Real estate profile: Mark Spaeth

Company: Schenck Business Solutions

Title: Shareholder/co-head of real estate/construction practice area

Education: UW-Madison, bachelor’s degree in accounting; UW-Milwaukee, master’s degrees in taxation.  

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Family: Married to Tricia; children – Christine, 24; Alex, 18, and Michael, 11.

City of Residence: Mequon

Hobbies and Interests: Golf, tennis, downhill skiing, reading, Kopp’s custard        

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What are you working on? "Like-kind exchanges, tenant-in-common offerings, other tax-efficient acquisitions/dispositions of real estate."

How does the market look to you? "Multi-family rentals have improved significantly. Office remains a struggle. Pockets of retail are encouraging. Industrial is steady. Cap rates are ‘interesting.’"

What was the best deal you’ve ever been involved in? "Door County spec land."

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What was the funniest moment of your career? "Being mistaken for (Marquette University real estate professor) Mark Eppli when I was a few weeks behind in getting my hair cut."

 

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