About Us

The mission of Aspen Group Real Estate is to provide our clients with professional expertise through integrity, innovation, opportunity and service. We welcome you to review the profiles of our professionals as well as our recent real estate transactions below:




Mathew Reichert, CCIM, Broker, Partner, and Founder

E-mail Me

The Aspen Group was inspired by the desire to provide real estate service in the Central Plains that specialized in commercial development, leasing, property management, business sales, building and land sales, construction management and consulting. Headquartered in Bismarck, North Dakota, the Aspen Group was founded in 1999 by Mathew Reichert (Broker-Partner) continuing his tradition of supplying high quality real estate services to the region.


Mathew has practiced commercial real estate since 1992. Previously, he spent five years employed by Cargill Incorporated in Minneapolis, MN and Beaumont, Houston, TX, where he worked in sales and marketing. His commercial real estate career began in Minneapolis with the Ackerberg Group. Mathew relocated to Bismarck and continued his commercial real estate business with Oaktree Realtors, maintaining his license in Minnesota. Mathew has received his CCIM (Certified Commercial Investment Member) designation, which is a graduate degree level designation in commercial real estate. Mathew has developed retail, multi-family, office and warehouse properties.


Working with a wide range of tenants, owners and investors, Mathew's client list includes:

I. Keating Furniture, Erbert and Gerbert’s Restaurant, Home Depot, Basin Electric Cooperative, The Bismarck/Mandan Chamber, U S Bank Systems, Office Max, Checker Auto Parts, Petco, Ingram Entertainment, Burlington Northern Santa Fe Railway (BNSF), Blue Cross Blue Shield, Ace Hardware, Georgia Carpet Outlet, Job Service of North Dakota, Ducks Unlimited Inc., Roadway Packaging Systems (RPS), Yellow Freight Systems, Enterprise Rent A Car, Carquest Auto Parts, Caribou Coffee, Play It Again Sports, The Tile Shop, Internal Revenue Service (IRS), Quiznos Subs, Interstate Battery, Big Wheel Rossi Auto Parts, Progressive Insurance, Curves for Women, Edward Jones Investments, BeautyMart, State Farm Insurance, State of North Dakota, Chemlawn, MedCenter One Health Systems, Casey Family Foundation, St. Alexius Prime Care, Darden Restaurants, Olive Garden, Red Lobster, Longhorn Steakhouse, Dakota Carrier Network (DCN), MACs Hardware, Kirkwood Bank and Trust, Westcon Industries, Jerome Distributing, Montana Dakota Utilities, Bismarck Public Schools, Mandan Public Schools, Applebee’s Restaurants, Chili’s Restaurants, Gagnon Inc., Butler Machinery, Northern Improvement Company, Structural Materials, Inc., Harlow’s Bus Co., Kupper Chevrolet and Ruby Tuesdays.

Scott Ritter, Commercial Realtor, Broker Associate and Partner

E-mail Me

Scott joined the Aspen Group as a Commercial Realtor to advance the company’s focus on commercial property and attention to detail. Scott brings his knowledge of business, marketing, and customer relations to bolster the Aspen Group’s vision of strength and stability. Prior to joining the Aspen Group, Scott worked in the insurance and banking industries with State Farm Insurance and Wells Fargo Financial.


A Bismarck native, Scott is a graduate of St. Mary’s Central High School and of the University of Mary with a degree in Business Administration. He is currently enrolled in the MBA Program at the University of Mary, with a focus in Management.


Scott enjoys volunteering and is involved in incorporating business practices into the classroom as an instructor for the Junior Achievement Program, is a member of the Missouri Basin Toastmasters at Basin Electric and is actively involved with the St. Mary’s Central High School Booster Club.



Jessica Knutson, CCIM, Commercial Realtor and Partner

E-mail Me

After practicing law and working in her family’s commercial real estate business for a number of years, Jessica combines these skills with the Aspen Group to provide an existing and growing client list with high quality commercial real estate brokerage services.


Practicing law at the Rodenburg Law Firm in Bismarck, North Dakota provided Jessica with experience and knowledge in consumer and commercial transactions, litigation and negotiations which she now utilizes to deliver high quality Buyer/ Seller and Landlord/ Tenant representation services.


A native of Bismarck, ND and a graduate of St. Mary’s High School, Jessica attended the University of North Dakota and received her B.S. in Psychology in 2004. She graduated from the University of North Dakota School of Law with a Juris Doctorate in 2007.


In her free time, Jessica enjoys running, traveling, horseback riding, scuba diving and spending time with her family and friends. Jessica is a member of the Big Muddy Bar Association and the Bismarck Mandan Board of Realtors. She received her CCIM (Certified Commercial Investment Member) designation, which is a graduate degree level designation in commercial real estate. She volunteers with Special Olympics.



