History

 

Discharged in 1867 with $500 severance pay, Union Army Captain Preston Scheffenacker purchased his first home in Baltimore City. Though not a Baltimore native, Preston fell in love with the city and was quick to marry and make Maryland his home. With a little extra space and several extra beds, Preston was able to generate his first real estate profit in short term room rentals. Preston parlayed his initial rent earnings into more ambitious real estate housing, residential construction and land development. The Scheffenacker family business thrived for more than a century in residential construction and land development - building a foundation of trust, quality and success.