public SpatialReference ToSpatialReference()

// Use a builder convenience method or use a builder constructor.

// SpatialReferenceBuilder convenience methods don't need to run on the MCT.
SpatialReference sr3857 = SpatialReferenceBuilder.CreateSpatialReference(3857);

// SpatialReferenceBuilder constructors need to run on the MCT.
ArcGIS.Desktop.Framework.Threading.Tasks.QueuedTask.Run(() =>
{
  using (SpatialReferenceBuilder srBuilder = new SpatialReferenceBuilder(3857))
  {
    // do something with the builder

    sr3857 = srBuilder.ToSpatialReference();
  }
});

// Use a builder convenience method or use a builder constructor.

string wkt = "GEOGCS[\"MyGCS84\",DATUM[\"D_WGS_1984\",SPHEROID[\"WGS_1984\",6378137.0,298.257223563]],PRIMEM[\"Greenwich\",0.0],UNIT[\"Radian\",1.0]]";

// SpatialReferenceBuilder convenience methods don't need to run on the MCT.
SpatialReference sr = SpatialReferenceBuilder.CreateSpatialReference(wkt);

// SpatialReferenceBuilder constructors need to run on the MCT.
ArcGIS.Desktop.Framework.Threading.Tasks.QueuedTask.Run(() =>
{
  using (SpatialReferenceBuilder builder = new SpatialReferenceBuilder(wkt))
  {
    // do something with the builder

    SpatialReference anotherSR = builder.ToSpatialReference();
  }
});