The Making of Real Estate Developer, Todd Lubar

Todd Lubar is an American based businessman and entrepreneur. He is currently the president of TDL Global Ventures LLC. In 1995, Todd pivoted to real estate industry. It had become apparent to him that his desire to help other people and his knowledge of the real estate sector would help him achieve much more while in the industry. His first point of entry into the industry was with Crestar Mortgage Corporation. In this institution, he learned the model of conventional mortgage banking. While in this enterprise, he focused on building relationships with real estate agents, brokerage firms, and insurance agents. Today, these relationships have proven to be resourceful for his private ventures.

In 2002, he opened Legendary Properties LLC, a residential development company. The company focused on the purchase, rehabilitation, and sale of single and multi-family properties. This endeavor allowed him to establish relations with people involved in the construction business. He was also able to develop relationships with many lending institutions that would later provide a stable means of capital.

In 2003, Todd Lubar founded Charter Funding, a subsidiary of First Magnus Financial Corporation. First Magnus Corporation is a privately held company. This affiliation with one of the largest financial corporation allowed Lubar to expand his business. The quick expansion was primarily because of the access to capital and business networks.

After 12 years in the industry, Todd noticed that there was a niche of underserved clients. Consequently, he formed Legendary Financial LLC, an affiliate of Legendary Properties LLC. Together with his funds, the institution supports a market of borrowers who would otherwise be overlooked by the traditional finance providers. Todd performed over 7000 transactions that gave him the required experience needed when making lending decisions. The decisions were also based on the market conditions

In 2007, the mortgage industries began to experience changes, and as a wise entrepreneur, Todd Lubar pivoted into another line of businesses. He ventured into the metal recycling and demolition industries. Additionally, he invested in the Nightlife entertainment industry. Todd lives in Bethesda, Maryland and is a father of two. For more info, see, http://www.toddlubar.com/.

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