Charlotte, NC (March 21, 2024) — Madison 1031 Exchange, LLC, a Delaware Statutory Trust sponsor and an affiliate of Madison Capital Group, LLC, has launched Madison Ridge DST, a Regulation D, Rule 506(c) offering for accredited investors.
Completed in 2023, Madison Ridge is a premier Class A multifamily asset located in the Charlotte Metropolitan Area. The property boasts 240 units, featuring spacious 1-, 2-, and 3-bedroom floorplans and various community amenities. Madison Communities, a subsidiary of Madison Capital Group, manages the asset.
“We continue to like the demographic trends in Charlotte and throughout the Carolinas. We remain very active in our backyard of Charlotte with over $350 million of assets in the Charlotte region across all our different verticals,” said Ryan Hanks, CEO of Madison Capital Group. “The population and employment growth have been impressive. Madison Ridge is located near several large employment nodes, notably Ft Mill and Ballantyne, giving residents easy access to some of Charlotte’s largest job centers.”
Continuing the tradition of excellence upheld by Madison 1031 Exchange offerings, Madison Ridge is presented free and clear of any debt burden.
For more information on Madison Ridge DST, visit Madison1031exchange.com
About Madison Capital Group
Madison Capital Group, headquartered in Charlotte, N.C., specializes in real estate investments, primarily focusing on the self-storage and multifamily sectors. The company is the parent entity of Go Store It Partners, a non-traded direct investment sponsor emphasizing self-storage, and Madison Communities, a vertically integrated real estate development and investment firm dedicated to crafting high-quality, suburban, garden-style apartment communities throughout the Southeast.
Media contact:
Thornton Kennedy
thornton@prsouth.net
C | 404 210 0363