The story begins when Ben Tobin started Tobin Management, the predecessor to Tobin. Although his initial focus was managing properties for others, his heart’s aspiration was to buy his own real estate. He had big dreams and a big vision!
At the beginning of the Great Depression—a time when there were no interstates or highways!—Ben drove from Detroit to Baltimore to meet with an insurance company that held bonds on a great deal of real estate in Detroit. Acquiring the bonds, he worked the properties until they were cash flowing and substantially enhanced in value. The experience resulted in a treasure trove of learnings which Ben used to successfully expand his holdings.