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.

Residents invited to hear future plans for former Delphi East site

As reported on abc12.com: By Mark Bullion FLINT (WJRT) – (10/16/17) – Community members are being invited to hear future plans for the former Delphi East site in Flint. The property, which has been vacant since 2013, was recently sold to Wisconsin based Phoenix Investors for $3.15 million, according to a press release. “It will be great to have that eyesore cleaned up and become something useful,” said Eastside Coalition Chairman Clarence Campbell. No official plans have been made public as to what will be done ... Read More

Phoenix Investors to pump 12 million dollars into former Delphi Flint East plant to attract new tenant

As reported on abc12.com: By Amy Hybels WATCH: Phoenix Investors to pump 12 million dollars into former Delphi Flint East plant to attract new tenant FLINT, Michigan (WJRT) – (10/16/2017) – “We’ve learned and proven that if we fix it, they will come,” said Frank Crivello, Chairman and Founder of Phoenix Investors. New owners have paid more than 3-million dollars for the former Delphi Flint east property. Phoenix Investors says it’s in talks with possible tenants for the site– But until then they plan to ... Read More

2019-10-31T08:36:11+00:00October 17th, 2017|Anthony Crivello, Articles, David Marks, Frank Crivello, Kurt Jensen|

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

2019-10-31T08:36:35+00:00October 17th, 2017|Anthony Crivello, Articles, David Marks, Frank Crivello, Kurt Jensen|