Nobody beats Todd Lubar when it comes to the understanding of the real estate industry in Baltimore. The current president of TDL Ventures believes that the Charm City, as Baltimore is popularly known, is a city on the rise. According to him, the real estate industry in the region is growing day by day and has, in turn, revolutionized business and the economy for the better.
One of the notable developments in Baltimore in the recent past is the construction of new, modern, and luxurious residential apartments. Bearing in mind that life in Washington D.C. is seen to be expensive and somehow unbearable for fresh graduates, Baltimore stands to gain from youthful professionals migrating from Washington D.C. in search of a cheaper cost of living. This, according to Todd Lubar, is increasing the demand for residential apartments and homes. It is therefore wise for investors to move with speed and invest in housing in readiness of the guaranteed future market.
The Untapped Potential
The Baltimore administration is aware of the potential in the city. As a result, it has invested heavily in improving the public transport system in order to open up the suburban and make it easy for residents in these suburban to access the city. Indeed, all economic indicators show that Baltimore is an economy in the takeoff. With an increased youthful population, the demand for luxurious entertainment and shopping joints will be on the rise. This is yet another area that investors ought to consider for future investments.
New businesses are streaming into Baltimore in large numbers, all wanting to get a share of the growing economy. New business openings, in turn, increase the demand for commercial buildings and office space. According to Ideamensch, this then means that real estate investors should invest heavily in the commercial apartments.
Todd Lubar’s Working History
Lubar’s real estate investment career spans over two decades. He is among the top mortgage originators in Baltimore and America at large. Besides the real estate industry, he also has experience working in the entertainment and construction industries.
As a fresh graduate of Syracuse University in the 90s, Todd worked for companies such as Crestar Mortgage Corporation and Legacy Financial group. In 2005, he joined First Magnus Financial Corp and was given the senior vice president job for its Charter Funding division. More info available on his About.me page.