# Madison International Realty Holdings, LLC

> Madison International Realty Holdings, LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2012, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated July 8, 2026.

- CRD: 158165
- Filed as: MADISON INTERNATIONAL REALTY HOLDINGS, LLC
- Also doing business as: MADISON INTERNATIONAL REALTY
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: July 8, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/158165
- AdvisorCensus page: https://advisorcensus.com/firm/madison-international-realty-holdings-llc-new-york-ny-158165

## Quick answers

**How is Madison International Realty Holdings, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Madison International Realty Holdings, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Madison International Realty Holdings, LLC located?**
Madison International Realty Holdings, LLC's principal office is in New York, NY, according to its Form ADV; the August 2026 filing also lists 6 other offices (Schedule D, Section 1.F).

**Is Madison International Realty Holdings, LLC registered with the SEC or a state?**
Madison International Realty Holdings, LLC is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 158165.

**How much does Madison International Realty Holdings, LLC manage?**
Madison International Realty Holdings, LLC reports $6,305,953,937 in regulatory assets under management in its Form ADV filing dated July 8, 2026 (80% discretionary).

**How have Madison International Realty Holdings, LLC's assets and staff changed since 2021?**
In the Form ADV data for Madison International Realty Holdings, LLC: Regulatory assets under management: $6,079,163,503 in the October 2021 data and $6,305,953,937 in the October 2026 data, up 4%. Total employees: 64 in October 2021 and 62 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Madison International Realty Holdings, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (26).

**Does Madison International Realty Holdings, LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/158165

**What changed in Madison International Realty Holdings, LLC's recent Form ADV filings?**
In the August 2026 filing data: No longer lists an office in Los Angeles, CA.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Regulatory assets under management (Item 5.F)
- Total: $6,305,953,937
- Discretionary: $5,024,899,264
- Non-discretionary: $1,281,054,673

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 26 | $4,433,408,359 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | $37,180,734 |
| State or municipal government entities (including government pension plans) | Fewer than 5 | $438,382,886 |
| Other investment advisers | Fewer than 5 | $285,624,326 |
| Sovereign wealth funds and foreign official institutions | Fewer than 5 | $1,111,357,632 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2012 (14 years)
- Employees: 62 total, 20 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, NY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the August 2026 filing
- Amsterdam
- Frankfurt Am Main
- Gangseo-Gu, Seoul
- London
- Luxembourg
- Singapore

### Websites listed on Form ADV (Item 1.I)
- madisonint.com
- LinkedIn @madison-international-realty

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $6,079,163,503 | 64 | June 8, 2021 |
| October 2022 | $7,479,169,947 | 70 | March 31, 2022 |
| October 2023 | $7,963,293,111 | 73 | August 24, 2023 |
| October 2024 | $7,038,326,409 | 70 | March 28, 2024 |
| October 2025 | $6,506,085,377 | 74 | April 10, 2025 |
| October 2026 | $6,305,953,937 | 62 | July 8, 2026 |

Regulatory assets under management: $6,079,163,503 in the October 2021 data and $6,305,953,937 in the October 2026 data, up 4%.
Total employees: 64 in October 2021 and 62 in October 2026.

## Changes in the filing (last 12 months)

### August 2026
- No longer lists an office in Los Angeles, CA.

### April 2026
- Employees performing advisory functions went from 32 to 20.
- Changed its office addresses in Luxembourg.
- Added an office in Gangseo-Gu, Seoul.
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Madison International Realty Holdings, LLC (CRD 158165): Form ADV filing data as of October 2026.