave Suite 3501New York, NY 10022
People:
Madison Realty Capital NYC portfolio
$1.5 billion -elevator 59%, walkup 15%, development 8%; Manhattan 53%, Brooklyn 26%, Queens 20%*
148th largest portfolio by dollar value
2,642,128 sqft – elevator 68%, walkup 11%, condo 10%; Queens 42%, Manhattan 30%, Brooklyn 26%
178th largest by SF
62 properties – Manhattan 55%, Brooklyn 32%, Queens 12%
139th largest
2,973 residential units – Manhattan 34%, Brooklyn 34%, Queens 30%
102th largest by residential units
41 foreclosures, 4 bankruptcies, 7 other court cases.
Notes
Madison Realty Capital is an institutionally backed real estate private equity firm focused on real estate equity and debt investments. Prior to 2014 it owned equity stakes in assets through the wholly owned brand Silverstone Property Group.
Company Activity past 24 months:
Buyer company: 3 for $100.6 million
Seller company: 14 for $289.5 million
Borrower company: 10 for $567.2 million
Lender company: 14 for $2.7 billion
Top Ten Associated Companies:
ConnectOne Bank (4), Signature Bank (4), Apollo Global Management (2), Community Preservation Corporation (2), G4 Capital Partners (2), FTLP LLC (2), Maxim Capital Group (2), RWN Management (2), Khaloyan Kapital (1), Phi 1.618, Inc. (1)
Top Ten Associated People:
Jeffrey Horowitz (2), Robert Riggs (2), Jason Behfarin (2), Adam Peldman (2), Edward J. Bullard Jr. (1), Efrem J. Kamen (1), Dmitriy Ishimbayev (1), Christopher Harris (1), Mrinal Dansingani (1), Eli Stoll (1)
Recent activity as company:
• New Empire Corp. borrowed $52.2 million from Madison Realty Capital for 23 Lenox Road on June 18, 2026.
• Yellowstone Real Estate Investments borrowed $384 million from Madison Realty Capital for 1750 Broadway on June 16, 2026.
• Madison Realty Capital borrowed $104.8 million from Community Preservation Corporation and Related Companies for 62-60 99 Street on June 11, 2026.
• Charney Companies borrowed $81.8 million from Madison Realty Capital for 97 Rockwell Place on June 05, 2026.
• Madison Realty Capital sold 350 Hicks Street for $33.2 million to Sunlight Development on February 18, 2026.
• Joyland Management borrowed $30 million from Levon Capital for 155 Broadway on January 21, 2026.
• Madison Realty Capital sold 155 Broadway for $30 million to Joyland Management on January 21, 2026.
• RJ Capital Holdings borrowed $90 million from Madison Realty Capital for 113-16 70 Road on December 19, 2025.
• Ian Schrager and Witkoff Group borrowed $173.2 million from JPMorgan Chase for 215 Chrystie Street, Lower East Side, Manhattan on December 17, 2025.
• Madison Realty Capital borrowed $179.2 million from TPG Angelo Gordon for 24 Clay Street on November 25, 2025.
Latest Stories:
• Delshah Capital pays $127.8M for 3 buildings, 140 units in Williamsburg (July 01, 2026)
• Madison Realty Capital signs $104.8M refi for 419-unit rental in Rego Park (June 23, 2026)
• David Tabak, Borough Developers sign $23.5M loan for 99-unit Williamsburg project (June 10, 2026)
• Sunlight Development pays $33.2M to Madison Realty for dev site in Cobble Hill (March 06, 2026)
Court Records:
Properties:
