Recently, Todd Lubar elaborated on the present real estate trends in Baltimore. He has rendered his services in the Maryland real estate market for more than 20 years. Lubar is highly experienced in the areas of credit and finance. According to him, Baltimore is known for attracting young professionals. It is for this reason that it is dubbed the Charm City. Despite losing numbers in the population, the area is currently doing exceptionally well on younger demographics. Moreover, more young people are expected to move into the city. The rate at which the economy continues to recover will determine how far this trend will go.
According to GC Report, the strong presence of young professionals in the city creates a high demand for additional apartments. Many real estate developers are renovating older houses into hip living spaces. In the recent years, there have been major developments in the region, which have resulted in large number of apartments and condominiums. One of the areas that has benefited from the increased development in the city is 10 Light Street. Armour has changed the project’s ground level into an extensive gym and training center. The building was once home to the Bank of America. Presently, it is home to some of the unique and priciest apartments.
Currently, Baltimore focuses on expanding and enhancing public transportation. This expansion is expected to make the city friendlier to those who want to live downtown and work there. According to projections, these improvements will expand the larger metropolitan area at a quicker rate because the city will be accessible to more suburban dwellers. They will not be required to pay parking fees, which is an added expense. Check out Inspirery to know more.
About Todd Lubar
Todd Lubar has been an integral player in Baltimore’s real estate market. His perspective on the industry is highly sought after. He serves as the president of TDL Global Ventures LLC. Moreover, he is the senior VP of legendary Investments. He is an alumnus of Syracuse University where he graduated with a B.A. in speech communication.
Previously, Todd Lubar worked for Legacy Financial Group and Crestar Mortgage Corporation. In the former, Todd made tremendous accomplishment. He enabled the company’s Maryland office to generate over 100 million dollars in loan volume each year. He also served at Charter Funding as the senior vice president.