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Business Details
27 Years
experience
Your Trusted Commercial Real Estate Partner in Bismarck, ND
Aspen Group is a full-service commercial real estate brokerage firm founded in 1999 by Mathew Reichert, a Broker/CCIM/Partner with deep roots in the Bismarck/Mandan area. Our mission is to exceed customer expectations through positive action, creative solutions, and an unwavering commitment to excellence. We specialize in commercial brokerage, business brokerage, and construction management, leveraging over six decades of combined experience to serve clients in Bismarck, Mandan, and surrounding North Dakota communities. Our team of licensed professionals prioritizes market expertise, ethical practices, and personalized service to ensure successful property acquisitions, dispositions, and business transactions. We pride ourselves on understanding the local real estate landscape better than any other firm, offering strategic guidance for buying, selling, leasing, and developing commercial properties.

Our construction management services provide end-to-end oversight, ensuring projects are completed on time, within budget, and to the highest standards. With a focus on integrity, innovation, and service, we build long-term relationships by delivering results-driven solutions tailored to each client's unique needs. Our track record includes facilitating complex business sales, managing large-scale construction projects, and representing clients in commercial real estate negotiations. We uphold the highest industry standards, integrating market analysis, risk mitigation, and client communication to achieve optimal outcomes. Aspen Group remains committed to growing as a trusted leader in commercial real estate and business brokerage, driven by our dedication to the communities we serve.
Services
Commercial Brokerage Business Brokerage Construction Management Property Leasing Real Estate Consulting
Details
  • Year established: 1999
Highlights and features
  • We offer 25+ years of experience in commercial real estate and business brokerage.
  • Our team holds industry-recognized certifications like CCIM for specialized expertise.
  • We provide integrated services spanning real estate, business sales, and construction management.
  • Clients praise our market knowledge and personalized approach in Bismarck/Mandan.
  • We guarantee end-to-end project management for construction and property transactions.
Associations and certifications
  • CCIM (Certified Commercial Investment Member)
What people say
Friendly and helpful True gentleman Exceeded expectations Great to work with Professional guidance
Services
Commercial Brokerage
We specialize in buying, selling, and leasing commercial properties including retail spaces, office buildings, and industrial structures. Our team conducts market research, negotiates terms, and facilitates transactions to meet client investment goals. With deep local market knowledge, we help businesses and property owners achieve optimal outcomes in Bismarck, Mandan, and surrounding areas.
Business Brokerage
Our business brokerage service assists owners in selling businesses and buyers in acquiring profitable ventures. We provide business valuations, identify potential buyers, negotiate terms, and manage transaction complexities. With six decades of combined experience, we ensure confidential, seamless transitions while maximizing value for all parties involved.
Construction Management
We offer end-to-end construction management for new builds and renovations. Our services include budget coordination, design review, contractor bidding, and on-site project management. We ensure ethical, cost-effective execution of projects ranging from medical centers to retail spaces, completing them on time and within budget for public and private sector clients.
People
Mathew Reichert
Founder, Associate Broker, CCIM, Partner
Mathew Reichert founded Aspen Group in 1999 and brings over 25 years of commercial real estate expertise. As a CCIM-certified broker, he specializes in strategic property transactions and business sales, combining market insight with ethical practices to deliver client-focused solutions.
Michael Ilse
Broker, Commercial REALTOR, Partner
Michael Ilse is a licensed broker and partner at Aspen Group, focusing on commercial real estate transactions. With extensive experience in property leasing and sales, he provides clients with market-driven strategies and personalized service to achieve their investment objectives in North Dakota's competitive markets.
Steve Ilse
Commercial REALTOR, Partner
Steve Ilse is a partner and Commercial REALTOR specializing in business brokerage and property sales. Known for his professionalism and client-centric approach, he guides clients through complex transactions, ensuring seamless processes and successful outcomes aligned with their long-term goals.
Charles Reichert
Partner, Commercial REALTOR
Charles Reichert is a partner and Commercial REALTOR with expertise in commercial property transactions. He collaborates with clients to identify investment opportunities, negotiate favorable terms, and execute strategic real estate solutions tailored to their business needs.
Liz Spaeth
Office Manager, Commercial REALTOR
Liz Spaeth serves as Office Manager and Commercial REALTOR, combining administrative leadership with real estate expertise. She supports clients in property transactions while managing operational excellence at Aspen Group's Bismarck office.
Questions
What services does Aspen Group offer?
We provide commercial brokerage, business brokerage, and construction management services, specializing in property sales, leasing, business acquisitions, and end-to-end construction project oversight.
Which areas do you serve?
We primarily serve Bismarck, Mandan, and surrounding communities in North Dakota, with expertise in local market dynamics and commercial real estate trends.
How does Aspen Group help businesses sell?
We conduct business valuations, identify buyers, negotiate terms, and manage transactions to maximize value while ensuring confidentiality and seamless transitions for sellers.
What construction management services do you provide?
We oversee new construction and renovations, including budget coordination, design review, contractor bidding, and on-site project management to ensure timely, budget-compliant delivery.
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