5 minutes with: Adam Skolnik, executive director, Maryland Multi-Housing Association – Baltimore Business Journal

Adam Skolnik

Company: Maryland Multi-Housing Association (MMHA)

Position: Executive director

Education: Skidmore College in Saratoga Springs, New York


Adam Skolnik is the executive director of the Maryland Multi-Housing Association.

Adam Skolnik has worked in the real estate industry since he was a young man fresh out of college.

He was a property manager at apartment communities, and later started his own residential home building company.

Today, Skolnik represents and advocates for professionals in the types of positions he once held. As executive director of the Maryland Multi-Housing Association, it’s his job to be the voice of rental housing providers around the state.

The organization also recently launched a free training academy that gives individuals the training to become maintenance technicians. Within two months of classroom instruction, the students are taught basic plumbing, electrical and carpentry.

MMHA then helps them secure an apprenticeship at an apartment community, and later, a job. The Service Training Academy’s first class of six graduated in January and have all been hired full-time by the companies they apprenticed with, and a second class of 10 is underway.

What about working in the real estate industry kept you there for so many years? And why make the switch to work for MMHA?

I loved being a property manager, it’s a job where you never do the same thing every day, there is always something new happening. I actually segued from the property management business and started my own real estate development and home building company in 2000 that was pretty successful until kind of the crash of ’07, ’08, which put me out of business.

And then I ended up as the executive director of the Maryland Multi-Housing Association. I had been a board member of MMHA for many years. The organization started in 1996 and I joined the board in 1997 and stayed on the board even while I had my own home building company because I just loved being involved in the industry, especially on the political side of things. The when I was in need of a job when my company went belly up I made a pitch to the board of directors and they hired me. And that was January of 2009.

As someone who lived through and was affected by the crash, how have you seen the industry come back from that point?

On the rental side of things, it bounced back really quickly. I think investors looked at apartment communities as a much more stable investment than other types of commercial real estate, and of course the much more speculative home building world. The apartment industry bounced back very quickly and has stayed strong and I would argue right now it might be even overheated. People are paying numbers for apartment communities that I find astronomical, but they are seeing good investments. I think what people are seeing, and it will start to wane because as interest rates go up people will look for other investments, but clearly when interest rates were low, people could get a decent return on an apartment community and know it was a stable return. If they picked a terminal value in five or 10 years they would still get some appreciation built into it so they are getting good internal rates of return.

Where do you see that market headed over the next few years?

I am far from the economist of the group, but I will say I see the industry staying strong. I think that on the transactional side of things I wonder if there is going to be a little bit of pullback. I wonder if properties can continue to appreciate at the rates they are appreciating. But I think Baltimore metro in general is always going to stay relatively stable. Rents have been increasing, but they haven’t been increasing stratospherically, unless you’re in the really high-end stuff that they are building downtown. I think the workforce housing stuff is going to stay pretty strong in terms of rent staying strong and occupancy rates staying high. But I wonder transactionally if there is going to be some, I don’t know that it will be a bubble bursting, but I would guess there will be some type of retraction of some sort. But people have been saying that for the last 10 years and it hasn’t happened yet.

You describe the main role of the MMHA as being an advocate for the state’s rental housing industry. What does that mean?

We are kind of a leading voice for rental housing providers in the state whether it’s in Annapolis or City Hall or Towson. Wherever the location we are working on the behalf of housing providers throughout the state to try to positively influence legislators to do the right thing and leave us alone and realize what good corporate citizens our members are.

How is the Service Training Academy going so far? What is the benefit of that program?

We feel we are going to be successful 80 to 90 percent of the time [with getting the students jobs] because there is such a need in the industry for trained service technicians. These are good paying jobs with full benefits. These are jobs that pay $15 to $20 per hour, they have 401(k)s, they have health benefits, they have sick leave, they get paid overtime if they work overtime. What we are doing is we are not training you to get a job, we are training you to have a career in an industry that desperately wants them in the industry.

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Julie Bowen

Julie Bowen was born in Baltimore, Maryland, and is the middle daughter of Suzanne and John Luetkemeyer Jr., a real estate developer. Her early education was at Calvert School in Baltimore, and Garrison Forest School, Maryland. She moved on to St. George’s School, Rhode Island and then attended Brown University, graduating with a BA in Renaissance Studies. During college Bowen acted in stage productions such as “Guys and Dolls” and “Stage Door”. After graduation she relocated to New York and studied at the legendary Actors Studio. Success followed with a series of TV roles, and in 1996 she appeared as the love interest in Happy Gilmore (1996). Other supporting film roles followed. However, it was on television that she was destined to make the biggest impact, with strong turns in ER (1994), Ed (2000) and Boston Legal (2004), among others. From 2009 she has starred as Claire Dunphy in the hit series Modern Family (2009), for which she has won Emmy and Screen Actors Guild awards. Julie is married to Scott Phillips, a real-estate investor, and they have three sons: Oliver, and twins Gus and John. See full bio on IMDb » Continue reading “Julie Bowen”


Get Ready for an Action Packed 5 Days in Baltimore, Md.

