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.
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.
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 is a mechanical engineer by training and a Genreal Contactor 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)
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. Scalzo Long in experience in large gravel and fill mines and site development He currently sits on the board at Dean Street Insurance, Market America Development, and Flagler Insurance