Press Release

John M. Prugh retires as Chairman of Alex. Brown Realty (ABR)

July 30, 2021 | Baltimore, MD — Alex. Brown Realty (“ABR”) announces the retirement of John M. Prugh as its Chairman, after 43 years at the company. Mr. Prugh will continue to serve as a senior advisor to ABR. As previously announced, Mr. Prugh has been succeeded by Thomas R. Burton and Edward P. Nordberg, Jr., who will co-head the company as senior managing directors.

Alex. Brown Realty is an independent real estate investment manager specializing in value-add, opportunistic, and core-plus investments in the middle market. The firm was founded in 1972 by the partners of Alex. Brown & Sons, a Baltimore-based investment bank organized in 1800. Since the inception of the firm, ABR has acquired over $4 billion of assets, representing nearly 400 transactions. ABR has sponsored five real estate funds and is currently marketing its sixth fund. The firm is an SEC-registered investment advisor. www.abrealty.com

Recent News and Insights

Press Release

Alex. Brown Realty Rebrands as ABR Capital Partners

BALTIMORE, MD — Alex. Brown Realty is now ABR Capital Partners, with a new brand identity, logo, and website. The rebranding coincides with the firm’s fiftieth anniversary and both honors…
Learn More
Video

Value Driven, Middle Market Real Estate Investors

Senior Managing Directors Edward Nordberg and Tom Burton, Deputy General Counsel Maree Tucker, and Acquisitions Director Jake Martin look back on ABR’s rich relationships, both within the firm and with…
Learn More