07 March 2017
New York
Reporter: Theo Andrew
New co-CIOs at Madison International Realty
Madison International Realty has named two new co-chief investment officers in Carey Flaherty and Derek Jacobson.

The pair, who both previously held the position of managing director, will expand their roles and take on responsibility for enhancing Madison’s market relationships.

Flaherty has been with the company for over 13 years, working across Madison's platform, including the global portfolio, and most recently as head of U.S investment. Prior to this, he worked at Deutsche Bank, where he analysed real estate private equity investments.

Jacobson joined Madison in 2004 and has been responsible for overseeing the company’s European activities. He has also worked across Madison’s other non-U.S markets on all aspects of financial analysis.

Previously he worked for Taurus Investment Holdings as a financial analyst.

Ronald Dickerman, founder and president of Madison, said: “I am delighted by the recognition we are affording these two talented executives. They each have spent over a decade with Madison and are keepers of the key measures of our strategy that deliver consistent and differentiated returns in the prime property sector and allow us to serve additive roles with our institutional partners.”

More news
The latest news from Real Estate Investment Times
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
Top-end investors leaving hedge funds for real estate safe haven
21 July 2018 | London | Reporter: Theo Andrew
Factors such as low interest rates, well priced public equity markets and anticipation of a regulatory role-back have all helped boost investor confidence into real estate
San Diego pension fund plans sale of DAM assets
21 July 2017 | San Diego | Reporter: Theo Andrew
The pension fund has already committed to investing $47 million into RREEF America REIT II, a US open-ended core fund
M&G grows Nordic portfolio with industrial purchase
21 July 2017 | Denmark | Reporter: Theo Andrew
M&G Real Estate has acquired an industrial portfolio of three assets in Denmark, for €59.3 million
AXA IM - Real Assets completes Bodio Centre purchase
20 July 2017 | Milan | Reporter: Theo Andrew
AXA IM - Real Assets acquired the additional two office buildings and two retail assets in 2013
J.P. Morgan bags Denver apartments for $127.4 million
20 July 2017 | Denver | Reporter: Theo Andrew
Completed in 2015 at a development cost of $88 million, the class-A community spans 300 units with an average size of 1,243 square feet
UBS fully commits £242 million debt fund
19 July 2017 | London | Reporter: Theo Andrew
Since its final close in December 2015, the £242 million closed-ended fund has made 17 loans, building a portfolio of 74 assets across England and Scotland
Redefine covets larger share of International Hotel Properties
19 July 2017 | London | Reporter: Theo Andrew
Consideration will be made through the issue of 2.5 Redefine shares for every 1 IHL share held, meaning over 45.8 million of new Redefine shares will be allotted