Fraser Forbes Real Estate Services Announces $5.67 Million Closing
MCLEAN, Va., March 29 /PRNewswire/ -- Fraser Forbes Real Estate Services is pleased to announce the closing of Ryland Homes into the Crown Farm project in Montgomery County, MD.
Fraser Forbes Real Estate Services exclusively represented Ryland Homes in its investment that could total $60MM in lot purchases over the life of the project which at this time is anticipated to be 3-4 years.
"Ryland Homes will be a tremendous partner and offer superior product lines and great value for the overall community," says Richard Samit, CEO and co-founder of Fraser Forbes who personally handled this transaction.
About Fraser Forbes Real Estate Services
Founded in 1995, Fraser Forbes Real Estate Services (http://www.fraserforbes.com) is the premier, full-service real estate firm in the Washington DC Metropolitan market, specializing in land. The two principals of the firm have over 50 years of experience. The company's service groups include Land Sales, Financing Services, Management Services and Advisory Services. Fraser Forbes has consummated over 400 land transactions valued at in excess of $3 billion including over 30,000 residential lots and land entitled for in excess of 5 million square feet of commercial development. Whether representing clients buying and selling raw land for future development, brokering real estate transactions slated for office, retail, hotel and industrial uses, or rendering financing advisory and management services, Fraser Forbes empowers its clients to earn the highest returns on their investments.
SOURCE Fraser Forbes Real Estate Services
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