Ted Lerner

Theodore N. Lerner is an American real estate developer, and former managing principal owner of the Washington Nationals baseball team.

  • In 1952, a 26-year-old Ted Lerner borrowed $250 from his wife to start a real estate company, selling homes for developers.
  • He sold 22,000, then decided to become a builder. Today his Lerner Enterprises is among the largest owners of real estate in the Washington, D.C area.
  • Since 2006 Lerner has owned the Washington Nationals baseball team. In June 2018, Ted passed control of the team to son Mark.
  • The family donates to charities including Children’s National Hospital in DC, George Washington University and Hebrew University in Jerusalem.
  • During law school, Lerner sold real estate on weekends to help support his widowed motherand younger siblings.

Ted Lerner Washington Nationals Baseball Team