SAN FRANCISCO— The Madison Real Estate Group announces the continued expansion of their receivership, property management, leasing and brokerage services in San Francisco and the surrounding cities as a response to the ongoing market weakness and a growing inventory of foreclosed properties.

Madison provides specialized investment solutions to institutional and private investors. Currently working with third parties providing brokerage, property management and leasing/tenant placement services in Chico, Chilcoot, Lake Shasta, Oakland, Redding, San Jose, Sunnyvale, Santa Clara, Santa Rosa, Petaluma, Clearlake, Truckee, and Grass Valley, Madison intends to enhance its ability to serve these markets while expanding its reach.

In conjunction with the announcement, Madison also announces the appointment of Iraida Angarita, a tenured and highly respected industry professional, as regional property supervisor. Iraida will partner with our established property management team to further enhance the overall leadership, strategic focus and profitability to our clients. ”Iraida’s experience and expertise allows us to bring value to our current clients and the ability to expand our management services to investors looking for a firm with local experience,” said Jacqueline Kimaz, vice president of Madison.

The newly expanded portfolio represents a diversified mix of multifamily, office, retail and single family homes. Madison takes a collaborative, long term approach with all its clients in finding solutions that meet their goals and objectives.