Matan

A deep commitment to community & environment.

 

Relationships. Strategies. Results.

Family-owned and operated since 1976, Matan offers a full range of strategic real estate services under one roof. Investors and tenants return to Matan because they know we’ll deliver on our promises. We generate results quickly and consistently by drawing on extensive knowledge of the Washington D.C. market and strong long-standing relationships.

Because we live where we work, our entire team takes tremendous pride in supporting our community whenever we can.

That's just the Matan way.

Core Services

Asset Management

Maximizing returns starts with enhancing value. Matan’s asset managers strategically evaluate each investment property from real estate and capital market perspectives—identifying new efficiencies, finding innovative revenue opportunities, and mitigating risk.

Development

With over 4 million square feet of Class-A warehouse, bioresearch facilities, and office space successfully brought to market, Matan’s development team knows how to deliver multi-million-dollar projects on time and on budget. We tailor properties to your specifications and stay with you from concept through construction to ensure superior tenant satisfaction.

Leasing

Matan designs integrated leasing services to fit each tenant’s individual goals. Count on our leasing specialists to be there at every step from the initial showing through negotiations, tenant improvement coordination, expansions, and lease renewals.

Property Management

Whatever it takes. That’s the mantra of our experienced property management team. We vigilantly meet the day-to-day needs of each property while keeping an eye on opportunities to maximize operational efficiencies and create quality tenant experiences.

About Us

 

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Mark Matan

Mark Matan

Principal

As Managing Partner, Mark is responsible for all aspects of Matan Companies' operations and real estate holdings. He provides leadership, guidance, and vision to Matan’s seasoned executive management team. Mark began his career in real estate alongside his father at Fitzgerald & Matan, primarily working in commercial leasing and land sales. During the mid-1990’s Mark started acquiring commercial real estate on behalf of a small group of prominent investors, following the RTC crisis. With Mark as it’s leader and major investor, Matan grew exponentially. Mark still remains a significant investor in the company, sitting alongside that core group of original investors.

A native of Kensington, MD, Mark attended Gonzaga College High School in Washington D.C., later completing his undergraduate work at Georgetown University.  Mark is a licensed real estate broker in the state of Maryland, as well as an active member in the community. As a strong supporter of catholic education, Mark has served as the President of the Board of Directors for the Visitation Academy and recently completed three terms on the Board of Directors for Gonzaga College High School.

Tracy Vargo

Tracy Vargo

Principal

As Principal, Tracy's primary focus is on value creation at the portfolio level and maximum value for our investors. Tracy received his undergraduate degree in Real Estate from Penn State. After graduation, he worked as a commercial real estate appraiser in the Washington Metro Area, working primarily on a wide variety of urban and suburban development and repositioning projects for numerous developers and lenders. 

During this time, Tracy completed a Master of Business Administration from the University of Maryland in Finance. After receiving his MBA, Tracy partnered with a friend and fellow UMD alumni to help start a software architecture company specializing in use-case analysis. Tracy and his partners successfully sold  the company after receiving a multi-year contract from a major carrier. 

When Tracy joined the Matan team in 1997, he was able to apply much of this background not only to asset analysis and strategy but also to workflow and reporting. As Matan grew, this base knowledge helped define the company's strategy and organization, leading to much more streamlined due diligence, valuation, underwriting, and competitiveness. Tracy is currently an active Penn State alumni and is the Penn State Arboretum's Fall Festival sponsor, which attracts several thousand attendees annually. 

Scott Cowperthwaite

Scott Cowperthwaite

Principal

As Principal, Scott oversees all of Matan’s financial operations and investor relations, including all accounting, tax, budgeting, audit, cash management, investor reporting and implementation of financial and risk management strategies. He plays a major role in facilitating growth by taking a lead role in corporate financial planning and reporting. Prior to joining Matan more than 20 years ago, Scott served as a manager for a regional public accounting firm, providing audit and tax compliance functions for his clients in the real estate, construction and financial services industries.

Scott holds a bachelor’s degree in Accounting from Mount St. Mary’s University, later becoming a Certified Public Accountant in the state of Maryland. Scott, an active alumni, serves on The Board of Visitors for the Bolte School of Business at Mount St. Mary's University. An active leader in the community, Scott has also served on the Board of Directors for the Frederick County Chamber of Commerce and YMCA of Frederick County. He currently serves on the Finance Committee at the YMCA of Frederick County.

