Makers Line owner lists East Bench home for sale 7 months after company’s collapse

Sign up to get free Building Salt Lake emails in your inbox. Need more? Building Salt Lake Pro and Premium Members can search for any building permit in Salt Lake City. Stay in the know in the market by becoming a Member today.

The East Bench home of the owner of the Makers Line general contracting company that abruptly collapsed in October, hit the market on Thursday. 

The listing is the latest event in the wake of the stunning collapse of Makers Line, once one of Utah’s fastest-growing construction companies before its demise, and the latest move by Winkler to sell a property associated with him after the collapse.

Makers Line left behind a trail of unpaid bills tallying up to millions of dollars when Winkler shuttered the company and a long list of subsidiaries and laid off hundreds of employees on Oct. 28.

Two days later, the Winklers transferred the property to Gregg Pacchiana, a relative of Winkler’s wife and business partner Ellen Winkler, according to county records. The deed transfer didn’t indicate a sales price, and no sale is marked in the Wasatch Front Multiple Listing Service.

On Nov. 16, Pacchiana lent $3 million to one of the Winkler’s projects on Salt Lake City’s west side. It’s not clear whether the loan and sale of the Winkler home are linked, and Jason Winkler didn’t answer that question on Thursday.

The Winklers bought the home shortly after moving to Salt Lake City from Denver, when they began developing in the Granary District. Their first project, Industry SLC, finished in 2020 and leased up quickly despite the emergence of COVID-19 and surge of remote work.

They scaled up and added more businesses under the umbrellas of Makers Line, a vertically integrated general contracting company, and Q Factor, a development and property management company. The Winklers owned both enterprises before folding most of them up late last year.

The listing provides a peek into one of the Winklers’ homes as their development and affiliated businesses in Utah fell apart after a meteoric five years.

They conducted a $375,000 renovation on the interior of the home that started in 2018, according to city permits. The work added an “unparalleled blend of luxury and comfort” to the 6,850-square-foot home, which was originally built in 1977, according to the listing.

UtahRealEstate.com
UtahRealEstate.com

“From the custom steel door entrance, to the floor-to-ceiling windows offering stunning city views, every aspect of this home has been crafted with care and attention to detail,” the listing says.

Ashley Park, a Realtor with the Sugar House-based brokerage Plumb & Company Realtors, is handling the listing. The five-bedroom, seven-bathroom home hit the market for $3.75 million.

Employees told Building Salt Lake for months after being laid off from Makers Line and other companies that they hadn’t been paid money they were owed, and creditors piled on lawsuits and liens on development projects affiliated with Makers Line. Several former employees have since said they were paid.

When they transferred the house to Pacchiana, the Winklers included “all personal property and fixtures located within said real property,” the county record shows.

“Touch refrigerators, double dishwashers, double ovens, a Butler’s pantry, and a massive leathered granite island with custom walnut and metal cabinets adds a unique touch,” the listing says.

MLS records confirm the home was transferred in a “non-arms length” transaction, which is a sale involving related parties.

It’s unclear whether the home was staged or if it’s decorated with the Winklers’ belongings, though staging seems unlikely. Listing photos show art that was made by the same artist who painted a mural in the auditorium at Industry SLC.

It’s also not clear if the home has been vacant or occupied and for how long over the past seven months.

UtahRealEstate.com

“Stepping outside, the in-ground saltwater swimming pool, perfectly manicured landscaping, and multiple private patios create an oasis for relaxation and outdoor entertaining, while backing up to BLM lands provides exceptional privacy,” the listing says.

The property sits at the eastern edge of Salt Lake City’s boundaries. Rather than public land to the east, the property abuts private land in unincorporated Salt Lake County, county records show.

The home also has a walk-in wine room, gym, three-car garage and multiple fireplaces.

The Winklers also sold a vacation home near Pineview Reservoir in Weber County last year. They also sold the sprawling warehouse owned by their Forge Metals subsidiary on Dec. 22. Ellen Winkler still co-owns a duplex near the Brickyard neighborhood that isn’t on the market.

It’s not clear what presence the couple will maintain in the valley or state moving forward. The companies that fell under the Makers Line umbrella have been shut down. Q Factor has made its website private as of Friday morning.

Sign up to get free Building Salt Lake emails in your inbox. Need more? Building Salt Lake Pro and Premium Members can search for any building permit in Salt Lake City. Stay in the know in the market by becoming a Member today.

UtahRealEstate.com
UtahRealEstate.com
UtahRealEstate.com
UtahRealEstate.com

Posted by Taylor Anderson

Taylor Anderson grew up near Chicago and made his way West to study journalism at the University of Montana. He's been a staff writer for the Chicago Tribune, Bend Bulletin and Salt Lake Tribune. A move from Portland, Oregon, to Salt Lake City opened his eyes to the importance of good urban design for building strong neighborhoods. He lives on the border of the Liberty Wells and Ballpark neighborhoods.