Mark Caplan is President and Chief Executive Officer of The Time Group (www.thetimegroup.com), a real estate equity investment firm, which has interests in approximately 7,000 units across multi-family, manufactured housing, and senior living communities. He began investing in real estate in the late 1970’s and continues to maintain a focus on multi-family residential properties. He is the managing member and sole shareholder of Washington Place Equities (www.washingtonplaceequities.com), a development firm specializing in mixed use urban historic renovation and construction.
He also serves as Chairman of the Management Committee for WPM Real Estate Group (www.wpmllc.com), a real estate management firm he helped found that manages multi-family, manufactured housing, senior living, condominium and homeowner association, and commercial properties, with approximately 22,000 total units currently under management.
Many of the properties and entities Mark has been involved with have received awards and recognition. Among them are recognition as a Top Workplace in Baltimore by The Baltimore Sun for five consecutive years, #1 Ranked Largest Residential Property Manager in the region five times by the Baltimore Business Journal, Property Management Company of the Year in 2015, 2017 and 2018 by the Maryland Multi-Housing Association, winner of the ULI Wavemaker award and winner of Best Residential Property by the Downtown Partnership of Baltimore.
In the early 1980’s, Mark co-founded Harbor Leasing Associates, an equipment financing business, which has grown to include commercial vehicle financing. Today, the company, now known as Madison Capital (www.madisoncapital.com), is one of the largest independent leasing companies in the country. Mark serves as Chairman of the Management Committee for the firm.
An initial investor in Sterling Bank and Trust, Mark served as part of a three-member executive committee of the Board of Directors before it was acquired by Carroll County Bank and Trust in the late 1990’s. Mark was a member of the Board of Bay Bank, FSB (Nasdaq BYBK). In April, 2018, Bay Bank was acquired by Old Line Bank (Nasdaq OLBK). In January of 2019, Mark joined the Board of Capital Bank (Nasdaq CPBK).
Mark has been an active member of governance boards for a variety of not-for-profit institutions, including The Walters Art Museum, The Bryn Mawr School, The Gilman School, Center Stage, Saint Ignatius Loyola Academy, The Real Estate Board of the Columbia Business School and Baltimore Educational Scholarship Trust.
A frequent guest speaker, Mark has been invited to lecture, with a specific focus on real estate transactions, at the Wharton Business School, Columbia University School of Business, the Carey School of Business at Johns Hopkins University, the Stern School of Business at NYU, the Georgetown University School of Business, and the University of Maryland School of Law. A publication of the Urban Land Institute includes a case study partially developed by Mark, based on one of his real estate transactions.
A Baltimore native, Mark earned his MBA from The Columbia Business School on a Dean’s Fellowship, and holds a Bachelor of Arts degree in Social and Behavioral Sciences from Johns Hopkins University. He also attended Haverford College and is a graduate of the Gilman School in Baltimore. In March 2010, Mark completed the Real Estate Executive Seminar: Capital Markets, Innovative Ventures, and Business Strategy at Harvard Business School.
Mark lives in Baltimore with his wife, Linda, and has three children.