Sign up to save your podcasts
Or
Share Exclusive Interview with Mark Schurgin of The Festival Companies
Share to email
Share to Facebook
Share to X
Share to email
Share to Facebook
Share to X
Or
Exclusive Interview with Mark Schurgin of The Festival Companies
This episode has been sponsored by the well-regarded Property Management and Construction team at Pan American Properties. If you have Property Management or Construction needs, visit their website at https://papinc.com/.
This episode has also been sponsored by Neema Ahadian at The Neema Group. Neema is an exceptional investment sales professional in Los Angeles. Reach out to Neema directly at https://www.theneemagroup.com/.
Mark A. Schurgin is the Co-Founder and Chairman of The Festival Companies. His sharp entrepreneurial instincts and real estate investment acumen have produced exceptional returns for partners and clients. With over 40 years of national commercial real estate experience, Mark has been involved in the sourcing and creation of more than $5 billion of retail and mixed-use properties. Mark’s development background also includes the development and syndications of more than thirty multi-family and condominium projects. He heads up all investment strategies and investor relationships and oversees the firm’s corporate direction. He serves as Trustee and Executive Board Member of the International Council of Shopping Centers (ICSC) and a Member of the CRC Blue Council of Urban Land Institute (ULI). He is a graduate of the University of Colorado and is an active guest speaker for numerous industry organizations and sits on the executive boards of several charities. In 2008, Mark and Rosalind Schurgin established through the ICSC Foundation the Undergraduate Schurgin Family Foundation Scholarship. The Schurgin Family Foundation gives annual scholarships that provide college tuition assistance to undergraduate students who are studying retail real estate or a related field. The scholarships are the Schurgin family’s legacy to give back to an industry that has brought them so much fulfillment.
Michael Derk is an Executive Managing Director at MMCC. Michael is responsible for securing commercial debt and equity financing for an array of property types including multifamily, office and industrial, retail, seniors housing and hospitality. He is well connected with national, regional and local funding sources including, but not limited to agency lenders (e.g. Fannie Mae, Freddie Mac), commercial banks, CMBS lenders, life insurance companies, private and public funds and bridge lenders. Michael has more than 22 years of commercial real estate finance experience and has closed more than $4 billion in transactions. He specializes in structuring multifamily, retail and industrial products as well as other special purpose properties. During his career with MMCC, he has been honored with the firm’s National Achievement Award every year since 2005. He was also featured in Southern California Real Estate Magazine’s "40 Under 40" in 2004 and 2010. Mr. Derk achieved the highest revenue of all MMCC loan originators in California in 2004 through 2006, 2008 and 2009. He is a graduate of St. Bonaventure University, where he earned a bachelor's degree in accounting and finance. He also earned a master’s degree in real estate from the University of California, Los Angeles and studied abroad at Oxford University in England. He holds a sales license from the California Department of Real Estate and is a member of the Mortgage Bankers Association (MBA).
Links to people and organizations mentioned in the video:
Michael Derk Bio: https://www.marcusmillichap.com/advisors/michael-g-derk
Connect with Michael on LinkedIn: https://www.linkedin.com/in/michael-derk-307628148/
Contact Michael directly at [email protected]
Connect with Mark on LinkedIn: https://www.linkedin.com/in/mark-schurgin-ab2b034a/
View all episodes
By Michael DerkThis episode has been sponsored by the well-regarded Property Management and Construction team at Pan American Properties. If you have Property Management or Construction needs, visit their website at https://papinc.com/.
This episode has also been sponsored by Neema Ahadian at The Neema Group. Neema is an exceptional investment sales professional in Los Angeles. Reach out to Neema directly at https://www.theneemagroup.com/.
Mark A. Schurgin is the Co-Founder and Chairman of The Festival Companies. His sharp entrepreneurial instincts and real estate investment acumen have produced exceptional returns for partners and clients. With over 40 years of national commercial real estate experience, Mark has been involved in the sourcing and creation of more than $5 billion of retail and mixed-use properties. Mark’s development background also includes the development and syndications of more than thirty multi-family and condominium projects. He heads up all investment strategies and investor relationships and oversees the firm’s corporate direction. He serves as Trustee and Executive Board Member of the International Council of Shopping Centers (ICSC) and a Member of the CRC Blue Council of Urban Land Institute (ULI). He is a graduate of the University of Colorado and is an active guest speaker for numerous industry organizations and sits on the executive boards of several charities. In 2008, Mark and Rosalind Schurgin established through the ICSC Foundation the Undergraduate Schurgin Family Foundation Scholarship. The Schurgin Family Foundation gives annual scholarships that provide college tuition assistance to undergraduate students who are studying retail real estate or a related field. The scholarships are the Schurgin family’s legacy to give back to an industry that has brought them so much fulfillment.
Michael Derk is an Executive Managing Director at MMCC. Michael is responsible for securing commercial debt and equity financing for an array of property types including multifamily, office and industrial, retail, seniors housing and hospitality. He is well connected with national, regional and local funding sources including, but not limited to agency lenders (e.g. Fannie Mae, Freddie Mac), commercial banks, CMBS lenders, life insurance companies, private and public funds and bridge lenders. Michael has more than 22 years of commercial real estate finance experience and has closed more than $4 billion in transactions. He specializes in structuring multifamily, retail and industrial products as well as other special purpose properties. During his career with MMCC, he has been honored with the firm’s National Achievement Award every year since 2005. He was also featured in Southern California Real Estate Magazine’s "40 Under 40" in 2004 and 2010. Mr. Derk achieved the highest revenue of all MMCC loan originators in California in 2004 through 2006, 2008 and 2009. He is a graduate of St. Bonaventure University, where he earned a bachelor's degree in accounting and finance. He also earned a master’s degree in real estate from the University of California, Los Angeles and studied abroad at Oxford University in England. He holds a sales license from the California Department of Real Estate and is a member of the Mortgage Bankers Association (MBA).
Links to people and organizations mentioned in the video:
Michael Derk Bio: https://www.marcusmillichap.com/advisors/michael-g-derk
Connect with Michael on LinkedIn: https://www.linkedin.com/in/michael-derk-307628148/
Contact Michael directly at [email protected]
Connect with Mark on LinkedIn: https://www.linkedin.com/in/mark-schurgin-ab2b034a/