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Harbor Bank of Maryland, one of the only Black-owned banks in the state, celebrates 40 years in business

By Megan Sayles, AFRO Business Writer, Report for America Corps Member, msayles@afro.com This September, the Harbor Bank of Maryland (Harbor Bank) celebrated its 40th anniversary. Since 1982, the commercial bank has been serving Maryland, D.C. and Northern Virginia, offering checking and savings accounts; time deposits; credit and debit cards; and commercial real estate, personal, home […]

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Realm Pictures International’s ‘Steal Away’ commits 10 percent of box office profits to HBCUs

By Megan Sayles, AFRO Business Writer, Report for America Corps Member, msayles@afro.com Los Angeles native Stephen Blake gained his fascination with film when he was just 9 years old. His uncle gifted him an 8mm movie camera, and he immediately began creating short films, casting his sisters and neighbors as the main characters.  Eventually, his […]

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JPMorgan Chase and Women of Color and Capital to host free investment workshop for minority women

By Megan Sayles, AFRO Business Writer, Report for America Corps Member, msayles@afro.com JPMorgan Chase, in collaboration with Women of Color and Capital, on Thursday will host a free workshop for Black and Brown women to gain more education surrounding investing. The event, Guide to Financial Freedom: Investing 101, will take place at the Bowen Building […]

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Baltimore accountant Arnold Williams honored with International Economic Development Council’s Citizen Leadership Award

By Megan Sayles, AFRO Business Writer, Report for America Corps Member, msayles@afro.com Baltimore native Arnold Williams, managing director and founding partner of Abrams, Foster, Nole & Williams Public Accounting (PA), on Monday received the Citizen Leadership Award from the International Economic Development Council.  The award honors a community or business leader who plays a key […]

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Reginald F. Lewis Foundation hosts essay-writing contest for Baltimore City Public School students

By Megan Sayles, AFRO Business Writer, Report for America Corps Member, msayles@afro.com The Reginald F. Lewis Foundation is currently calling for submissions to its student writing contest.  Baltimore City Public School (City School) students are encouraged to read or listen to “Why Should White Guys Have All the Fun?” by Reginald F. Lewis and Blair […]

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O’Hara Development Partners unveils renderings for new community park in East Baltimore Midway neighborhood

By Megan Sayles, AFRO Business Writer, Report for America Corps Member, msayles@afro.com O’Hara Development Partners (O’Hara), a Baltimore-based community development company, recently unveiled its renderings for a new park in the East Baltimore Midway neighborhood. The Ujamaa Cove Park will provide residents with a community garden, children’s play area, stage and ample green space for […]

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Women Elevating Women conference provides a collaborative platform where women can learn how to successfully grow and scale their businesses

By Megan Sayles, AFRO Business Writer, Report for America Corps Member, msayles@afro.com The multi-cultural, multi-ethnic Women Elevating Women (WEW) conference, sponsored by JPMorgan Chase, returned to D.C. this past weekend to bring women business owners and executives together to discuss and share strategies for success and economic empowerment.  Launched in 2018, the conference cultivates a […]

Posted inBaltimore News

Skewed figure: how biased appraisals are underestimating the value of Black homes

Baltimore couple’s home rises nearly $300,000 in value after White colleague stands in for appraisal By Megan Sayles, AFRO Business WriterReport for America Corps Membermsayles@afro.com and Kara Thompson, Special to the AFROkthompson@afro.com Nearly a year ago, Baltimore couple Nathan Connolly and Shani Mott decided that they would capitalize on the housing market’s historically low interest […]

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Real estate expert opinion: what to know before you buy a home

By Megan Sayles, AFRO Business Writer, Report for America Corps Member msayles@afro.com When it comes to building generational wealth and closing the racial wealth divide, homeownership has become a key pathway. Buying a home is a long-term investment, and because houses typically tend to appreciate, it’s one that pays off overtime.  As homeowners pay off […]

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Jazmin Owens managed properties for seven years, now she’s starting her real estate career

By Megan Sayles, AFRO Business Writer, Report for America Corps Member msayles@afro.com After working in property management for nearly seven years, Baltimore native Jazmin Owens decided the next step in her career was becoming a real estate agent. She figured there would be some overlap between the professions, especially considering her experience with building robust […]

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Missy Conway left corporate America, and now, she’s running her own, independent real estate brokerage

By Megan Sayles, AFRO Business Writer, Report for America Corps Member, msayles@afro.com Before opening her Baltimore boutique real estate brokerage, Missy Conway was an actuary for an insurance company.  Born in Trinidad and Tobago, she came to the U.S. in 1995 to attend Temple University for actuarial science, but she moved to the Baltimore area […]

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