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Brokerage
Posted: June 4, 2010
Meet the BMAR Members: Stark
In 1959 soon after being discharged from the U.S. Navy, Murray Stark commenced his professional real estate career. Stark "paid his dues" by managing apartment buildings for various firms, which required him to personally collect rent door to door. For a period of three years, Stark served an apprenticeship learning the multi-dimensional aspects of real estate management. Armed with this knowledge and youthful confidence, he was able to secure a management contract for a single mid-size apartment building and hence evolved Stark Management Co., Inc.
At its zenith, Stark Management Co., Inc. managed 150 apartment buildings, consisting of 10,000 apartments.
After 30 years of participation in management as an active, highly visible member in the real estate community during which he served as director of the Bronx Realty Advisory Board and C.H.I.P.; Stark made the life altering decision - to retire from building management.
Stark has always maintained that he intends, if the fates allow, to work "wire to wire." To this end, he proceeded and continues to invest and purchase various shopping malls, commercial and apartment buildings out of state. These acquisitions are primarily in Colorado, Oklahoma and New Mexico. As evidenced by numerous awards, news articles, i.e.; Denver Post, Tulsa Real Estate Journal and the Colorado Real Estate Journal. Mr. Stark is regarded as one of the most successful innovative, active investors in these regions. Additionally, he has established an expansive Direct Mortgage Financing Firm which specializes in bride loans throughout the Continental United States.
"No man is self made. We are all products of out life experiences and those persons with whom we have interacted. During my 45 plus years in the real estate profession, I have been blessed by having been afforded the opportunity to meet many, truly fine people who have served me well as 'mentors,' Howard Parnes, James Houlihan, Dan Houlihan, Joe Skaller, Michael Romita, and Lewis Lubitz, to them I sincerely extend my heartfelt gratitude."
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