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Abbot G. Apter

Since co-founding Mercury Investment in 1995, Abbot has worked closely with the investors of Mercury. More than twenty years experience in law and investments provides Abbot with valuable perspective for the Mercury commercial, multi-family, and hotel real estate investments. Prior to Mercury, Abbot led another investment firm, the Whitecliff Group, a real estate opportunity fund that also focused on apartment and hotel properties.

Prior to his current position, Abbot practiced law with the Fryberger, Buchanan, Smith & Frederick, P.A. law firm. Before joining the law firm, he clerked for the Honorable Gerald Heaney of the Eighth Circuit Court of Appeals.

Abbot is an honors graduate of the University of Minnesota and the University of Minnesota Law School.

Maureen A. Spanier

In 1995, Maureen co-founded Mercury Investment where she manages the business finances, and asset management of the multifamily properties. Prior to that, Maureen was Chief Financial Officer at another investment firm, the Whitecliff Group, a real estate opportunity fund that focused on apartment and hotel properties. She also worked in financial planning at Bankers Systems and cost accounting at Control Data. With each new investment opportunity she is able to draw upon her extensive real estate related base of insights into the financial aptitude of the Mercury businesses.

Maureen is a graduate of the College of St. Catherine and the Thunderbird Graduate School of International Management.

Karen M. Stelmak

Karen rounds out the Mercury team with a strong operations, marketing and asset management background. She has developed an ability to oversee renovations and reposition properties for maximum profitability. Karen oversees the asset management of the hospitality related Mercury properties.

Karen joined Mercury in 2006, but her affiliation with them began much earlier through professional partnerships. While working with ZMC Hotels, Karen was instrumental in overseeing the operation and eventually negotiating the sale of 10 Mercury-owned properties late in 2005. After the sale Karen knew it was the ideal time to join Maureen and Abbot with whom she shares a passion for the business and a reputation for making things happen.

Karen graduated from the University of Minnesota, Duluth with a bachelor's degree in business administration and has since shared her expertise with several organizations including chamber and tourism boards and the national Hampton Inn Operations Council.

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