Berman Enterprises is a multi-generational real estate and investment holding company founded on the principles of honesty, integrity, hard work, hands-on management, community and philanthropy. Employing a conservative financial strategy, Berman Enterprises has experienced sustained growth since brothers Melvin J. Berman and I. Wolford Berman founded the company in 1952.
Today, the Company and its affiliates own and manage more than 9 million square feet of commercial office, retail, industrial/flex and residential properties in Maryland, Virginia, Illinois, North Carolina and Pennsylvania. The Company also owns several hundred acres of developable land representing thousands of units of residential and hundreds of thousands of square feet of commercial and retail development potential. Berman Enterprises maintains a very strong balance sheet with conservative debt ratios (many properties are held free and clear) with a focus on controlled, prudent growth. With significant cash on hand for investments, real estate acquisitions during depressed market periods and value add repositioning of these assets has become the core competency of the Company.
In addition to its real estate activities, the Company has interests in private equity, ownership and management in commercial mortgages, retail businesses, venture capital and international business consulting.