JP Matan

JP Matan

Principal, Director of Leasing

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As the Director of Leasing, JP oversees the day-to-day leasing activities for the Matan Companies’ current portfolio, including all office, lab, and industrial properties throughout the Washington DC metro area. With over 25 years of experience in the real estate industry, JP applies his knowledge, expertise, and client relationship skills to the continued growth and success of Matan Companies.

JP holds a Bachelor of Science degree in Finance from Fordham University. As a native of Washington DC and graduate of Gonzaga College High School, JP continues to give back to his local community and utilize his knowledge of the DC-metro region to enhance the presence of Matan.

Meredith Roark

Meredith Roark

Director of Operations

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As the Director of Operations, Meredith Roark applies her 20+ years of experience in the commercial real estate industry to enhancing the operational efficiency of the Matan organization. Her forward-thinking vision on how to consistently optimize the policies, programs, and processes at our Frederick headquarters continues to propel our growth strategy. Prior to holding this position at Matan, Meredith worked as JLL’s Regional Director for the Mid-Atlantic Region, where she was directly responsible for client relationship management, strategy, and execution of their Property Management business.

Meredith received her Bachelor of Science degree from Frostburg State University.  Among her many achievements, Meredith holds numerous designations, including Real Property Administrator (RPA), Certified Property Manager (CPM), LEED ® Green Associate, Certified Commercial Investment Manager (CCIM) and served as a Golden Triangle Board Member from 2012 - 2015. She now serves as a member of Apartment and Office Building Association (AOBA), Institute of Real Estate Management (IREM), and U.S. Green Building Council (USGBC).

Karl Morris

Karl Morris

Director of Development

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As the Director of Development, Karl applies his 28+ years of experience in construction and commercial real estate to the continued growth of Matan Companies. In his role, Karl manages all aspects of the development process including, but not limited to, entitlements, design team management, general contractor selection, construction and budget management. Karl's long history of managing design teams is reflected the over 4 million square feet of tilt-up concrete office, manufacturing and distribution facility construction he has overseen.

Aside from his directorship at Matan, Karl is also a member of the NAIOP and CoreNet Global. His contributions within the walls of Matan, are matched only by his consistent dedication to service outside the walls of Matan. As a Board Member and President of the Fredericktowne Rotary Club and mentor at the Frederick Rescue Mission, Karl utilizes his leadership skills to improve the quality of life in the surrounding community.

Patrick Sherman

Patrick Sherman

Director of Accounting

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As the Director of Accounting, Patrick brings over 10 years of experience in finance and accounting to assist Matan in maintaining solid financial fitness. Prior to accepting this position, Patrick served as Manager of Assurance Services for RSM US, a global audit, tax, and consulting firm for middle market businesses.

Patrick received both a Bachelor of Science in Accounting and Bachelor of Science in Finance from the University of Maryland, College Park. He is a Certified Public Accountant and serves as a member of The American Institute of Certified Public Accountants and the Maryland Association of Certified Public Accountants.

Jamie Minkler

Jamie Minkler

Director of Acquisitions

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As Director of Acquisitions, Jamie sets acquisitions strategy for the company, as well as sourcing and evaluating all potential acquisitions.  From site selection to contract negotiations, through due diligence and entitlement, he manages the financial and administrative aspects of the acquisition process. With over a decade of experience, he leverages his knowledge of capital markets, financial analysis, and investor expectation to ensure that Matan continues to deliver exceptional risk-adjusted returns for both Matan’s high-net-worth and institutional investors.

Jamie joined Matan in 2015, initially serving as an Associate, building out Matan’s Asset Management and Development report process, designing and constructing models to ensure managers had accurate and dynamic tools to manage investments at both the asset and fund-reporting level.

Prior to Matan, Jamie worked as a Financial Analyst at both B.F. Saul Company and Northmarq Capital. Jamie earned his master’s degree in Professional Studies in Real Estate from Georgetown University with a concentration in Finance and his undergraduate degree from Randolph-Macon College in History.  He is active in several organizations including DC Real Estate Group, the Urban Land Institute, and Georgetown University alumni groups.