Madison Capital Group, a vertically integrated real estate investment and development firm primarily focusing on the multifamily, self-storage and boat and RV storage sectors, has promoted Andrew Kasik to Chief Accounting Officer. In this new role, Kasik will oversee all accounting functions, ensuring financial reporting and compliance accuracy and integrity while supporting the company’s ambitious growth initiatives.
“Andrew’s extensive financial management experience and proven leadership in overseeing complex financial operations will be instrumental as we expand Madison Capital Group’s platform,” said Joe Teague, President & Chief Operating Officer of Madison Capital Group. “With his fund administration, development and financial strategy background, we are confident that he will enhance our financial processes and contribute meaningfully to our growth across all divisions.”
Kasik brings a wealth of expertise in accounting leadership, having previously served as Chief Financial Officer for Madison Commercial, where he guided the financial strategy, monitored performance and managed financial reporting. Before joining Madison Capital Group, he was Vice President of Real Assets at Citco, overseeing fund administration for $1.2 billion in private equity and real asset funds. He also previously led accounting for Greystar’s Central U.S. development and construction team, managing over $1 billion in active development projects.
The appointment aligns with Madison Capital Group’s continued expansion across its diverse business units: Madison Communities, which develops and manages high-quality, garden-style, suburban apartment communities throughout the Sunbelt; BlueGate, formed to institutionalize the development, ownership and management of boat and RV storage facilities; Madison Commercial, focused on the acquisition and development of commercial real estate properties in the Southeast and Mid-Atlantic; and Madison Capital Markets, a national sponsor of syndicated 1031 Exchange offerings.
“Madison Capital Group’s vision for growth across multiple real estate sectors is inspiring, and I am excited to contribute to our continued success,” said Kasik. “I look forward to working alongside this talented team to advance our financial goals and deliver value to our investors and stakeholders.”
Madison Capital Group, headquartered in Charlotte, N.C., specializes in real estate investments, focusing 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. For more information, visit madisoncapgroup.com.
