BEFORE THEY WERE STARS

B'more's CRE pros weren't always so glamorous. Before they knew how to rock a title insurance policy or play lease limbo, the folks below had to start lower. Today we take a look at where they began.
In 1990, this would have been Continental Realty CEO JM Schapiro. In college, he worked at Aspen's Hotel Jerome, one summer in the purchasing office and the next as a bellman. He says he learned teamwork (making sure the chef gets the fresh food he needs, for example—no one wants to face an angry Gordon Ramsay),reciprocity (tip well and you get better service), and relationships(get to know the bartenders and kitchen staff). JM still heads back to Aspen (summers are best, he says) and runs into his old bosses. His old GM, who has just returned to that post, tells him a $35M renovation will deliver Dec. 15.

Manekin development director Cole Schnorf got his first taste of professional responsibility as a janitor's assistant at Camp Zama's US Army Hospital, 25 miles southwest of Tokyo, during Vietnam. His dad was a Lt. Colonel there, and Cole vacuumed, dusted, and mowed the grass around the officer's club. Back in Northern Virginia, he spent his summers doing construction work and then went into the Army himself for four years after college (he hasn't changed a bit). Life has become a bit more stable since then, as Cole celebrates his 26th year at Manekin.

Brown Craig Turner Architects principal Bryce Turner spent his junior and senior years of high school in Roanoke getting up when most kids go to sleep, sorting mail at the Post Office from 4:30 to 6:30am. Why on earth? The job paid $5/hour, big bucks in the '70s. He used the winnings to buy one of these babies, a Mustang II Ghia.
University of Maryland Colvin Institute of Real Estate Development's Margaret McFarland (with Bonstra | Haresign Architects' Bill Bonstra at a Bisnow event this year)—who's actually in Lima right now—started out on the cafeteria line at a summer camp and is trying to forget her current financial advisor's point that if she'd invested that first $300, she'd be a millionaire now. Her best friend Betty convinced her to take extra hours scrubbing the dining hall wooden floor on their hands and knees for extra cash. She doesn't remember what she spent that $300 on, but she remembers scrubbing on her hands and knees. (There's a life lesson buried in there somewhere.)
Manekin CEO Richard Alter went from crab mallet to gavel to hammer. While a 15-year-old high school student at Baltimore City College, he was a crab cook at Mr. K's Crab House at Reisterstown Road and Belvedere Avenue. Like Cole, he also did a military stint. A law school grad, he also did welfare-eligibility screening for Maryland. His start in real estate: property management.
Cassidy Turley's Jon Carpenter (right, with colleague Jay Wellschlager) tells us his first real estate gig was an analyst in Trammell Crow's DC investment sales group. The office was within walking distance of his Georgetown apartment, so he cold called the director at the office. It was a learn-on-the-job experience he says, considering his political science major at the liberal arts-focused Dickinson College.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Baltimore Newsletters
Related Stories

1,300 Projects Potentially Paused Due To Suspension Of Quality Inspectors

Walker & Dunlop On Why The Housing Market Is More Balanced Than It Appears

California Duo's Ponzi-Like Investment Scheme Unravels With Bankruptcy, SEC Charges

Prominent Philly Caterer Sues Town Officials Over Vineyard Plans In Bucks County

Houston Firm Hires Former Floor & Decor Exec As President Of New Offering

Deutsche Finance Alleges BVK Is Responsible For CRE Portfolio Losing $1B In New Lawsuit

'This Is A Big Change For Me': Leslie Cohen Launching New Company After Leaving Davis Cos.

A $5.1T Corner Of CRE Is Struggling To Find Capital

How Net Lease Strategies Are Providing Stable Returns In An Uncertain Investment Landscape

'Liquidity Is Back': JLL Reports Increase In CRE Investor Competition Due To Strength Of Credit Markets

How Will Opportunity Zones 2.0 Impact Seattle? One Expert Weighs In

After Departing Trump Admin, HUD's Former Philly Head Joins Local Planning Commission