Baltimore State of the Market

Mr. Gibbons became Chairman of the Board in October, 2010. Since joining the company in 1999, Mr. Gibbons has overseen the acquisition, finance, leasing, development and management of over 8,000,000 square feet of award-winning mixed-use and revitalization projects with a value in excess of $1.2 billion. Major Greenberg Gibbons projects led by Mr. Gibbons include: Ground up development of Village at Waugh Chapel and Waugh Chapel Towne Centre in Anne Arundel County, MD The redevelopment of Hunt Valley Mall, now known as Hunt Valley Towne Centre in Baltimore County, MD Annapolis Towne Centre at Parole in Annapolis, MD Edgewater Village Center in Anne Arundel County, MD Woodmore Towne Centre in Prince George’s County, MD Towne Centre Laurel in Laurel, MD Foundry Row in Owings Mills, MD Prior to joining Greenberg Gibbons, he was a Partner and member of the management committee of Fedder and Garten, P.A., a Baltimore, Maryland law firm. Mr. Gibbons earned a Bachelor of Arts Degree in Social Sciences and a Juris Doctor Degree from the University of Maryland. He is a member of the International Council of Shopping Centers and serves on the boards of Sinai Hospital, Hospice of the Chesapeake, and the University of Maryland at Baltimore. In 2013, Mr. Gibbons received the Distinguished Citizens Award from the Boy Scouts of America’s Baltimore Chapter for exemplifying strong community leadership and personal integrity. Most recently, he was named to the State of Maryland’s Private Sector Economic Development Commission, a group formed to recommend strategies to help map the future growth of Maryland’s economy.

Timothy Hogan is a 20-year veteran of the real estate industry, with specialized experience in financing, acquisition and disposition, and the redevelopment and repositioning of land assets. Founded in 1985, Hogan celebrated its 30th year in business in 2015, and is known as the pre-eminent land consulting, advisory, and brokerage firm in the State of Maryland. In addition to his responsibilities as President, Mr. Hogan manages Hogan’s land investment platform where Hogan acquires and develops for its own account and on behalf of its investors. Mr. Hogan supervises all land transactions, land acquisition and assemblage, supervision of zoning and entitlements, engineering and permitting, and budget management. His many land development projects span several real estate sectors to include residential, commercial, industrial, hospitality, and mixed use, as well as affordable housing. Hogan acts as development manager on approximately 50 real estate development projects across 9 different jurisdictions in the Washington DC metro area and one residential PUD in the Carolinas. Mr. Hogan holds a B.S. in Finance from the RH Smith School of Business at the University of Maryland College Park where he graduated Magna Cum Laude and was nominated as the Commencement Speaker. He is an active member of the Economic Club of Washington, the National Association of Industrial and Office Properties (NAIOP), the Maryland Building Industry Association (MBIA), and the Urban Land Institute (ULI). Mr. Hogan has been with Hogan since 1999. Prior to joining the Hogan, Mr. Hogan worked with Rodgers Consulting in Montgomery County, Maryland and Ridgecrest Investments in Frederick, Maryland.

Daniel Klein is the President of Klein Enterprises, a 4th generation developer, owner, and operator of commercial real estate throughout the Mid-Atlantic Region. Daniel began his official career in real estate leasing and development in June of 2004. However, he first began familiarizing himself with the industry in the summer of 1996, assisting the maintenance crew sweeping parking lots and cleaning the centers. In his role as President, Daniel is responsible for the company’s overall performance, managing debt & equity, leasing, asset management, development & acquisitions, with a focus on sustaining the company’s existing portfolio while continuing long-term growth. Daniel is an active member of YPO (Young Presidents’ Organization), a network of young, passionate corporate presidents, CEOs, and managing directors who look to exchange ideas and work practices. Additionally, Daniel is an active member of the International Council of Shopping Centers and the Urban Land Institute. In the community, Daniel serves on the Board of Trustees and is Chair of the Facilities Committee for The Park School; is a member of the Board of Directors for the University of Baltimore Foundation; and is on the Board of Directors for The Associated: Jewish Community Federation of Baltimore. Before joining Klein Enterprises, Daniel worked as a broker and real estate investor in Massachusetts while studying at Boston University, where he earned his BS in Communications with a concentration in economics. He holds a Real Estate Broker’s License in Massachusetts, as well as a Real Estate Salesperson’s License in Maryland. As the fourth generation of experience, Daniel carries with him, into this next decade of success, some cherished advice from his late grandfather, Philip E. Klein, “Always remember that talent gets you nowhere, if you don’t apply yourself and put in the hard work to produce something”. In his spare time, Daniel enjoys exploring the world, spending time outdoors, listening to music, and chasing his children – Mia and Philip – with his wife, Anna.

