In this episode of the Business Breakdowns podcast, Josh Zegen, co-founder of Madison Realty Capital, shares insights into the changing landscape of commercial real estate lending. Since its start as a hard money lender in 2004, Madison Realty Capital has emerged as a significant player, successfully navigating the financial crisis and adapting to new regulations. The discussion delves into key topics such as construction loans, risk management, and portfolio diversification, while also addressing the effects of recent events like COVID-19 and rising interest rates. Zegen highlights the critical role of strong relationships, personalized service, and a flexible lending approach in today’s dynamic market, pointing out both the opportunities and challenges that lie ahead.