COLORADO SPRINGS Colo. – March 8, 2018 – Next week marks the inaugural USA Field Hockey Summit, presented by AstroTurf at the Lord Baltimore Hotel in Baltimore, Md. from March 16-18. In addition to the numerous panels and educational opportunities for field hockey enthusiasts across the country, Summit will also include five ancillary events in USA Field Hockey’s continued mission to Grow the Game, Serve Members and Succeed Internationally.

Wednesday, March 14:

Learn to Play Field Hockey Event | 4:00 p.m. – 8:00 p.m. ET Continue reading “Get Ready for an Action Packed 5 Days in Baltimore, Md.”


Storm caused 400,000 power outages, evacuated apartments in Md.

BALTIMORE – (AP) – The nor’easter that raged up the Atlantic Coast has caused more than 400,000 power outages in central Maryland. It also forced more than 300 residents to evacuate from a wind-damaged apartment complex outside of Washington, D.C.

Baltimore Gas and Electric Company said in a statement Saturday that it has restored power to 250,000 customers. The utility said it would be working on returning electricity to all customers possibly into next week.

The nor’easter also caused a wall to collapse on Friday in the Andrews Ridge apartment complex in Suitland, Maryland, which is outside Washington. Continue reading “Storm caused 400,000 power outages, evacuated apartments in Md.”


Local leaders fear changes to state affordable housing funding could leave Frederick behind

The latest project to benefit from low-income tax credits is the former county government building at 520 N. Market St., which is undergoing renovations and a large addition to become part of a two-building, 59-unit apartment complex.

Signs of Christine Bowie’s late husband, Reginald, fill her one-bedroom apartment, though the couple never lived there together.

“A part of me died when he died,” Bowie, 65, said in a recent interview. Continue reading “Local leaders fear changes to state affordable housing funding could leave Frederick behind”


Baltimore Is America’s Most Dangerous City, Analysis Finds

BALTIMORE, MD — Charm City was ranked the most dangerous out of the 50 biggest cities in the country, according to a new analysis of crime data. USA Today named Baltimore the most dangerous big city in America this week, but said overall killings fell ever so slightly across the nation.

Baltimore — which had 343 killings — tallied the highest murder rate per capita with about 56 homicides per 100,000 people. And unlike the trend nationally, Charm City saw an increase in the number of murders. Continue reading “Baltimore Is America’s Most Dangerous City, Analysis Finds”


Gubernatorial candidate James Shea selects Baltimore City Councilman as his running mate

Maryland gubernatorial candidate James Shea has chosen Brandon Scott, a Baltimore City Council member, as his running mate in the crowded Democratic primary.

Scott, 33, the chairman of the Public Safety Committee, has been a member of the council since December 2011 and is widely seen as a young rising star in city politics.

Shea is scheduled to make an official announcement Thursday afternoon in Baltimore.

The selection gives generational balance to Shea’s ticket but, with both candidates from the Baltimore area, it does not offer the geographical balance that gubernatorial candidates often seek. Continue reading “Gubernatorial candidate James Shea selects Baltimore City Councilman as his running mate”


MD Lottery

BALTIMORE _ These Maryland lotteries were drawn Sunday:

Estimated jackpot: $153 million


(eight, seven, four)


(six, one, five, one)

Estimated jackpot: $203 million

Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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Property Details for 4923 Herring Run Dr

4923 Herring Run Dr, Baltimore, MD 21214
4923 Herring Run Dr, Baltimore, MD 21214

4923 Herring Run Dr, Baltimore, MD 21214 is a single family home for sale located in the Lauraville neighborhood. Browse® for nearby schools and neighborhood information. Find homes similar to 4923 Herring Run Dr within your price range.

‘Basic Listing Information: 4923 Herring Run Dr is more than just a Baltimore, MD address. It is a home with 3 beds, 2 baths, and 0.27 square feet. At $$215,000 it is a Baltimore property for sale.’ Continue reading “Property Details for 4923 Herring Run Dr”