Tuesday, May 18, 2021 |
Baltimore
77°
Partly Cloudy
FOLLOW US:

Klein Enterprises gets $200M investment to expand in mid-Atlantic

May 5, 2021

Baltimore’s Klein Enterprises has received an investment boost of up to $200 million in new capital to help it expand in the mid-Atlantic. Almanac Realty Investors pledged the support on Tuesday, said president Daniel Klein. Klein said the Baltimore-based company will use the private funds for ongoing development and acquisition of commercial and residential properties, including self-storage and retail. Almanac Realty Investors is a business unit of Neuberger Berman, which acquired the investment company in 2020.

Article Source: Baltimore Business Journal

The Morning Rundown

We’re staying up to the minute on the issues shaping the future. Join us on the newsletter of choice for Maryland politicos and business leaders. It’s always free to join and never a hassle to leave. See you on the inside.