Chris Mudd represents local, regional, and national clients in all stages of the land development process, from beginning to end, in multiple jurisdictions in Maryland, including Baltimore County, Baltimore City, Carroll County, and the city of Westminster. Chris has experience with negotiating purchase contracts and lease agreements, analyzing title issues, assessing zoning and land use issues, navigating state and local administrative approval processes, and assisting clients with development project close-outs and permitting. He also works on administrative appeals of land use decisions, from the local appeals board through the Maryland Court of Appeals, and lends support on other real estate related litigation.

Ms. Abrahams' career in public housing administration spans more than 20 years in which she has played key roles in developing innovative approaches to improving affordable housing communities and the quality of life for its residents. During this time, she served at three large housing authorities including the Chicago Housing Authority (CHA), the Newark Housing Authority (NHA), and most recently the New York City Housing Authority (NYCHA), the largest housing authority in the nation. At NYCHA, Ms. Abrahams had the privilege of being the first Senior Vice President for NextGeneration Operations, a strategic property management program designed to improve maintenance and repair service at targeted developments. The success of the program is attributed to her leadership, the collaboration with public housing residents, and increased staff accountability. Ms. Abrahams' portfolio included direct management of 67,000 units in 57 consolidated developments with a budget in excess of $70 million. Prior to joining NYCHA, Ms. Abrahams served for almost 10 years as Chief Operating Officer at the Newark Housing Authority, the eleventh largest public housing authority in the nation, where she managed all agency operations. Before Newark, she was Assistant Director of Operations at the Chicago Housing Authority, the country's third largest housing authority. Ms. Abrahams holds a Bachelor of Science degree from Norfolk State University and a Master's degree in Public Administration from Kean University.

P. David Bramble dedicates his time to sourcing transactions, financial structuring and overseeing project underwriting & execution. A corporate and real estate attorney by training, David brings a deep knowledge of all aspects of the real estate cycle. Prior to MCB, David served as the Director of commercial lending for a regionally based full-service lending firm, which he co-founded in 2000. Prior to devoting all his time to commercial real estate investment, David practiced law in the transactions group of a D.C.-based international law firm, where he provided corporate and real estate advisory services. His practice focused on complex workouts, primarily in the real estate and financial products space. David currently serves on the advisory board to the Brown School of Business and Leadership at Stevenson University and the Foundation Board of the Mt. Washington Pediatric Hospital. David has also served on the Board of Directors of a federally chartered bank, served as a Commissioner on the Maryland racing commission as well as on the Boards of multiple real estate and non-real estate related charitable organizations. David received his J.D. from the University of Pennsylvania, and an A.B. from Princeton University.

As the President and Managing Partner of Pinkard Properties, Ms. Pinkard oversees the daily operations of the certified woman-owned firm, including leading the team for Asset and Property Management. Over the past several years, she has grown the firm from a start-up to a robust book of management, brokerage, development, and consulting clients. From local developers such as Caves Valley Partners, to large public companies such as Element Fleet Management, Ms. Pinkard has leveraged the firm’s talented and experienced staff to create lasting partnerships with major players in the Maryland real estate market. A strong proponent of giving back to the local community, she has also developed a niche providing brokerage, management, and consulting services to a host of nonprofit clients as well. Ms. Pinkard has efficiently managed significant capital planning and upgrades to large urban and suburban office and retail properties across the company’s footprint. An active member of CREW, BOMA, and NAIOP, she has developed extensive relationships within the industry to ensure that all clients receive top-of-the-line service using the latest information, technology, and strategies. Prior to founding Pinkard Properties, she worked at PNC Bank Wealth Management in asset management for high net worth and ultra high net worth investment management private clients, foundations, and institutions with accounts ranging from $1 million to $250 million. She worked to ensure accurate and timely service and reporting to all clients, while developing lasting relationships as a trusted advisor. While at PNC, Ms. Pinkard graduated from the American Bankers Associated National and Graduate Level Trust Schools. Ms. Pinkard holds an MBA from the Johns Hopkins University Carey Business School and a BA from Georgetown University. She is a licensed real estate salesperson in Maryland. Ms. Pinkard was named one of Baltimore's Leading Women by The Daily Record, named to the Daily Record’s VIP List: Successful Before 40, and won the Spirited Woman Rising at the Spirited Women of Baltimore Awards. Ms. Pinkard is currently the Chairwoman of the Homewood Museum Advisory Board and serves as Vice Chair of the board of the American Red Cross Greater Chesapeake Region.

