NEW YORK CITY—Madison International Realty has promotedChristopher Mendez and Evan Cohen to director from VP, assumingjoint responsibility for Madison's investment sourcing and businessdevelopment activities in the US., in addition to their existingroles in investment underwriting and execution.

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Mendez joined Madison as an associate in 2009 and was named VP2011. Cohen joined Madison as an analyst in 2007 and wasappointed VP in 2013. Both have been involved for some timein all aspects of transaction sourcing, underwriting and executionin Madison's target U.S. investment markets, says Ronald Dickerman,Madison founder and president.

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“I am delighted to formally recognize two highly talentedexecutives who have shown unusual proficiency in moving ourinvestment business forward while maintaining the key elements ofMadison's class A direct secondary strategy, which focuses onreplacing capital partners seeking exit strategies and providingjoint venture equity to sponsors,” he says.

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Before joining Madison, Mendez worked for Morgan Stanley RealEstate, where he was engaged in both investment banking andinvesting transactions. He also served with IBM BusinessConsulting Services, formerly PricewaterhouseCoopers, where hespecialized in financial and risk modeling for federal governmentagencies, including the Federal Housing Administration and theUnited States Postal Service.

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Prior to Madison, Cohen was an analyst with Metropolitan RealEstate Investors, where he was responsible for the underwritinganalysis, due diligence and assistance in structuring of over $700million of office acquisitions in Midtown. Previously, atRockrose Development Corp., he worked on the acquisition anddisposition of over $860 million of office buildings in New YorkCity and Washington, DC.

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Madison International Realty specializes in acquiring partialownership and joint venture interests in class A properties andportfolios in primary markets in the US, UK and WesternEurope. The firm also provides joint venture equity to owners,sponsors and investors who are seeking to monetize existing equitypositions, restructure balance sheets, or to replace existingcapital partners.

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Madison recently announced the final closing of its latest fund,Madison International Real Estate Liquidity Fund V, LP (Madison V)with $825 million of equity commitments from a global roster ofinternational investors, exceeding its $750 milliontarget. Madison V has already deployed approximately 40% ofits capital commitments, about $340 million, in prime assetsincluding One California Plaza in Los Angeles, the Saks FifthAvenue retail store in San Francisco, Songbird Estates Plc, whichcontrols London's Canary Wharf, and the Statoil Office Complex inOslo, Norway.

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Rayna Katz

Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.