The Marcil Group, Inc.
The Marcil Group Inc. was founded in California in 2004. In 2005 the company
relocated its headquarters to Fargo, North Dakota. Total assets under management
exceed $100,000,000 as of December 2007. The Marcil Group Inc. is recognized as one
of the fastest growing companies in North Dakota history. The company continues
to maintain an investor relations office in San Jose, California. (see
St. John's Capital Group) The Marcil Group Inc. through subsidiary Marcil Management
Inc. was recently recognized by Intuit NYSE "INTU" as one of the three
most technologically innovative property management companies in The United States.
The Marcil Group, Inc. is an operating company focused on real estate, technology
and other related businesses. The company acquires, develops and manages income
producing real estate. Current developments and porfolio holdings include
over 1,600 conventional and affordable rental housing units and over 600,000 square
feet of commercial space.
Michael J Marcil
Chief Executive Officer - Mr. Marcil co-founded The Marcil
Group Inc. in 2004. During his tenure the company has grown to include over 1,600
residential rental units and over 600,000 square feet of commercial real
estate valued in excess of $40 million. The company has maintained positive
cash flow each quarter since inception and achieved asset and revenue growth
of over 800% in 2006. In just three years, assets under management have expanded
from $2 million to $100 million. A visionary entrepreneur-business developer,
Mr. Marcil has more than 20 years of experience in building successful organizations.
Through his leadership, the company has expanded to 23 employees in the Fargo
headquarters and over 100 employees throughout North Dakota and Minnesota. During
his business career Mr. Marcil has served in a variety of executive level and
consulting positions within the real estate, economic development, marketing and
technology industries. Mr. Marcil has served organizations including:
Forrest City Real Estate, The State of North Dakota, Twin Cities Development
Association, Black Hills Community Economic Development Inc., Big Sky EDA, Valassis
Communications Inc., Nami Media Inc., Direct ResponseTechnologies, Inc., Food.com
and Publishers Clearing House. Prior leadership roles included acquisitions,
venture capital, management services and other business development and strategic
activities. Mr. Marcil has established contacts and relationships with
key investors, communities, businesses and political leaders in these areas. For
our investors, he provides a unique perspective and access to information and valuable
opportunities not available to other investment groups. Mr. Marcil is a graduate
of The University of North Dakota.
Arthur Rosenberg
President - Mr. Rosenberg has been instrumental
in the early formation and development of the company and the management team. He
has attracted more than $20 million in private equity financing for real estate
and non-real estate investments. As president, he oversees all development and equity
financing activities. Prior to joining The Marcil Group, Mr. Rosenberg founded
Renaissance Ventures, a regional $5 million venture capital fund. In addition, he
established Davinci Management Group, a successful business finance and consulting
firm that provided support to companies seeking venture capital and institutional
funding. Mr. Rosenberg continues to serve on advisory boards for several companies
including Convexity, Linkup, Feed Management Systems and Composite America. He
is a graduate of the University of North Dakota, Grand Forks, where he earned a
bachelor's in business administration with a major in management. He is a member
of the Minnesota Venture Capital Association, the Sigma Chi Fraternity and Rotary
International.
Trisha Bothum
Chief Financial Officer - Ms. Bothum co-founded The Marcil
Group Inc in 2004 and is responsible for all financial and accounting activities. Ms
Bothum is a certified public accountant and along with her staff of accounting
and legal professionals manages all financial aspects of the Marcil Group, the Marcil
Group's subsidiaries, and all related real estate holdings and other investments.
With her broad experience with systems and business processes, Ms. Bothum has
been instrumental in establishing accounting, management and audit methods that
have allowed the Marcil Group to scale quickly. Prior to joining The Marcil Group, Ms.
Bothum worked for 15 years in a variety of capacities for various multibillion-dollar
corporations, including five years with Oracle Corporation at its Redwood City,
Calif. headquarters. In her role with Oracle Ms. Bothum was responsible
for complex global forecasting and finance functions that comprised over $400 million
in annual revenue. Ms. Bothum holds a Bachelor of Science in accounting
from the University of Phoenix and also attended the University of North Dakota,
Grand Forks.
Joel Fremstad
General Counsel - Mr. Fremstad is a licensed attorney
with a diverse legal background. As General Counsel for the Marcil Group, he will
oversee the legal issues involved with The Marcil Group and its subsidiaries and
affiliated businesses. As Vice President of Human Resources he will assist the Group’s
Senior Management with workforce and organizational issues. As Vice President of
Corporate Development and Corporate Secretary, Mr. Fremstad will help to bridge
communications between the Group’s Board and Senior Management, investors,
national and local leaders and development partners, and employees. Prior to joining
the Marcil Group, Mr. Fremstad was a Partner with the Nilles Law Firm, Legislative
Counsel to United States Congressman Earl Pomeroy and Law Clerk for the North Dakota
Supreme Court. He is a graduate of the University of North Dakota School of Law
and is licensed in several federal, state and tribal courts.
John Deneen
Vice President of Property Management - Mr. Deneen
brings over 20 years of property management experience to his role with The Marcil
Group. He is responsible for the management and operations of over 1,600 residential
apartment units in the region. Prior to joining The Marcil Group his roles
included Executive Vice President and General Manager for the New Harey Development
Group in St. Paul, Minnesota, with duties including financing, construction, development
and sales; and Regional Manager for Equity Residential Property Group in Charlotte,
NC, the largest Real Estate Investment Trust in the United States. Mr. Deneen
attended Illiniois Benedictine College in Lisle, Illinois.
Michelle Swanson
Corporate Controller - Ms. Swanson is a certified public
accountant who brings extensive accounting and tax experience to the group.
Her primary responsibility is management of the accounting department.
She is in charge of financial reporting, developing and maintaining controls,
internal auditing, and tax issues. Prior to joining the Marcil
Group, Ms. Swanson worked over 12 years in public accounting.
As a manager at Fiebiger, Swanson, West & Co., PLLP, she assisted clients from
a variety of industries in developing financial and internal controls and preparing
and presenting financial statements and tax returns. Ms. Swanson
holds Bachelor’s of Science Degrees in Accounting and Business Administration
from North Dakota State University.
Daryl Brasel
Assistant Controller - Mr. Brasel is a certified public
accountant as well as a certified internal auditor with over 15 years experience
in accounting and internal auditing. His responsibilities include overseeing and
assisting with financial reporting, developing and maintaining controls, internal
auditing and tax issues. Mr. Brasel graduated from Minnesota State University, Moorhead
with a degree in accounting.
Curt Biller
Business Development Manager - Mr. Biller oversees a
variety of management, commercial operations and human resources functions.
He brings years of experience in owning, operating and consulting across a variety
of industries to serving our company, investors, partners and customers. Prior to
joining The Marcil Group, he founded One Degree Inc. in Fargo, N.D., where he was
the lead facilitator and curriculum developer. Curt specialized in developing and
facilitating customized programs in leadership, employee development, communication
and innovation for both profit and non-profit organizations. Additionally, he brings
extensive background in restaurant and hospitality management and development. He
spent 13 years developing and owning both franchise and independent restaurants.
During that time he has overseen a staff of more than 150 employees. He holds a
Bachelor of Science degree with an emphasis in management from Montana State University
in Bozeman, MT.
Jeff Nyquist
Marketing Director - In his marketing role at The Marcil
Group, Mr. Nyquist is responsible for the company’s messaging, from tactical
marketing activities to strategic design. Jeff brings over 20
years of media experience to The Marcil Group. He was the circulation
director and core management team member for 12 years at The Forum, North Dakota’s
largest daily newspaper. Later Mr. Nyquist was the general manager
for Showcase Advertising. From copywriting to media placement
to winning an ADDY award for a broadcast design, Mr. Nyquist has a broad variety
of marketing experience. He has a Bachelor of Science degree from Minnesota State
University in Moorhead, Minnesota.
John Kinzel
Commercial Funding Manager - Mr. Kinzel serves as the
commercial funding manager for The Marcil Group. He is responsible for structuring
and securing local and national debt financing for the commercial real estate portfolio.
Born and raised in North Dakota, Mr. Kinzel’s experience includes Marshall
BankFirst, where he was a senior credit approval analyst. Before that he was at
Wells Fargo (Minneapolis) in the asset backed securities division, with roles that
included asset analyst, bond analyst, and Assistant Vice President. Mr. Kinzel holds
an MBA with a concentration in venture management from the University of Saint Thomas
in St. Paul and a bachelor’s degree in finance from Minnesota State University
in Moorhead, Minnesota.
Nick Hacker
Business Development Manager - Mr. Hacker is instrumental
in assisting the company with capital functions, business modeling, deal structuring,
and developing sound and accurate pro-forma’s related to real estate. Prior
to joining The Marcil Group, he served at the Center for Innovation in Grand Forks
for more than three years as a financial analyst and entrepreneur consultant. From
creating the market analysis to signing the commercial leasing Mr. Hacker has
the ability to work with both the company and client to identify and create new
opportunities and strategies that help everyone succeed. In addition to his role
at The Marcil Group he is a North Dakota Senator who at the age of 22 was the youngest
person in the history of the United States elected to a state senate. Mr.
Hacker is a graduate of the University of North Dakota with a Bachelor of Science
degree in Managerial Finance and Corporate Accounting.
Chad Bartholomay
Development Manager - Mr. Bartholomay brings extensive
construction and management experience to the team. He is a licensed contractor
and former owner of several construction-related companies. Mr. Bartholomay surveys
each redevelopment project and accurately assesses the needs and determines the
resources that are necessary to maintain and revitalize each project. He has direct
oversight of all construction during the redevelopment phase and coordinates all
new construction projects to ensure that the costs are managed and quality is achieved. Mr.
Bartholomay has a passion for development along with an entrepreneurial spirit.
He earned his bachelor's degree in management from the University of North Dakota
in Grand Forks.
Kim Storlie
Insurance - Ms. Storlie, CISR, is a licensed
insurance agent in life, health, property and casualty for North Dakota and Minnesota.
As the resource person for insurance related issues, Ms. Storlie analyzes
coverage needs, facilitates acquiring cost effective coverage, and shepherds the
insurance process. Ms. Storlie earned her bachelor's degree in accounting
from the University of Minnesota, Duluth.
Board of Directors
- Michael Marcil - CEO The Marcil Group Inc.
- Art Rosenberg - President The Marcil Group Inc.
- Edwin Yeh - CEO St. Johns Capital Group
- Dan Erickson - L60 Investments
Advisory Board
- Dave Underwood - Real Estate Investor
- George Gaukler -Valley Group LLC.
- Lee Vincent - Real Estate Investor
- Jeremy Almand - St. John's Capital Group
- Stephen Wuu - St. John's Capital Group
Legal & Accounting
- Outside Law Firms: Dorsey & Whitney LLP
- Outside Accounting Firm: Eide Bailly LLP and Fiebiger, Swanson, West & Co
Recent Announcements
Marcil nominated for Governor's Choice Award
Fargo ND October 2, 2007 - Mike Marcil, CEO of The Marcil Group, has been nominated
for the North Dakota Innovator of the Year award.
The sixth annual Governor's Choice for Economic Development awards is sponsored
by the North Dakota Department of Commerce. Nominations are accepted in five
award categories: Professional Developer of the Year, Volunteer Developer
of the Year, Project of the Year, Ambassador of the Year and Innovator of the Year.
Winners will be selected later this month and will receive recognition and $1,000
earmarked for an economic development association of their choice.
"I am honored by this nomination," said Marcil. "I believe
it is a reflection of both our commitment to and belief in the state of North Dakota."
"North Dakota has created nearly 2,100 new businesses and 25,000 new jobs
since 2000, reflecting a healthy, expanding economy," Governor John Hoeven
said. "The Governor's Choice Awards provide an opportunity
to recognize leaders in business and economic development throughout the state who
are leading the way to grow North Dakota."