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.

PHOENIX INVESTORS BUYS ALABAMA FACTORY PROPERTY FOR $5.1M

As reported in the Birmingham Business Journal By Hanno van der Bijl A commercial real estate firm based in Milwaukee is expanding into the Yellowhammer state. Phoenix Investors has acquired the former Chesebrough-Pond’s industrial plant in Huntsville for $5.1 million. The 359,000-square-foot building is located at 1000 James Record Road. “Phoenix Investors is proud to expand across 22 states in our portfolio after this acquisition in Alabama,” said Senior Vice President of Acquisition and Leasing for Phoenix Investors Kurt Jensen. “We look forward to continuing ... Read More

2019-12-24T06:26:01+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

Maytag Dairy Farms, Phoenix Investors honored by NDC

As reported on newtondailynews.com:  Jamee A. Pierson Jo Jenkins, chair of the NDC Board, welcomed the more than 75 business leaders in attendance and spoke about how NDC and those involved with the organization work to promote the community and expand the business portfolio of Newton. “You are here because you love this community and it show over and over,” Jenkins said. “Some of you in this room are very visible to what you are doing out and about to help grow Newton. Others are ... Read More

2019-10-31T08:38:44+00:00October 13th, 2017|Anthony Crivello, Articles, David Marks, Frank Crivello|