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.

FORMER LOWE’S STORE ON MILWAUKEE’S NORTH SIDE REZONED FOR POSSIBLE DISTRIBUTION CENTER

As reported in jsonline.com written by Tom Daykin A proposal to rezone the former Lowe’s store on Milwaukee’s north side to become a distribution center was approved Monday by the Plan Commission. The commission voted to amend the city’s land use plan, which covers the neighborhood that includes the building, 5800 W. Hope Ave. It also approved site and building changes for the property and an exemption from performance standards for Midtown Center, the shopping center where the building is located. Those actions — the ... Read More

2019-12-24T06:15:28+00:00May 7th, 2018|Articles, David Marks, Frank Crivello, Kurt Jensen|

PAWCATUCK REVITALIZATION TAKES TWO MORE STEPS FORWARD

As reported in theday.com written by Joe Wojtas Stonington — Last week was a good one for the long hoped for revitalization of downtown Pawcatuck. First, Jim Lathrop, the owner of Best Energy, began renovating the blighted building next to his businesses at the corner of Mechanic and West Broad streets that’s been partially occupied since 1982. The building is at a very visible location for those driving into the downtown. Second, the town got word that a Milwaukee firm, that has experience in revitalizing old ... Read More

2019-12-24T06:15:26+00:00May 7th, 2018|Articles, David Marks, Frank Crivello, Kurt Jensen|

LOCAL MANUFACTURER EYEING MIDTOWN CENTER FOR DISTRIBUTION CENTER

As reported in biztimes.com written by Corrinne Hess After being vacant for nearly seven years, the former Lowe’s building near Milwaukee’s Midtown Center could soon have a tenant. Milwaukee-based Phoenix Investors LLC has asked the city to allow for an indoor wholesale and distribution facility as a permitted use within the building at 5800 W. Hope Ave. Frank Crivello, executive vice president of Phoenix Investors, said the company is very close to announcing a tenant for the building. Crivello would not say who the company ... Read More

2019-12-24T06:15:15+00:00April 26th, 2018|Articles, David Marks, Frank Crivello, Kurt Jensen|