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 details on future of old auto supplier site

As reported on wnem.com:   By Brianna Owczarzak FLINT, MI (WNEM) – An old reminder of one city’s past is making way for its brighter future. A massive complex once home to an auto parts supplier could be welcoming a brand new tenant and revitalizing an area looking for a big boost. Phoenix Investors are coming to Flint. “The Center Street property will be renovated over the next year. We want to attract a high quality distribution type tenant or a manufacturing type tenant,” said ... Read More

2020-07-02T14:43:33+00:00October 17th, 2017|Anthony Crivello, Articles, David Marks, Frank Crivello, Kurt Jensen|

Phoenix Investors Acquires Alabama Factory Site

With its acquisition of the former Chesbrough-Pond's plant in Huntsville, AL, Phoenix Investors has expanded its portfolio to 22 states. The deal for the 359,00-square-foot building reportedly totaled $5.1 million. “The proximity to the Huntsville International Airport and I-585 made this a long-term attractive asset for our portfolio,” said Phoenix Investors Chairman & Founder Frank P. Crivello. “We continue to deploy committed capital on our core industrial strategy and seek additional industrial value acquisitions in the Huntsville market and across Alabama.” Click here to read ... Read More

2021-06-07T20:25:10+00:00October 17th, 2017|Anthony Crivello, Articles, David Marks, Frank Crivello, Kurt Jensen|

Wisconsin company makes second multi million-dollar Flint property purchase

As reported on mlive.com: By Dominic Adams FLINT, MI – A Wisconsin based real-estate firm has purchased its second commercial building in Flint in the last two weeks. An affiliate of Phoenix Investors has bought a 460,000-square-foot building next to Bishop Airport where Android Industries is currently located, the company said. The building at 4444 W. Maple Ave., was purchased for $19.5 million and the sale was closed on Thursday, Oct. 12, according to Phoenix Spokesman Buddy Julius. “It’s an area that we think that it’s ... Read More

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