George Yungmann, actual property accountant and sailor, dies

George Yungmann, actual property accountant and sailor, dies

George Yungmann, an actual property accountant and sailor, died of pancreatic most cancers Could 16 at dwelling in Ellicott Metropolis. He was 80.

Mr. Yungmann was born July 5, 1942, in Baltimore to George Yungmann, a metropolis firefighter, and Lillian Yungmann, a homemaker.

He grew up in Northeast Baltimore’s Belair-Edison neighborhood and graduated from Baltimore Polytechnic Institute in 1960, then from the College of Maryland in 1964.

Mr. Yungmann married Helen Krichten on June 2, 1965, however they divorced in 1999. He married Julie Wolhar on Feb. 13, 2001.

Mr. Yungmann labored from 1970 to 1999 for The Rouse Firm, a business actual property growth agency that bought 14,000 acres in Howard County to develop Columbia within the Sixties and was instrumental in constructing the Inside Harbor throughout the Nineteen Seventies.

In 1978, he was a founding member of the Nationwide Affiliation of Actual Property Corporations, which efficiently lobbied to alter accounting requirements, set by the Monetary Accounting Requirements Board, to permit extra funding in business and residential developments. When Mr. Yungmann left the Rouse Firm in 1999, he went on to work for the Nationwide Affiliation of Actual Property Funding Trusts.

“George was a pioneer in the way in which he led modifications to monetary accounting requirements at a time when accounting guidelines have been hurting actual property corporations,” Liz Watson, a retired accountant mentioned.

Ms. Watson mentioned Mr. Yungmann gave her a job at 15 and helped mentor her via the enterprise.

“I used to be only a child within the neighborhood. He mentored and helped quite a lot of children like me,” Ms. Watson mentioned.

At dwelling in Ellicott Metropolis, Mr. Yungmann left his doorways open to the neighborhood.

“The entire county could be there each weekend. Furrow Avenue was the Howard County capital of children. It was our teenage secure home,” mentioned Damian O’Doherty, a childhood household pal. “All these younger people who gathered on the Yungmann home nonetheless get collectively at this time. You possibly can see them instructing within the public faculties, setting up new buildings or main our native fireplace division.”

Mr. Yungmann additionally loved being on the water.

George Yungmann, actual property accountant and sailor, dies

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“Our childhood was going to Chesapeake Bay discovering a cove and dropping anchor,” Lisa Hile, a daughter, mentioned.

Mr. Yungmann mentioned goodbye to the bay this previous fall.

“He took his final sail within the fall because the season was ending,” a son, David Yungmann, mentioned. “My dad knew all my buddies. … He acquired to know them after which he wished to speak about college and assist them get jobs.”

Mr. Yungmann saved working till the tip of 2022.

The Yungmann household is internet hosting a viewing from 5 p.m. to eight p.m. June 8 at Witzke Funeral Residence in Columbia and a memorial service at 12:30 p.m. June 9 at Chapelgate Presbyterian Church.

Along with his spouse, Julie, Mr. Yungmann is survived by their two youngsters, George Yungmann Jr. and Samantha Yungmann, each of Chicago; three youngsters from his marriage with Helen Krichten, David Yungmann of Glenwood, a Howard County Council member, Kevin Yungmann of Boonsboro and Lisa Hile of Edwards, Colorado; and 7 grandchildren.