Bio
Richard Wagman is a Managing Partner and Founder of Madison. He is responsible for overseeing all functions within Madison with a particular emphasis on the transaction sourcing, acquisitions and capital markets activities for all commercial properties in the U.S. He is also responsible for identifying and securing institutional joint venture partners for Madison. Richard has overseen the acquisition of in excess of $2 billion of retail, residential and office properties in New York City and along the east coast of the United States.
In 1994 he found Principal Property Group LLC, a New York real estate investment company (“Principal”) that acquired close to 1 million square feet of commercial and industrial properties in the U.S. and Canada and sold the majority of the assets to a publicly traded REIT. Prior to Principal, Richard was an acquisition associate with Lend Lease International involved in advising public and private pension funds in real estate investments in the US and Europe. Richard worked in the New York, London and Paris offices for Lend Lease.
Richard is from Montreal, Canada and resides in Manhattan. He is actively involved in the Steering Committee for the Real Estate Division of UJA, is a board member of SparkYouth NYC, a non-profit supporting youth organizations in NY and is a member of the Urban Land Institute’s Urban Mixed-Use Development Council.
Richard graduated from the Wharton School of Finance and Commerce of the University of Pennsylvania with a dual concentration in Real Estate and Finance.
Areas of Interest
- Deal Type
- Acquisition, Development, Ground Lease, Loan Purchase, Opportunity Zone, Partner Buyout, Pre-Development, Recapitalization, Refinance, Rehabilitation
- AUM
- Max LTV
- Capital Stack
