Thursday, October 13, 2011

PAST INTERNSHIP: MADISON REALITY CAPITAL

A CMCL MAJOR HELD THIS INTERNSHIP IN THE PAST. THIS IS NOT A CURRENT INTERNSHIP OPPORTUNITY! TO SEE IF THIS COMPANY/ORGANIZATION IS CURRENTLY LOOKING FOR INTERNS, YOU SHOULD CONTACT THE COMPANY/ORGANIZATION DIRECTLY.

Area of Internship: Public Relations/ Banking
Date of Internship: June 18-Aug 12 2011
Location of Internship: New York, NY

Brief Description of Company/Organization: Madison Realty Capital ("MRC") is a private commercial real estate lender whose primary goal is to meet the borrower's need for short-term bridge financing with efficiency and flexibility. Madison Realty Capital provides commercial real estate financing for borrowers in unique and time-sensitive situations anywhere in the United States. Our customized loans will fit almost any borrower's needs that traditional banks do not offer. Since 2006 we have funded over $400m in loans, consisting of over 125 transactions ranging in size from $500,000 to $20,000,000.

Brief Description of Responsibilities: As an intern, I worked for one of the top loan officers at Madison Realty Capital. The first week or so, I listened in on phone conversations where deals were being put together for loans to get an idea of what it sounds like to sell to a borrower or broker. But I also had to learn about the company's lending guidelines and parameters. Also, I looked up properties to see where and how they were located in certain regions all over the country. (ie. growing neighborhoods/cities, average income in area ,value of land in area. etc)

Contact Information:
Address: Madison Realty Capital
825 Third Ave, 37th Floor
New York, NY 10022
Phone: 646-452-4000