Madison International

Madison International Realty (MIR) is a globally-oriented real estate private-equity and liquidity solutions firm, founded in 2002 and headquartered in New York City, with additional offices across Europe and Asia. The firm serves as a capital partner, acquiring stakes or injecting equity into real-estate properties, portfolios, and operating platforms worldwide — spanning commercial real estate (office, retail, industrial), multifamily, and mixed-asset portfolios. By acting as a liquidity provider, MIR often steps in where traditional fund-based investments and equity partners seek exits or recapitalizations.

MIR’s business model centers around offering flexible, bespoke real-estate capital solutions rather than typical ground-up development or public REIT structures. Its services include equity monetization (unlocking embedded value in properties), partner-replacement financing, recapitalizations, secondary purchases of LP/joint-venture interests, and growth-equity capital for real-estate operating platforms. Since inception, the firm claims to have raised over US$ 8 billion in capital commitments globally, making it a significant player in the secondary real-estate market and institutional liquidity space.

With a senior leadership team boasting decades of combined real-estate, finance, and investment banking experience — led by Ronald M. Dickerman — MIR brings global reach and institutional-grade execution capabilities. Its global footprint (with offices in New York, Los Angeles, London, Frankfurt, Luxembourg, Amsterdam, Singapore, Seoul, among others) allows it to operate cross-border, offering liquidity and capital to a broad set of real-estate investors worldwide. While MIR does not publicly disclose standard IRR or annual returns, its portfolio strategy — focused on existing, income-producing properties and structured equity investments