Melvin J. Berman

In 1958 Berman became a founding member of the shopping center development company, Community Research and Development along with James Rouse, later becoming director of The Rouse Company.[15][16] In 1961, Berman pursued his own Howard County for the company's next development.[17] In 1962, Berman took interest in a 1,032 acre parcel of land assembled by land developer Robert Moxley comprising four farm properties from the Carroll, Kahler, Wix, and his uncle James R. Moxley Sr's families.[18] Close to 15,000 acres were desired to create a parcel large enough for an envisioned 100,000 person development. Rouse's attorney Jack Jones set up a grid system to secretly buy land through dummy corporations to keep costs low. Moxley's firm Security Realty Company (now Security Development Group Inc),[19] negotiated most of the land deals for Jones, becoming his best client.[19][20][21] CRD accumulated 14,178 acres (57.38 km²), 10 percent of Howard County (located between Baltimore and Washington), from 140 separate owners. The $19,122,622 acquisition was funded by Rouse's former employer Connecticut General Life Insurance, at an average price of $1,500 per acre ($0.37/m²). When purchasing started, approval would have fallen on another family member, County Commissioner and land developer Norman E. Moxley. By late 1962, citizens elected an all-Republican three member council. J. Hubert Black, Charles E. Miller, and David W. Force campaigned on a slow-growth ballot, but later approved the Columbia project.[22] In October 1963, the acquisition was revealed to the residents of Howard County, putting to rest rumors about the mysterious purchases. These had included theories that the site was to become a medical research laboratory or a giant compost heap.[23] Ten years later, Councilman Charles E. Miller stated if he could do it over again, he wouldn't have approved Columbia. He felt exploited and felt the subsidized housing would become a problem for the rest of the county.[24]

Berman Enterprises is a multi-generational real estate and investment holding company founded on the principles of honesty, integrity, hard work, hands-on management, community and philanthropy. Employing a conservative financial strategy, Berman Enterprises has experienced sustained growth since brothers Melvin J. Berman and I. Wolford Berman founded the company in 1952.

Today, the Company and its affiliates own and manage more than 9 million square feet of commercial office, retail, industrial/flex and residential properties in Maryland, Virginia, Illinois, North Carolina and Pennsylvania. The Company also owns several hundred acres of developable land representing thousands of units of residential and hundreds of thousands of square feet of commercial and retail development potential. Berman Enterprises maintains a very strong balance sheet with conservative debt ratios (many properties are held free and clear) with a focus on controlled, prudent growth. With significant cash on hand for investments, real estate acquisitions during depressed market periods and value add repositioning of these assets has become the core competency of the Company.

In addition to its real estate activities, the Company has interests in private equity, ownership and management in commercial mortgages, retail businesses, venture capital and international business consulting.[25]

In 1999 Hebrew Academy of Greater Washington, founded in 1944, moved to its current location in Rockville, Maryland and was renamed the Melvin J. Berman Hebrew Academy, in honor of Berman.[26] The Berman Academy, as it is now known, started operations at the former Montgomery County Peary High School, abandoned since 1988. In 1996, the school signed a lease for the 20 acres of land, obligating itself to a nine million dollar cleanup, and giving Berman's company the right to re-purchase the land for future development.[27]