Much more than what media headlines can capture is going on in Baltimore. The negative headlines that are most often than not aired on national media are just a fraction of the many positives that are never talked about. One positive is the ever-expanding real estate sector in the region- business is at an all-time high at the moment. Mr. Todd Lubar was recently putting everything concerning the Charm City into perspective.
The Positives in Baltimore
Todd Lubar noted that there is a higher conversion rate of ancient buildings into new and modernized apartments. He noted that investors in Baltimore are pumping resources into changing the face of the city, and that is working perfectly well for both the investors and residents. He gave a couple of examples of some of the most recent conversions such as the gym and training center that has now substituted the former Bank of America building along 10 Light Street.
With the changing face of Baltimore, the city is becoming more and more attractive to millennials. Given that life in Washington D.C is too costly for fresh graduates, Baltimore becomes the obvious choice of residence for those who want a relatively cheaper but quality life. The more the millennials stream into the Charm City, the bigger the client base for businessmen become. Over and above that, the millennials grow in their profession and start earning improved salaries. The consequence of that is that their purchasing power shoots upwards which is a sweet melody in the ears of the business community. Todd Lubar explained that these changes in Baltimore’s economy are positive but hardly talked about. For more details visit LinkedIn.
There is more to the increased population of millennials in a city according to Todd Lubar. Baltimore currently stands out as the most favorable region for start-ups to grow. He argued that the many young professionals are a valuable resource for startups due to their relatively cheap labor. The youth has a potential that upcoming entrepreneurs can tap into.
Todd Lubar is a real estate guru who commands a wealth of experience in Baltimore’s real estate. He has a permanent place among the leading mortgage originators in the region and America as a whole.
Todd is a former student at Syracuse University. Todd once worked for Legacy Financial Group, Crestar Mortgage Corporation, and Charter Funding.