Debt – Abco Capital Partners

Debt Programs

Madison Realty Capital pursues debt investments by originating senior secured loans, mezzanine loans and preferred equity investments for the construction, acquisition, and refinancing of commercial real estate, and by acquiring non-performing loans and preferred equity investments. As a lender, Madison is a valued partner to both institutional sponsors and leading independent developers, known for speed, flexibility, and certainty of execution in complex situations.

The firm’s investor base for the debt platform currently consists of corporate and public pension funds, sovereign wealth funds, university endowments, foundations, insurance companies, fund of funds and high-net-worth individuals.

Los Angeles Portfolio

Originated a $345MM first mortgage loan collateralized by three mixed-use development sites and three residential buildings in the Santa Monica and Brentwood neighborhoods of Los Angeles, CA

241 West 28th Street New York, NY

Originated a $173MM first mortgage loan for the construction of a 479 unit luxury multifamily development in the Chelsea neighborhood of Manhattan, NY

241 West 28th Street New York, NY

Originated a $173MM first mortgage loan for the construction of a 479 unit luxury multifamily development in the Chelsea neighborhood of Manhattan, NY

Miami River Miami, FL

Originated a $310 million loan for the first two phases of development of a 6.2-acre mixed-use site that will be developed in five phases spanning 2.5 city blocks and deliver 1,928 multifamily units in Downtown Miami, FL

300 West 122nd Street New York, NY

Originated a $160MM upsized loan for the completion and sellout of a luxury mixed-use condominium in the West Harlem neighborhood of Manhattan, NY

300 West 122nd Street New York, NY

Originated a $160MM upsized loan for the completion and sellout of a luxury mixed-use condominium in the West Harlem neighborhood of Manhattan, NY

Gainesville, FL Multi Family Construction Loan: $36,000,000

We were lucky enough to have had the honor to contract with an extremely knowledgeable local sponsor who was able to utilize this leverage in place of his normal LP equity investors.

Leverage: 85% Loan To Cost
Lien position: 1st Lien Debt

Location: Gainesville, FL
Term: 24 Months

Bridge-to-perm loan, portfolio-financed by Abco. Locations: WI and MI. $28,995,000

Abco Capital Partners through an affiliate entity is proud to announce the portfolio funding of a construction-to-perm USDA-backed loan for the acquisition and rehabilitation of two hotels in Wisconsin and Michigan.

Leverage: 75% Loan To Cost
Lien position: 1st Lien Debt

Location: WI & MI
Term: 300 Months

Southern California, Industrial Lots, Acquisition: $8,204,098

A commercial finance broker introduced Abco to a borrower well matched with one of our bridge loan programs; portfolio funded by ACP.

Leverage: 55% LTV
Lien position: 1st Lien Debt

Location: Southern CA
Term: 12 Months with extensions

Senior

Loan Amount

$1 Million to $200+ Million

Loan-To-Value

Up to 75% of stabilized value

Loan-To-Cost

Up to 85%

Interest Rate

Rates Starting at SOFR + 300 bps

Origination Fee

Market, Contact us

Geographic Focus

Nationwide

Loan Types

1st Mortgages

Term

12 months - 30 years

prepayment penalty

case-by-case

Recourse

Non-Recourse with "Bad Boy" Carve-Outs Available

Asset Classes

Multifamily • Mixed-Use • Development • Hotel • Retail • Office • Industrial • Self-Storage • Single Tenant NNN • Senior Care / Medical • Condo Packages Refi • Life Sciences • Land

Closing Time

As little as 7 days, typically 30-45 days

C-PaCe + Abco senior

Loan Amount

$1 Million to $200+ Million

Loan-To-Value

Up to 85% (C-Pace + Senior Loans)

Loan-To-Cost

Up to 85% (C-Pace + Senior)

Interest Rate

Market, Contact us

Origination Fee

Market, Contact Us

Geographic Focus

National

Loan Types

C-Pace

Term

Coterminous with 1st position loan

Yield Maintenance

N/A

Recourse

Non-Recourse with "Bad Boy" Carve-Outs Available

Asset Classes

Multifamily • Mixed-Use • Retail • Office • Industrial • Self-Storage • Single Tenant NNN Property • Development Sites • Other

Closing Time

Typically, 60-90 Days

Mezzanine

Loan Amount

$2 Million to $50+ Million

Loan-To-Value

Up to 90% (including Senior Loans)

Loan-To-Cost

Up to 90% (including Senior Loans)

