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%*
141th largest portfolio by dollar value
2,642,128 sqft – elevator 68%, walkup 11%, condo 10%; Queens 42%, Manhattan 30%, Brooklyn 26%
174th largest by SF
62 properties – Manhattan 55%, Brooklyn 32%, Queens 12%
132th largest
2,841 residential units – Brooklyn 36%, Manhattan 31%, Queens 31%
96th 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: 9 for $462.4 million
Lender company: 12 for $2.2 billion
Top Ten Associated Companies:
ConnectOne Bank (4), Signature Bank (4), G4 Capital Partners (2), Apollo Global Management (2), Maxim Capital Group (2), FTLP LLC (2), RWN Management (2), Madison Realty Capital (1), Yitzchok Kohn (1), BSE Global (1)
Top Ten Associated People:
Jason Behfarin (2), Jeffrey Horowitz (2), Adam Peldman (2), Aaron Kohn (1), Jeffrey Gewirtz (1), Tina Isselbacher (1), Nina Kubota (1), Sundip Kalley (1), Isaac Abraham (1), Edward J. Bullard Jr. (1)
Recent activity as company:
• Madison Realty Capital sold 350 Hicks Street for $33.2 million to Sunlight Development on February 18, 2026.
• Madison Realty Capital sold 155 Broadway for $30 million to Joyland Management on January 21, 2026.
• Joyland Management borrowed $30 million from Levon Capital for 155 Broadway 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.
• Madison Realty Capital sold 41-80 Main Street for $64.2 million to United Construction & Development Group on November 18, 2025.
• Hawkins Way Capital and Varde Partners borrowed $166.5 million from Goldman Sachs and Wells Fargo for 525 Lexington Avenue, 525 Lexington Avenue, 525 Lexington Avenue, 525 Lexington Avenue, 525 Lexington Avenue, and others, Midtown East, Manhattan on November 14, 2025.
• Madison Realty Capital sold 392 Clinton Avenue for $4.7 million to Arthur Gabriel on October 10, 2025.
• Madison Realty Capital borrowed $25.2 million from Northeast Bank for 2902 Albemarle Road on October 06, 2025.
Latest Stories:
• Sunlight Development pays $33.2M to Madison Realty for dev site in Cobble Hill (March 06, 2026)
• Joseph Brunner signs $52M refi with PGIM for 55-unit rental in Williamsburg (November 12, 2025)
Court Records:
Properties: