By 1997 Mark had amassed a $100 million portfolio consisting of more than 1,500 repositioned units in New Jersey.
The history of The Marcal Group is rooted in the innate real estate savvy of its founder and CEO, Mark Caller. Born and bred in the industry, Mark began his career as an industrious teenager, managing residential units for investors.

In 1995, Mark found his calling, perhaps, through an act of providence. The vacancy-ridden building in Irvington NJ, where he leased space for his auto alarm startup, was being forced into foreclosure. Mark successfully assembled his very first syndicated real estate deal, negotiating a discounted payoff with the lender on the non-performing mortgage and mediating accumulated interest on back taxes with the Irvington Township. In a just a few short months, the entire building was completely rehabilitated and brought to 100% occupancy. Among the building's new tenants was the New Jersey DMV.

By 1997, Mark had amassed a $100 million portfolio consisting of more than 1500 repositioned units in some of New Jersey's underserved communities. Including the formation of strategic partnerships and high-profile business relationships, Mark's repeat business with Freddie Mac and the RTC resulted in the acquisition of a sizable portfolio of underperforming assets.
The addition of top level players to the company's administrative staff marked a key turning point in its transition from a startup to prestigious development firm.
The company, then known as the GLC Group, moved on to development, back in Caller's hometown, Brooklyn New York. With a keen eye for value, Mark spent the next five years developing a number of new construction rental and condominium projects in developing neighborhoods like Bedstuy, Canarsie, Prospect Heights, and East Flatbush.

The addition of top level players to the company's administrative staff marked a key turning point in its transition from a startup to prestigious development firm. Understanding the need to expand, in 2002 Caller brought Architect Richard Esposito aboard to head the construction division and aggressively assemble a team of in house design-build experts and construction managers to further the new construction growth.

This transition spurred the company's foray into high-end development, namely the magnificent N Forth project, an upscale 37-unit condo building in North Williamsburg, and 163 Washington Avenue, a 17-story sleek hi-rise in Clinton Hill. The New York media was quick to take note of the new player in the field, citing Caller as "a keen entrepreneur with a savvy for a rebound in the making."

At the same time, the focus of Marcal's national management division, Frontier Financial, has expanded the company's significant holdings portfolio to new markets across the East Coast, including office and residential complexes in Pennsylvania, Virginia, Georgia, Florida and Maryland. This is in addition to its flagship residential portfolio in the New York/New Jersey region, holding in excess of 2,500 units.

mission

To date, The Marcal Group has successfully purchased and repositioned over $250 million in residential, medical, and office properties across the country. With over a million square feet of ground-up development currently underway, and an additional five million square feet currently under its management, Marcal's combined strengths as a syndicator of real estate deals, and a design-build company for prestigious specialty projects has earned it a coveted position of distinction amongst the most dynamic players in the field.

In recent years, the company's strategic partnerships and alliances have created several new genres of specialty projects and holdings. Over the past decade our company's strategic partnerships and alliances have created several new genres of specialty development and acquisitions. Frequent partnerships with notable companies such as The Berger Organization and READ property group and E and M Associates, generate like-minded goals through various assets and holdings. In recent years we've collaborated extensively with recognized industry leaders such as Community Preservation Corporation, Maimonides Medical Center and NYC Housing Preservation & Development to design, build, and manage medical facilities, construction of institutional buildings, affordable housing and an array of high profile projects.
Marcal's combined strengths as a syndicator of real estate deals, and a design-build company for prestigious specialty projects has earned it a coveted position of distinction amongst the most dynamic players in the field.
We welcome the partnership of like minded capital partners seeking to maximize their equity through ground-breaking projects and initiatives.

vision

The Marcal Group remains focused on its primary mission of identifying unique development opportunities. This includes repositioning land for strategic ground up projects in diversified market sectors, including residential, commercial, retail, affordable housing, short term office space Corner Office and our latest venture- short term medical space MedWorks.

We welcome the partnership of like minded capital partners seeking to maximize their equity through ground-breaking projects and initiatives.