At Makado, we are driven to create residential developments — focusing on the senior population — within communities that have a strong sense of their own identity, and to make a long-term impact within those communities. We believe that residents, families and team members deserve nothing less than physical environments that allow for meaning and purpose on a daily basis.

Our Partners

We partner with organizations that share our commitment to going beyond simply developing properties to creating communities that drive positive economic outcomes and resonate with families, residents and staff.

Our People

Mark Appelbaum

Founding Partner

Mark founded Makado in 2012 and immediately developed the first Makado project, which culminated in a 56-home residential community in Maple Grove, Minnesota. Previously, he was a leader in the tax-exempt lending industry at Piper Jaffray for over 20 years, serving as a managing director in the fixed income department, as well as on the firm leadership team and Department Operating Committee.

Mark has been the vision behind the growth of Makado, which has resulted in the creation of vibrant communities — primarily focused on the aging population — that have enriched the lives of residents, their families and the communities in which they reside.

Mark grew up in the Twin Cities and has lived and traveled abroad. He graduated cum laude from Boston University and with academic distinction from Thunderbird School of Graduate Management. He has served in numerous volunteer leadership capacities over the past 20 years, including his current role as board secretary of the Minneapolis Jewish Federation and recent service as its immediate past treasurer. He also serves on the Global Partnership Council of an international sister city enterprise.
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Debra Glassman, CPA

Project Accountant

Debra has served in a number of financial executive positions, both in public accounting and private industry. For more than 20 years, she held the positions of chief financial officer, director of human resources and human resources product manager with an industry leader in hospitality workforce management.

As an expert in small business accounting and human resources/labor law compliance, Debra also provides contract services to restaurants and technology and service industry clients. In addition, she has served as the president, treasurer and human resources advisor for a local independent K-8 school over the past 12 years.

In her role with Makado, Debra oversees project accounting functions — from start of construction to stabilization — including construction draws and budget supervision. She interfaces with title companies, lenders, general contractors, architects and other service or goods leaders involved with the construction process.

An active licensed CPA since 1983, Debra graduated with a bachelor of science in business and accounting from the University of Minnesota.
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