
Since its founding in 2002, JBL Real Estate has overcome numerous challenges
in its quest to be a key player in Baltimore’s revitalization efforts.
The Partners formed a respected team whose strengths are well known throughout
the city’s real estate community while creating an investment strategy
that focuses on four separate areas for growth and profitability: market
rental, retail lease, workforce ownership, and below market rental (unloved
properties). JBL’s plans include retaining the market and retail segments
and selling the workforce homes and unloved apartment buildings.
Over the next three to five years, JBL is committed to fulfilling five
key business objectives:
■To develop and refine the process of developing commercial properties
ensuring a strong cash flow.
■To
become experts in workforce housing, utilizing Baltimore as a catalyst
to bring this kind of development to other cities in need nationwide.
■To procure, rehabilitate, stabilize, and sell numerous unloved apartment
complexes.
■To recognize additional residential and commercial opportunities in
Baltimore that may arise due to market conditions and trend changes.
■To maintain five active projects at all times.
With every project, JBL gains a better understanding of the impact their
activities have on individual neighborhoods and throughout the city.
This realization inspires the JBL team to distinguish themselves among
Baltimore’s top developers. By applying lessons learned, JBL Real Estate
plans to implement procedures and processes that will enable the company
to grow intelligently and productively.
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