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Real Estate Buyers
Five questions with EMG President Nestor Benavides
Five questions with EMG President Nestor Benavides

Hunt Valley-based EMG forged its identity amid the late-1980s real estate frenzy that ended in the savings and loan crisis, providing consulting services for investors buying and selling office buildings and other properties. The company made it through that bust and continued assessing buildings for buyers until the credit crunch hit in 2007. Two of its three biggest clients in 2007 — Bear Stearns and Lehman Brothers — collapsed. Sales nosedived from $47 million in 2007 to $14 million in 2009. EMG survived by tightening its budget, including shrinking its staff, said company President Nestor Benavides, who was hired by new owners in 2006. Since then, the firm has benefited...