March 29, 2019
CRC Honored by The Baltimore Business Journal with Top Family-Owned Business Award
Brown’s Wharf on Fells Point waterfront in Baltimore City
CRC is among twelve local companies recognized by The Baltimore Business Journal in its inaugural “Family-Owned Business Awards” competition. CRC, founded in 1960 and now a third-generation organization, represents the only two local commercial real estate companies chosen for the award this year. The 2019 Family Business Awards honor multi-generational, family-owned businesses as well as closely held businesses in Baltimore for overall excellence, innovation, ethics, philanthropy and contribution to the strength of the region.
CRC owns and manages a diversified portfolio of neighborhood centers consisting of more than four million square feet of commercial space, as well as nearly 10,000 apartment homes. The vertically integrated company maintains in-house resources providing acquisitions, financing, asset management, property management, leasing, construction, information technology, marketing, legal expertise and support. CRC’s portfolio of multifamily apartment homes, commercial office buildings and neighborhood centers is situated throughout the Mid-Atlantic and Southeast regions of the country, with the total value of assets exceeding $2 billion.
“After nearly 60 years of operation, the mission of Continental Realty Corporation remains focused on adding value in the properties we manage, preserving and enhancing opportunities for our team members, and making sure we give back to the community,” explained J.M. Schapiro, Chief Executive Officer of Continental Realty Corporation. “Our entire organization takes immense pride in this recognition from the Baltimore Business Journal which reflects the tremendous vision of our founders, J. Mark Schapiro, and Marvin Schapiro along with John A. Luetkemeyer Jr. who joined our company over 40 years ago.
Continental Realty Corporation (CRC), headquartered in Baltimore and founded in 1960, is a full-service commercial real estate investment and management company. The privately-owned firm owns and manages a diversified portfolio of retail centers consisting of over 4 million square feet of space, as well as apartment communities featuring more than 10,000 apartment homes. Positioned throughout the Mid-Atlantic and Southeast regions, the value of the portfolio exceeds $2 billion.
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