Melvin James Berman (14 January 1915 – 20 February 1996), was a prominent land developer and real estate owner in the Washington DC area.
[2] While he came from wealth, the Depression convinced him to seek his own fortune up north and he hitchhiked to Baltimore, working in the dairy business for his uncle.
When Melvin was 18 months old, his family moved to DeFuniak Springs, a small town on the Florida Panhandle near the Alabama border.
Rouse's attorney Jack Jones set up a grid system to secretly buy land through dummy corporations to keep costs low.
[25] 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.
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.
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.