Columbia, Maryland – (April 4, 2017) – Bay Bank announced today that Zach Alter, a native Baltimore resident, will be joining the bank as a Commercial Real Estate Relationship Manager in the Bank’s Commercial Real Estate Division. In this position, he will be responsible for developing new relationships in the commercial and residential real estate industry in the greater Baltimore region.
Alter comes to Bay Bank with a background in commercial real estate and expertise in the financial and operational analysis of retail, industrial, multi-family and residential real estate projects. Prior to coming to Bay Bank, he held positions with Manekin LLC and Bozzuto Management Company where he handled all facets of the commercial real estate process.
“Zach’s experience in commercial real estate and in-depth knowledge of the local market will be a significant asset to our team and his customers” said Rich Ohnmacht, Corridor Market President. “Working for commercial real estate companies gives him a unique understanding of this industry and his perspectives will be of great value to his customers,” continued Ohnmacht.
Alter holds a bachelor’s degree from Syracuse University and will be completing his Masters in Real Estate and Infrastructure from Johns Hopkins, Carey School of Business this spring. Prior to starting his professional career in Baltimore, he spent two years living abroad serving in the Israeli Defense Forces. Alter is affiliated with the American Israel Public Affairs Committee and a member of Friends of the Israeli Defense Forces where he served as a former board member of the Young Leadership Group.
Alter will be working out of the Corporate Headquarters located in Columbia.
About Bay Bank
Bay Bank, FSB is headquartered in Columbia, Maryland and serves the community with a network of 11 branches strategically located throughout the region. Founded in 2010, the bank has quickly developed a strong reputation for its focus on being the bank built by entrepreneurs, for entrepreneurs. The bank has total assets of over $620 million at December 31, 2016. The bank’s parent company, Bay Bancorp, Inc., trades on the NASDAQ Capital Market under the ticker symbol “BYBK.”