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.

AFFILIATES OF PHOENIX INVESTORS ACQUIRE EIGHT INDUSTRIAL PROPERTIES IN KENTUCKY

As reported in prnewswire.com MILWAUKEE, April 11, 2018 /PRNewswire/ — Affiliates of Phoenix Investors (“Phoenix“), a national private commercial real estate firm headquartered in Milwaukee, Wisconsin, announced it acquired from affiliates of Pope Companies eight industrial properties totaling 831,000 square-feet for $9,250,000 located throughout Kentucky in the cities of Morehead, Carrollton, Danville, Maysville and Mount Sterling. Built from 1989 through 2004, the subject assets are well maintained steel and masonry buildings, featuring generous clear heights and ample docks. These properties are well located in their respective ... Read More

2019-12-24T06:16:58+00:00April 11th, 2018|Articles, David Marks, Frank Crivello, Kurt Jensen|

AFFILIATES OF PHOENIX INVESTORS ACQUIRE THREE INDUSTRIAL PROPERTIES FROM INDUSTRIAL REALTY GROUP

As reported in prnewswire.com Companies purchase over 1 million square-feet in $12.80 million transaction MILWAUKEE, April 9, 2018 /PRNewswire/ — Affiliates of Phoenix Investors (“Phoenix“), a national private commercial real estate firm headquartered in Milwaukee, Wisconsin, announced it acquired from affiliates of Industrial Realty Group three industrial properties totaling 1,065,000 square-feet for $12,800,000 located in Pawcatuck, CT, Delaware, OH, and Poughkeepsie, NY. The subject properties range from approximately 250,000 to 450,000 square-feet, featuring high clear ceiling heights. The portfolio includes a diverse roster of over twenty ... Read More

2019-12-24T06:17:25+00:00April 10th, 2018|Articles, David Marks, Frank Crivello, Kurt Jensen|

PHOENIX INVESTORS ADD 2 MILLION SQUARE FEET TO PORTFOLIO IN APRIL

As reported in biztimes.com written by Corrinne Hess An affiliate of Phoenix Investors purchased three industrial properties totaling just over 1 million square feet for $12.8 million. The Milwaukee-based company purchased the properties, located in  Pawcatuck, Connecticut; Delaware, Ohio; and Poughkeepsie, New York from affiliates of Industrial Realty Group. The properties range from approximately 250,000 to 450,000 square feet. Occupancy is about 65 percent. Phoenix intends to renovate the properties and release. “We are pleased to acquire three functional industrial buildings that are poised for ... Read More

2019-12-24T06:17:36+00:00April 10th, 2018|Articles, David Marks, Frank Crivello, Kurt Jensen|