Mark Witsken has become one of the most in-demand experts in out of state 1031 exchanges for California multifamily property owners. Over the past three years, Mark’s rigorous methodology and hands-on approach have resulted in an average cash flow increase of 43% for his clients.
Mark leaves no stone unturned in helping clients find the right properties to fulfill their 1031 Exchange objectives. He manages the details of each transaction which could include meeting with property management onsite, personally supervising inspections, preparing budget projections, and overseeing any property improvements during the escrow process.
Mark’s detailed analysis of P&Ls, market comparables, tax implications, contract terms and valuation is unsurpassed. Mark has developed strong relationships with brokers, lenders, attorneys, property managers and other third parties in key markets such as Austin, Nashville, Tampa, and Phoenix, ensuring a level of on-the-ground responsiveness required to complete out of state transactions smoothly.