Madison Capital Group Expands into Texas
Madison Capital Group Holdings, LLC (“Madison”) is pleased to announce their expansion into Texas. After successfully growing the multifamily development platform in the Southeast, Madison recently appointed Peter A. Petricca as Executive Managing Director of Development to lead their development operations in Texas and other southwestern markets. Peter will be headquartered in Dallas.
“We are excited to have Peter join our organization and believe Texas and the southwestern region will provide excellent investment opportunities both now and in the future. Peter brings over three decades of development and construction experience along with a track record of success in building and growing development platforms in various markets throughout the country,” said Ryan Hanks, founder and CEO of Madison Capital Group.
“I am very happy to join Madison Capital Group and look forward to helping expand their footprint into the southwest. Ryan has done an incredible job growing the organization and building a best-in-class team. Having developed in Texas and the southwest region for the past twenty-one years, I believe Madison’s focus on suburban locations is a tactical and wise strategy. With the high cost of housing today, a moderately priced and well executed living option is in high demand. I am very excited about the opportunity and look forward to firmly planting the Madison flag here in the Lone Star State”, commented Peter.
Prior to joining Madison Capital, Peter held executive positions with some of the nation’s leading multifamily development organizations including Trammell Crow Residential, Greystar Real Estate Partners, and Crescent Communities. He has developed over 9,100 units spanning all product types including garden style, wrap, podium, mid-rise, high-rise, and mixed-use. He began his career working in commercial construction for an ENR top-100 general contractor. Peter holds an MBA in real estate and finance from The Wharton School at the University of Pennsylvania and a BS cum laude in Civil Engineering from Northeastern University.
About Madison Capital Group
Madison Capital Group Holdings, LLC is based in Charlotte, NC and focuses on the acquisition, development and management of suburban, garden-style multifamily communities in the Southeast and Southwest, self-storage facilities on a national scale as well as Boat and RV storage acquisition and development opportunities throughout the Southeast.