Cottonwood Group Acquires Madison Realty Capital Senior Mortgage And Mezzanine On 262 Fifth Avenue

Asset: Note / Loan on 262 5th Avenue, NoMad, Manhattan. Loan amount: $110,000,000 for the purchase of senior mortgage and senior mezzanine positions.

Summary of transation details:

• Property Type: Note / Loan
• Transaction Amount: $110,000,000
• Date: 7/1/2025
• Address: 262 5th Avenue
• Market: NoMad, Manhattan
• Lender: Madison Realty Capital
• Landlord: Five Points Development
• Lender's Rep: Mark Green - Cottonwood Group
• Seller: Madison Realty Capital - Josh Zegen
• Transaction Description: Purchase of Senior Mortgage and Senior Mezzanine Positions
• Note: Cottonwood Group acquired the note from Madison Realty Capital

The deal's key participants include Mark Green, representing Cottonwood Group, and Josh Zegen, linked to Madison Realty Capital, with Madison Realty Capital acting as seller and originator of the note. The transaction reflects a financing strategy centered on acquiring multiple debt layers for a NoMad asset.