Madison Capital Markets Names Former Hines Vet to Helm Southeastern Sales

Richard “Rick” Shearer

Madison Capital Markets, an affiliate of Madison Capital Group, has appointed Richard “Rick” Shearer as executive vice president to lead sales efforts throughout the Southeastern United States.

“We are excited to welcome Rick Shearer to Madison Capital Markets as executive vice president. As a seasoned veteran with over 25 years of experience in the financial services and investment management industry, Rick brings a wealth of expertise to our team,” said Michael Crimmins, president of Madison Capital Markets.

Shearer will oversee strategic planning and relationship-building efforts in his new role. He will focus on expanding Madison Capital Markets’ relationships with broker-dealers and key representatives throughout the Southeast.

“[Shearer’s] strong relationships with broker-dealers and his proven track record of driving growth make him an invaluable addition,” added Crimmins.

Shearer’s experience includes roles at Hines Securities from 2012 to 2023, Symetra Financial in 2012, and Sun Life Financial from 2009 to 2011. He holds FINRA Series 6, 6TO, 7, 26, 63, and 65 licenses.

“I am thrilled to join Madison Capital Markets and bring my experience to a firm with such a strong reputation and commitment to excellence,” said Shearer. “I look forward to working with the team to enhance our broker-dealer relationships and drive strategic initiatives that will continue to propel the firm forward.”

With a focus on structuring 1031 exchanges, Madison Capital Markets officially rebranded in May 2024, and manages more than $715 million in total property value. It specializes in multifamily and self-storage while maintaining a footprint across various real estate sectors. In June, it closed Go Store It Orlando DST, a Delaware statutory trust offered as a Regulation D private placement for approximately $18.5 million. Also in May, it launched Madison Net Lease IV Fund.

Madison Capital Group, a vertically integrated real estate development and investment firm headquartered in Charlotte, N.C., specializes in real estate investments with a focus on the self-storage and multifamily sectors. The company is the parent entity of Go Store It Self-Storage, a non-traded direct investment sponsor emphasizing self-storage, and Madison Communities, a vertically integrated real estate development and investment firm dedicated to crafting high-quality, suburban, garden-style apartment communities throughout the Southeast.

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