Daniel Bythewood, Jr., President and Co-Founder, is also Managing Partner of La Cité Development, LLC, a privately held real estate development firm specializing in residential and mixed-use multi-family development as well as mixed use residential/commercial properties. Mr. Bythewood is responsible for all aspects of development and finance inclusive of raising private capital for his development projects which span from ground-up new construction to acquisition rehab properties, Mr. Bythewood is global and seasoned entrepreneur in the United States, Montenegro, Ghana, and other territories within Europe, and Africa. He has extensive experience in the real estate development and investments within numerous markets. Over the past 15 years he has developed, financed, constructed, structured debt and awarded grants, negotiated partnerships, public/private partnerships, and closed senior loans for his real estate development projects. Mr. Bythewood has also overseen the master planning of entire urban communities, that legislated structured TIF and Pilot agreements for his developments. Mr. Bythewood has overseen developments from initial concept through construction completion, renovation and lease-up of properties ranging from Harlem, through Baltimore and Long Island. Prior to founding La Cité Development, Mr. Bythewood Jr. was an Acquisitions Manager at New York Equity Fund(NYEF), a division of the National Equity Fund, the largest syndicator of tax credits in the 1990s in New York City. While at the NYEF, Mr. Bythewood managed the financing and administration of large development and disposition programs within the NYC Department of Housing Preservation and Development for its main disposition programs: Neighborhood Redevelopment Program (NRP), Neighborhood Entrepreneurs Program (NEP), and Neighborhood Homes Program (NHP). Many of the projects developed by NYEF involved the rehabilitation of both vacant and occupied buildings, with several projects requiring substantial relocation of building residents. These projects, located within the Central Harlem and Brooklyn neighborhoods, that served as catalysts for the redevelopment of these neighborhoods. He was also in charge of the $1.5 billion dollar portfolio where he managed the investment in excess of $150 million in tax credit equity. The multi-faceted nature of managing NYEF’s tax credit portfolio allowed Mr. Bythewood to fully utilize the skills he gained from overseeing: joint venture partners, public-private partnerships, complex financing structures, institutional banking relationships, traditional and non-traditional lenders, tax credit allocating agencies, and city governments. He is also an advisory board member of Carver bank and was a member of the CGNY (NY citizens budget committee for 4 years).

Mukang Cho founded Morning Calm Management and is the firm’s Chief Executive Officer and Managing Principal. Prior to joining Morning Calm Management, Mr. Cho was Chief Executive Officer and Principal of In-Rel Properties, a Managing Principal in charge of real estate strategy at Crown Capital Management and its affiliates, and a partner in the real estate practice group of Kirkland & Ellis. He began his career as a corporate attorney at Cravath, Swaine & Moore and then served as a principal of Trifecta, a distress focused middle market investment firm. In his capacities as principal and advisor, Mr. Cho has successfully completed hundreds of transactions with an aggregate value in excess of $100 billion. Mr. Cho is a member of the President’s Council of The Real Estate Roundtable and the Cornell Real Estate Council. He is also a Vice Chairman of the Medical Peace Foundation, a non-profit organization started by his late father which develops free medical centers around the world. Mr. Cho graduated with a J.D. from Harvard Law School and a B.A. From Cornell University (with distinction). Morning Calm Management is a real estate investment firm with a focus on special situation investing and commercial real estate credit. Through its affiliates, the firm owns and operates approximately 10 million square feet of commercial real estate throughout the United States and manages a series of separate accounts, funds and ventures for its equity and credit strategies.

With more than 20 years of experience as an architect and designer, Dustin Watson, has overseen projects ranging from small retail repositioning projects to shopping malls, town centers, large scale urban mixed-use development, high rises, and resort destinations worldwide. He is best known for creating dense, richly detailed, sustainable, mixed-use environments, streetscapes, and neighborhoods with layers of texture, designed to work together to create a true experience and a memorable sense of place. As the founder of inPLACE Design, he is passionate about designing spaces that are both memorable and engaging. Tackling some of the largest, most prestigious planning and mixed-use retail assignments worldwide, Watson’s work spans the globe to include projects from the Ridgmar Mall redevelopment in Fort Worth Texas, Wayward Smokehouse/Curious Oyster in White Marsh Maryland, and the award-winning project Royal Venya Resort in Bali Indonesia. He works closely with developers who understand the importance great places have on the value of their assets. As a global expert who is passionate about designing spaces that are both experiential and inspiring, he is a frequent speaker at top industry conferences and contributing author for numerous trade publications. Additionally, Watson is a member of the Urban Land Institute (ULI), International Council of Shopping Centers (ICSC), the American Institute of Architects, and serves on the board of the Neighborhood Design Center.