CRE Lendng & Investments Fund Co-Manager
Posted: July 5, 2025
Madison Development Corporation (MDC), a nonprofit with $52 million in Assets, is seeking a CRE Lending & Investment Co-Manager to join our team in Madison, WI. This role will provide hands on experience in managing business lending programs, workforce housing investments, and supporting early-stage high tech ventures, with a focus on community impact and sustainable development.
About MDC: MDC is a nonprofit established in 1977 which is focused on owning and managing 350+ units of workforce housing in Dane County, offering various business loan programs, and developing multifamily workforce housing projects. We are governed by a 13 member Board of Directors.
Industry Partners: MDC’s Partners include Baker Tilly, SVA, Wegner CPAS, industry volunteers, and local law firms who help us develop, administer, and account for our programs to ensure compliance.
Experience & education requirements: Candidates must have a 4-year degree in Finance, Banking, or Accounting, with 2-5 years of commercial lending experience; advanced degrees preferred.
Key responsibilities: Include loan origination, document drafting, compliance monitoring, fund accounting coordination, and participation in development project management.
Team & work environment: MDC has a small team of 12-13 employees in Madison with flexible hours and a hybrid work model, emphasizing collaboration and a positive attitude. Our current 3 Team Members in Lending all have MBAs.
Fundraising & growth: The role also supports our fundraising efforts for housing and venture debt funds, with opportunities to manage and grow multiple lending programs.
Compensation & benefits: MDC offers generous PTO, health insurance, Flex Benefits, a 401k plan with6% matching if you defer 3% of your income. Salary based on experience and education. Bonuses are paid annually based on meeting corporate goals.
Location & worksite: The position is based in Madison, requiring several hours per week in our downtown office to maintain community engagement and teamwork.
Contacts: Abbie@mdcorp.org, Lorrie@mdcorp.org and Juan@mdcorp.org
Phone 608-256-2799
Location: 550 W Washington Ave, Madison, WI 53703