Interest Rate

Market, Contact Us

Origination Fee

Market, Contact Us

Geographic Focus

Nationwide

Loan Types

2nd Mortgages

Term

Up to 24 Months with Extension Options

Prepayment

Up to 12 months

Recourse

Case-by-Case

Asset Classes

Multifamily • Mixed-Use • Retail • Office • Industrial • Self-Storage • Single Tenant NNN Property • Development Sites • Other

Closing Time

Typically, 2-4 Weeks

partner agency financing

Loan Amount

$1 Million to $75+ Million

Loan-To-Value

Up to 90% (contact us for more details)

Loan-To-Cost

Up to 90% (contact us for more details)

Interest Rate

Market, Contact Us

Origination Fee

Market, Contact Us

Geographic Focus

Nationwide

Loan Types

Senior Loans

Term

Up to 360 Months

Yield Maintenance

case-by-case

Recourse

case-by-case

Asset Classes

Multifamily • Mixed-Use • Retail • Office • Industrial • Self-Storage • Single Tenant NNN Property • Development Site • Other

Closing Time

Typically, 60-90 days

Construction and Development

Loan Amount

$2 Million to $200+ Million

Loan-To-Value

Up to 75% of stabilized value

Loan-To-Cost

Up to 85%

Interest Rate

Market, contact us

Origination Fee

Market, contact us

Geographic Focus

Nationwide

Loan Types

1st Mortgages

Term

Up to 36 Months with Extension Options

Yield Maintenance

case-by-case

Recourse

case-by-case

Asset Classes

Multifamily • 1-4 Family Investment Properties • Mixed-Use • Retail • Office • Industrial • Self-Storage • Single Tenant NNN Property • Development Sites • Other

Closing Time

Typically, 2-4 Weeks

Bridge Loans

Loan Amount

$2 Million to $200+ Million

Loan-To-Value

Up to 75% of stabilized value

Loan-To-Cost

Up to 85%

Interest Rate

Market, Contact Us

Origination Fee

Market, Contact Us

Geographic Focus

Nationwide

Loan Types

1st Mortgages

Term

Up to 24 Months with Extension Options

Yield Maintenance

case-by-case

Recourse

case-by-case

Asset Classes

Multifamily • Mixed-Use • Retail • Office • Industrial • Self-Storage • Single Tenant NNN Property • Development Sites • Other

Closing Time

Typically, 2-4 Weeks

Debt Programs

Los Angeles Portfolio

241 West 28th Street New York, NY

241 West 28th Street New York, NY

Miami River Miami, FL

300 West 122nd Street New York, NY

300 West 122nd Street New York, NY

Gainesville, FL Multi Family Construction Loan: $36,000,000

Bridge-to-perm loan, portfolio-financed by Abco. Locations: WI and MI. $28,995,000

Southern California, Industrial Lots, Acquisition: $8,204,098

Senior

Loan Amount

$1 Million to $200+ Million

Loan-To-Value

Up to 75% of stabilized value

Loan-To-Cost

Up to 85%

Interest Rate

Rates Starting at SOFR + 300 bps

Origination Fee

Market, Contact us

Geographic Focus

Nationwide

Loan Types

1st Mortgages

Term

12 months - 30 years

prepayment penalty

case-by-case

Recourse

Non-Recourse with "Bad Boy" Carve-Outs Available

Asset Classes

Multifamily • Mixed-Use • Development • Hotel • Retail • Office • Industrial • Self-Storage • Single Tenant NNN • Senior Care / Medical • Condo Packages Refi • Life Sciences • Land

Closing Time

As little as 7 days, typically 30-45 days

C-PaCe + Abco senior

Loan Amount

$1 Million to $200+ Million

Loan-To-Value

Up to 85% (C-Pace + Senior Loans)

Loan-To-Cost

Up to 85% (C-Pace + Senior)

Interest Rate

Market, Contact us

Origination Fee

Market, Contact Us

Geographic Focus

National

Loan Types

C-Pace

Term

Coterminous with 1st position loan

Yield Maintenance

N/A

Recourse

Non-Recourse with "Bad Boy" Carve-Outs Available

Asset Classes

Multifamily • Mixed-Use • Retail • Office • Industrial • Self-Storage • Single Tenant NNN Property • Development Sites • Other

Closing Time

Typically, 60-90 Days

Mezzanine

Loan Amount

$2 Million to $50+ Million

Loan-To-Value

Up to 90% (including Senior Loans)

Loan-To-Cost

Up to 90% (including Senior Loans)​

Interest Rate

Market, Contact Us

Origination Fee

Market, Contact Us

Geographic Focus

Nationwide

Loan Types

2nd Mortgages

Term

Up to 24 Months with Extension Options

Prepayment

Up to 12 months

Recourse

Up to 90% (including Senior Loans)