Tuesday, November 21, 2017
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Mark Fenzel

Mark Fenzel of Copper Realty LLC was another repeat Award winner this year with an 18-unit building at 6153 South ML King Drive, which had been foreclosed. Fenzel combined a CIC loan (Ted Brzyski was his loan officer) with cash to purchase the partly-occupied building. He improved security and unit conditions for existing tenants, and then completed a rehab for about $40,000 per unit. Occupancy has created a more stable environment for the building, which was in the vanguard of development for this area, where now eight nearby buildings are being similarly renovated.

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John Brauc

John Brauc received his third Award in as many years with his purchase and renovation ...