As we begin the new year, I am often reminded of the abundance of blessings we have at The Bozzuto Group. Our business is stronger than ever, which is largely attributable to our collective efforts to create sanctuary and extraordinary experiences for those we serve. Best of all, we do this with a culture of kindness. The concept of using our hearts and our ethics as a north star in our decision making is not necessarily something focused on in…
Many of you who are reading this are either building or working at one of our luxurious apartment communities where the focus is on providing the highest level of service to, and of course, getting an appropriate rent from our residents. At the same time, I know many of you are aware of our company’s long involvement and commitment to affordable housing, but I worry that not everyone in the company is, and it’s important to me that you are.…
My family came from nothing, but we had everything. My paternal grandparents were first generation Italian Americans. My grandfather didn’t finish high school and instead was forced to work in a factory to help support his family. He once told my father he would do anything to “have the privilege of working at a place where he was required to wear a tie.” Of course, this wasn’t an option for him. My grandmother had been orphaned when she was young,…
We are thrilled to share that our CEO Toby Bozzuto is this year’s featured thought leader for the Johns Hopkins Carey Business School Allan L. Berman lecture series. This prestigious speaking engagement, honoring the memory of Allan L. Berman’s entrepreneurship and passion for real estate in Baltimore, will foster discussion about the direction and challenges within today’s real estate industry. We invite you to join Dean Bernard T. Ferrari and the Carey Business School Real Estate Advisory Board to hear…
For years, Tom Bozzuto has been collecting quotes and thoughts that struck him as particularly important. They started as notes in a journal, and turned into his new book, Reflections of an Ordinary Man. After sharing a copy with every Bozzuto employee to commemorate our company’s 30th anniversary, we decided to sit down with Tom to ask him a few questions about his book. Q: When and how did you realize you had the makings of a book? A: As…
As customer preferences evolve and change, businesses across all industries are faced with the pressure to innovate and offer the next best thing. Within the construction industry, we have watched the pace of production and innovation increase minimally over the years, which raises concern as to whether our industry is ripe for disruption. First, let’s define disruption. “Disruptive Innovation” was first coined by one of the most influential business theorists in modern history, Clayton Christensen. Christensen defines the phrase as……
I recently had the extraordinary opportunity to meet Warren Buffett, and to hear him speak in front of a small crowd. This dinner event was punctuated by an especially wonderful moment for me, in which I had the opportunity to ask Mr. Buffett a question. My question was, “How should we raise our children to be humble and hungry?” Incredibly, Mr. Buffett answered me directly for almost nine minutes. His answer focused on many topics but was centered around the…
