Madison Communities

Madison Communities is a U.S.-based real estate development and property-management firm, operating as part of Madison Capital Group. Founded in 2009 and headquartered in Charlotte, NC, the company acquires, develops, and manages multifamily residential communities across the Southeastern and Sunbelt United States. Its portfolio spans apartments, build-for-rent single-family and townhome communities, and mixed-use developments — all designed to deliver modern living experiences while integrating with surrounding neighborhoods.

What sets Madison Communities apart is its vertically integrated business model: the firm combines acquisition, development, construction, leasing, and property management under one roof. With more than 4,000 units currently managed and several thousand units under construction across multiple states, the company demonstrates both scale and agility. Leadership — including veterans such as Ryan Hanks (CEO/Founder) and Ken Carpenter (President/CIO) — brings decades of real-estate investment, development, and capital-markets experience, enabling Madison Communities to structure, finance, and execute complex multifamily and build-for-rent projects efficiently.

Aligned with market demand trends in growing Sunbelt metros — including affordability pressures, population migration, and rental demand — Madison Communities recently expanded into the build-for-rent (BFR) space, targeting single-family rental homes and townhomes to meet shifting housing needs.

By maintaining in-house general contracting and property-management capabilities, the company aims to deliver stable, long-term returns for investors while offering quality housing to residents. Although the firm does not publicly disclose exact IRR or AAR metrics, its diversified strategy and operational sophistication make it a notable