News

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…

Madison Communities, an affiliate of Madison Capital Group, has recently acquired a 15-acre apartment and commercial site in Cary, NC an affluent suburban of Raleigh. Located in the Crossroads area, the community will be called Madison Cary and construction will begin later this year. The project will feature a “big house” design with direct access…

Madison Capital Group, LLC has purchased approximately 19 acres in St. Johns County Submarket. The Charlotte-based multifamily company will seek to develop up to 230 units. Amenities will include a two-story clubhouse, fitness facility, swimming pool and clubroom. Construction on the project could commence in late 2022. This will be Madison’s second apartment development in…

Madison Capital Group, LLC has recently purchased a vacant Sears boxes located at The Asheville Mall in Asheville, NC.  Madison has been purchasing empty retail boxes for a variety of uses over the past 3 years.  Other recent acquisitions include Sears boxes located at the Boise Town Square in Boise, ID, and the Oglethorpe Mall…

Madison Capital Group, LLC (“MCG”) is pleased to announce the closing of a two property self-storage acquisition in McKinney, TX in the Dallas-Fort Worth MSA. The transaction adds 172,149 rentable square feet to the existing Go Store It (“GSI”) portfolio and will increase scale in an existing target market. These will be the 5th and…

BlueGate Boat & RV Storage has recently acquired The Boat Rack a Class A parking facility located in Nashville, TN. The Boat Rack features 234 units and 108,000 net rentable square feet. The facility is on 8.5 acres and was built in 2012. “This acquisition presents a unique opportunity for BlueGate as we start to…

Madison Capital Group, LLC is pleased to announce the creation of a new affiliate called BlueGate Boat and RV Storage. BlueGate will focus on the growing need for quality storage options for boats and RVs. Currently BlueGate has more than 10 deals in the current pipeline in markets such as Nashville, Charlotte, Central and Coastal…

Madison Capital Group, LLC, a Charlotte based real estate development firm, has recently sold two of its recent multi family development projects, Tryon Farms, a 240-unit community located in Charlotte and Burton Hills, a 232-unit community located in Asheville. Both projects were completed in 2021. “Our strategy is to develop high quality garden style, suburban…

Madison Capital Group, LLC has purchased approximately 14 acres in the Ruskin Submarket in the Tampa MSA. Madison is very bullish given the growth occurring in South Hillsborough and the I-75 Corridor. Madison is also planning a development project in Passco County. The Charlotte-based multifamily company will develop a 317-unit apartment complex called Madison at…

Madison Capital Group, LLC has purchased approximately 5 acres in the Ashley Park neighborhood in West Charlotte. Madison is very bullish on this location within Charlotte given the new restaurants and amenities throughout the neighborhood. The Charlotte-based multifamily company will develop a 250-unit apartment complex called Madison at Ashley Park. The project will feature a…