David M. Marks

 

Since 1994, David M. Marks has served as the Trustee of the Irrevocable Children’s Trust, Irrevocable Children’s Trust No.2 and Phoenix Business Trust where he oversees all trust investments, with responsibilities that begin pre-acquisition and extend through ownership and disposition. Mr. Marks has played a key role in all acquisitions and management of the Trusts’ portfolio of commercial real estate and operating companies and acts as key officer, director or manager for the Trusts’ operating subsidiaries.

Mr. Marks began his real estate career in the late 1980s while still an undergraduate, completing acquisition underwriting, portfolio analysis and abstracting complex anchor tenant leases on a national basis. In the early 1990s, Mr. Marks worked on national acquisitions, underwritings and financings, highlighted by assisting in the creation Wall Street’s first single-tenant, retail property-backed securitized financing, a CMBS transaction secured by a national portfolio of 43 Kmart retail and warehouse stores.

Mr. Marks has led or participated in real estate acquisitions, refinancings and dispositions ranging in size from single asset transactions under $1 million to portfolio transactions in excess of $170 million.

Mr. Marks and his wife Rachael are active supporters of various charitable organizations, with a specific focus on Jewish charities in Southeastern Wisconsin.

Mr. Marks received a B.S. in economics from the University of Wisconsin.

Phoenix Investors Portfolio Now Surpasses 40 Million SF

As published in PR Newswire Affiliates of Phoenix Investors ("Phoenix"), a national private commercial real estate firm headquartered in Milwaukee, Wisconsin, recently announced the acquisition of two industrial properties that have expanded its Portfolio to 40 million square feet across 23 states. The subject properties are located at 2500 Hwy 6 East in Iowa City, IA and 2850 Gainesville Hwy in Alto, GA. The property in Iowa City, Iowa consists of a manufacturing and distribution center amounting to approximately 364,000 square feet on just over 20 acres. Phoenix acquired the property from International ... Read More

Is Reshoring Better Than Nearshoring?

As businesses consider ways to shorten their supply chains and mitigate ongoing disruptions, many have begun to explore the feasibility of bringing production and logistics assets closer to home. For American companies, this goal can be achieved through either nearshoring or reshoring. Nearshoring moves assets from far-off destinations like China to closer countries, such as Mexico. Similarly, reshoring draws down offshored operations and reestablishes them on U.S. soil. But which is better? Keep reading to explore the benefits and drawbacks of nearshoring and reshoring. Nearshoring ... Read More

COVID-19: June 2021 Logistics Industry Update

The supply chain has struggled to overcome a seemingly endless stream of disruptions since the onset of a global pandemic at the beginning of 2020. For logistics professionals, COVID-19 has been similar to a never-ending game of Whack-a-Mole — as soon as one problem seems sufficiently dealt with, another always seems to quickly pop up. Though supply chain and logistics professionals have begun to plan for a post-pandemic new normal, the logistics sector will continue to feel the impact of COVID-19 for some time to ... Read More

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