David Marks

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.

New Delphi Flint site owner in talks with multiple possible tenants

As reported on mlive.com: Flint News By Dominic Adams Buddy Julius, spokesman for Phoenix Investors, said his company has been in talks with multiple potential tenants. However, Julius declined to disclose what businesses his company was in discussions with or potential future uses for the site. He also declined to outline any potential time frame for finding a tenant for the facility. “We love that location,” he said. “We think tenants are going to, too.” The property, near Dort Highway and Robert T. Longway Boulevard, ... Read More

2020-03-13T19:57:16+00:00October 9th, 2017|Anthony Crivello, Articles, David Marks, Delphi, Flint, Frank Crivello|

Phoenix Investors Expands MI Portfolio With 550 KSF Buy

As reported on cpexecutive.com: By Evelyn Jozsa The company purchased an industrial facility in Flint, Mich., for $3.2 million. The building is a former Delphi assembly plant that will undergo upgrades to house its new tenants. An affiliate of Phoenix Investors has acquired Delphi Flint East, a former assembly plant in Flint, Mich. The property, totaling more than 550,000 square feet, changed hands for $3.2 million. River Valley Bank provided the senior mortgage financing and Paul Hoge of Signature & Associates brokered the transaction. The building located at ... Read More

Phoenix Investors buys two more large industrial buildings

As reported on bizjournals.com: Sean Ryan, Reporter Phoenix Investors added another 1 million square feet to its growing portfolio of industrial building. The Milwaukee-based company on Wednesday announced the $25.8 million purchase of buildings in Jefferson and Beloit that are nearly fully leased. The company now holds about 17 million square feet of properties in 22 states, and has grown rapidly after the recession under a core strategy of buying and rehabbing empty or underused industrial buildings. “These acquisitions represent our entry into the Beloit ... Read More

2019-10-31T08:40:06+00:00August 31st, 2017|Anthony Crivello, Articles, David Marks, Frank Crivello|