Preston Scheffenacker, our founder, used his $500 severance pay from the army to purchase his first home in Baltimore after being discharged in 1867. Baltimore quickly became home to Scheffenacker, and he married and started a family. Scheffenacker generated his first real estate profit by renting out additional space and beds in his home. He then parlayed his earnings into more ambitious real estate housing, residential construction, and land development throughout Maryland.in that first home, which witnessed the growth of his family and the beginnings of a legacy in real estate that thrives today.