Madison Capital Group, a Charlotte-based real estate investment and development firm, has named Chris Best managing director to lead its expansion into the registered investment advisor and family office channels. Best will oversee capital raising initiatives, distribution strategy and team development, with a focus on building relationships across the RIA and family office communities.
Best brings more than two decades of leadership experience in capital formation, alternative investments and fund distribution, having directed the placement of billions of dollars across public and private fund structures. Prior to joining Madison, he served as director at Core Spaces. He spent more than 16 years at Sterling Capital Management, where he held the position of executive director and senior client strategist.
"Chris brings extensive experience in alternative investment distribution and a proven track record of building relationships across the wealth management industry," said Ryan Hanks, founder and chief executive of Madison Capital Group. "As we continue to grow our platform, expanding our reach into the RIA and family office channels is an important part of our strategy."
The hire reflects Madison's effort to distribute alternative real estate investment strategies to a broader network of financial professionals. The firm is a vertically integrated operator focused on multifamily, self-storage, retail and marina properties.
"RIAs and family offices are increasingly embracing alternative investments as they look beyond traditional stocks and bonds to address portfolio diversification, tax efficiency and long-term wealth preservation," Best said. "Tax-advantaged real estate strategies can play a particularly compelling role in those conversations."
Best said Madison Capital Group has the investment platform, operating expertise and range of real estate strategies to serve these channels. The firm operates through several subsidiaries, including Madison Communities, Go Store It Self-Storage, Madison Commercial and Madison Marinas.
