For over 20 years, Mr. Magdovitz engaged in the buying, selling, construction, and leasing of facilities used by the United States Postal Service. Currently, Mr. Magdovitz owns a controlling interest in entities owning over 400 postal facilities in more than 30 states across the nation making him the second largest single owner of facilities used by the United States Postal Service, the largest being the United States Postal Service itself.

Born in Clarksdale, Mississippi, Lawrence Magdovitz bought his first piece of rental real estate when he was just 16 years old. He attended Clarksdale High School and went on to graduate from Vanderbilt University and Vanderbilt University, School of Law. He returned to his hometown and began a law practice that would span a period of over 40 years. From his first real estate purchase at age 16, he has steadfastly invested in real estate of all types and he continues that endeavor into the new millenium.

Mr. Magdovitz is the father of two children, Bethe Ann Magdovitz and Lawrence M. Magdovitz, II. Miss Magdovitz is the Technical Director of The Magdovitz Group and operates Magdovitz.com. The younger Magdovitz is General Counsel to The Magdovitz Group.