Park Madison hires former MVision director

The New York-based real estate placement and advisory firm has recruited Carrie Coulson, who was the last member of MVision’s former real estate-focused team to depart.

Park Madison Partners has tapped Carrie Coulson, previously a director at MVision Private Equity Advisers, as principal. She begins working at the firm today and will be part of a seven-person team in New York. 

Unlike others at Park Madison, who have project management roles as their primary responsibility, Coulson will be a full-time marketing professional at the firm, focused on raising capital from institutional investors.  She is Park Madison’s first new hire since the recruitment of Gentry Hoit, a former senior partner at Rubenstein Partners and managing director at Shorenstein, as partner in September.

“Carrie has relevant experience working with real estate investment products for both developed and emerging markets,” said Nancy Lashine, managing partner and founder at Park Madison, in a statement. “She understands the needs of institutional investors and has the ability to negotiate sophisticated and nuanced solutions. She will be a valuable member of a professional team that values integrity and accountability as well as results.”

Prior to joining Park Madison, Coulson had worked at MVision, an advisory firm that raises capital for private equity, real estate, real assets, credit and direct transactions in both developed and emerging markets. She was one of three real estate-focused professionals at MVision, along with Mitchell Sikora and Scott Arden, both of whom were hired in late 2009 from JT Partners, a placement firm that Sikora had founded. Coulson, who had worked with Sikora and Arden at JT Partners on the placement of real estate funds, joined MVision in early 2010.

Over a two-year period, the team helped to raise capital for managers such as Southern Bridge Capital and BLG Capital. However, by mid-2012, both Sikora, who was a managing director, and Arden, who was a director, had left MVision, with Arden going on to open the New York office of Triton Pacific Capital and Sikora launching a new real estate-focused placement and advisory business called JTP Capital.

Following the departure of Sikora and Arden, Coulson was promoted to director but no longer focused on real estate, as employees at the firm became more ‘generalist’ rather than specializing in a specific asset class. She remained at MVision until June, after which she was subject to a three-month non-compete agreement before joining Park Madison.