For a person who has been following the news coverage in Baltimore, it is highly likely that they have being missing out a lot on the booming business and opportunities in the real estate sector. Baltimore is fondly known as the Charm City especially due to its high population of young professionals. The high number of young professionals in Baltimore is an exciting prospect and trend to business owners and real estate developers as the demand for apartments is high. Real estate developers have embarked on refurbishing older buildings into chic living options for the residents in Baltimore. Historic buildings have been converted into huge condominium and apartment options.
Reasons for the Boom in Baltimore’s Real Estate Sector
According to Hackronym, Baltimore is friendlier to millenials who are mostly young professionals and graduates who find the cost of living here cheaper when compared to areas such as Washington D.C. The city is in the process of expanding and improving its public transportation, which will make it friendlier to people who wish to live and work in downtown. Baltimore offers startup businesses with one of the most conducive environments to thrive in. Check out Affiliatedork for more.
A number of initiatives have been put forth seeking to improve the city’s business environment for startup companies and those seeking to relocate here. The business community in Baltimore has earned a high reputation of embracing new businesses and drawing top talents from other areas to help companies thrive. The cost of living in Baltimore is not expected to go higher soon as easy and quick access to luxury shopping and fresh restaurants are well provided. There are so many investors that embrace young professionals and recent graduates looking for space to invest in Baltimore.
About Todd Lubar
Lubar is TDL Global Ventures’ president as well as the senior VP at Legendary Investments. He has previously worked at Legacy Financial and Crestar Mortgage Corporation. He also worked at Charter Funding as the senior vice president. Mr. Todd Lubar went to Syracuse University where he graduated with a bachelor of arts in speech communication degree back in 1995. He is an integral fixture in Baltimore’s real estate market and his perspective on the same is frequently requested.