Steve Ilse, Director of Business Brokerage and Partner

E-mail Me

Steve’s experience spans 30 years as an entrepreneur who has successfully worked in the Bismarck/Mandan area, North Dakota and the surrounding states of South Dakota, Montana and Minnesota. Steve’s career is highlighted by his client relationship skills and his ability to sell multiple businesses and real estate.


Steve specializes in helping businesses achieve value pricing, proper structure, in-depth investigation and effective negotiation when selling/buying a business or real estate. His professional experience in Sales/Marketing uniquely qualifies him to find the right person or organization to purchase your business or real estate. His extensive contacts throughout the Midwest give him the ability to quickly assess your needs and locate potential buyers or sellers regardless of the size.


Steve has a Bachelor of Science Degree in Business Administration from Dickinson State University. He is a licensed REALTOR® in the state of North Dakota and is a member the Bismarck-Mandan Board of Realtors, the National Association of Realtors and the International Business Brokerage Association. Steve has completed all the necessary courses for The Certified Business Intermediary CBI designation. Steve is also a graduate of Business Brokerage School of Greensboro, NC.




Michael Ilse, Commercial Realtor, Business Broker Associate and Partner

E-mail Me

Michael joined the Aspen Group team in January 2010 as a business broker to help develop Aspen Group’s new branch of Business Brokerage. Before joining the Aspen Group Michael did extensive work for a multiple of non-profit organizations throughout the state of North Dakota. Michael has now turned his focus to providing the highest quality service and expertise to Aspen Group’s Business Brokerage division.


Michael, born and raised in Bismarck, ND, graduated from Bismarck High School in 2003. After graduation, Michael enrolled at Bismarck State College where he received an Associate in Applied Science degree in 2005. After graduating from Bismarck State College, he earned a Bachelors in Business Administration with a major in Business Economics from the University of North Dakota in Grand Forks.


Michael is a member of the Bismarck-Mandan Chamber of Commerce and the Bismarck-Mandan Young Professionals Network. In his free time Michael enjoys spending time with family and friends while staying active in volunteer events such as the Special Olympics.



Liz Spaeth, Office Manager

E-mail Me

Liz joined the Aspen group in March of 2017 as our Office Manager. Liz brings almost 10 years of experience working in an office setting. Prior to joining the Aspen Group team, Liz worked for the North Dakota Attorney General’s Office as an Administrative Assistant II and JM Grain, Inc. as the Truck Logistics/Marketing/Quality Control Manager.


Liz is from Garrison, ND, and a graduate of Garrison High School. After high school, Liz went to Minot State University where she received her Bachelor’s degree in Business Management, Marketing, and International Marketing. Liz is currently enrolled in classes to become a realtor in North Dakota.


Liz enjoys spending time with her family, golfing, reading, and travelling. Liz is also a member of the Central Dakota Human Resources Association.



Marina Brackel, Agent and Office/Marketing Assistant

E-mail Me

Marina joined the Aspen Group as their Office/Marketing Assistant in June 2014 and obtained her real estate license in July of 2015.


Prior to joining The Aspen Group, Marina was employed with Edgewood Vista as an administrative assistant, providing day-to-day customer service to residents and visitors. Previously, Marina was with The Bismarck Tribune/Bismarck-Mandan Finder as a graphic designer, where she put her love of business-building, event promotion and creativity on newsprint.


Marina is actively involved in the Bismarck-Mandan community through various volunteer opportunities including: Dakota Zoo, Young Professionals Network and the Bismarck/Mandan Elks. Marina was chosen as the Bismarck/Mandan Elk of the Year in 2009 and North Dakota Elk of the Year for 2009-2010.


In her free time, Marina enjoys traveling, reading, cooking and attending community events.



Carrie Avalon, Director of Property Management and Agent

E-mail Me

Carrie joined Aspen Group Property Management in December 2013, and is responsible for handling all aspects of property management. She skillfully manages a range of company services, including tenant relations, overseeing the day-to-day operations, administration, property maintenance and inspections, capital improvement planning and contract negotiations. Properties managed include: office, retail, multi-family, residential and commercial condominiums, warehouse and industrial properties and storage facilities.


Carrie has been involved in property management since 2009, real estate since 2007, and property insurance since 1996.


Prior to joining Aspen Group, Carrie’s career included managing property for Goldmark, marketing and sales for Alliance Real Estate, and additional marketing and sales experience as an agent for Allstate Insurance.



Todd Wood, Director of Sales & Marketing of Property Management

E-mail Me

Bio Coming Soon

FEATURED LISTINGS