About Us

Market America Development and Acquisition, LLC (MADA) is part of the Market America Group (MAG) of Companies. MAG  is a fully Integrated commercial and residential acquisition, development, and marketing company with headquarters in Fort Myers . The Market America Group of companies consists of Market America Realty and Investments, Inc., Market America Development and Acquisition, LLC, MARIP Holdings, LLC,  and Market America Commercial Realty.  Most of MADA’s projects are developed as separate entities and have different partners. Partners in the  group have completed acquisition, engineering development, and marketing projects throughout the state.   We team with Sitti Engineering, MK-Construction, Quality Materials  and others on a project specific basis. Some of the core partners are:


Gregg Fous is the Founder of Market America Realty and Investments, Inc. and had been active as a developer, asset manager, and investor in real estate since 1976. Born in 1953 in Bergen County, New Jersey, Fous left New Jersey after graduating with honors from an accelerated program at Rider University with a major in accounting and marketing. He settled in Fort Myers in 1992. There he built Brixton Development, a developer of condominiums. Fous sold Brixton in 2005 at the peak of the market and concentrated real estate marketing and investing. In 2014 he sold his brokerage and is now babk in development and land banking.

Fous is an experienced entrepreneur and real estate adviser and speaker and writes a weekly blog at www.greggfous.com and CEO of www.retirementNEXT.com . Married 20 years to Gail, Fous has three children and five grandchildren all in Fort Myers.


Magnus Karlstedt

2 Magnus Karlstedt is a mechanical engineer by training and a General Contractor by passion.  Born in Helsinki, Finland in 1966  this former marine knows detail and discipline and has a passion for excellence in design. Driven to success in all he does, Magnus has successfully completed over three dozen development projects.  He presides over MK Construction, a vertically integrated build/ design group specializing in Medical and Commercial developments. Always a leader in new design and building techniques, Magnus has always believes in delivering quality over quantity and his attention to detail is ever present.   Magnus spent eleven years building and designing cooling systems in Finland (Coolex) and was the CEO for four years with over 50 employees.


In Finland Magnus developed and built 2 large Multi Family projects and 4 commercial developments. He is currently CEO of MK Construction based in Punta Gorda, Florida. He brings over 30 years of experience in design, construction, and project management. With licenses as a Certified General Contractor, Certified Building Contractor, Underground Fire, Class A Air Conditioning Contractor, Underground Utility & Excavation Contractor and Sales Associate Real Estate, Magnus facilitate his experience to best interest of the project and the client.


Amjad Sitti (AJ)


Amjad Sitti is the Principal Engineer with Sitti Engineering Group offering comprehensive development solutions and site engineering to Florida communities including private developers, land owners, investors, HOA’s and  construction professionals.  Amjad brings more than 20 years of experience in civil engineering and infrastructure development design.
Amjad facilitates his experience in providing site development and entitlements for small and large land parcels, medical centers, public/private infrastructure, and residential and commercial establishments. Sitti Engineering Group provides various engineering and project management services with focus on doing what is right for the project and the clients’ goals.
Amjad is a multi-State registered Professional Engineer and holds a Bachelor’s degree from the University of South Florida and a Masters degree from the University of Central Florida.




Ron Scalzo

Ron Scalzo

Ron Scalzo

Ron Scalzo brings a wealth of heavy construction and development experience to the projects he joins. Scalzo started out as a luxury home builder in Connecticut and ran  Scalzo Development and Scalzo Construction in Lee County Florida.  Headed up the land acquisition, mining and development divisions for SDG. His  expertise and company infrastructure allowed for preliminary site design (with soil & wetland knowledge), through all phases of excavation. SDG partnered with other projects in the Gulf Coast, including The Lakes at Punta Gorda, Burnt Store Preserve, Enclave at Cypress Lake, Pristine Pointe, Cone Ranch (380 units). SDG, Quality Materials (470 acres of mining and development) and in Vivante managed the construction of the Bella Lago neighborhood (75 units) (originally Palm Isles).



Click Here to See the Past Projects Our Team has Participated In