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Hogan Companies Sell Two More Baltimore County Subdivisions 

Larry Hogan, President and CEO of the Hogan Companies, headquartered in Annapolis, Maryland, announced today that the company has continued its strong residential land sales activity in Baltimore County, Maryland by brokering the sale of two subdivisions so far in 2013.
 
The McDonogh Green and Cillian's Crossing subdivisions closed January 25th and February 15th, respectively.  Working directly with the land owners to complete each sale, Jake Ermer of the Hogan Companies was the sole broker involved in each transaction with homebuilders as purchasers.  
 
McDonogh Green, located on Winands Road in Randallstown, was purchased by national homebuilder, Lennar, which has already started its marketing of the single family home subdivision. The subdivision was entitled by seller, M&G Investments, LLC, and the transaction marks yet another settlement for Ermer on the west side of Baltimore County.
 
Cillian's Crossing was a bank-owned subdivision located on Necker Avenue in Perry Hall that was purchased by Procopio Family Homes.  Procopio is adding this townhome community to their other single-family Perry Hall offerings. The Cillian's Crossing sale marks the fourth bank-owned subdivision sale for Ermer and the Hogan Companies in Baltimore County and continues their active record of assisting lenders in disposing of REO (Real Estate Owned) land.  
 
Ermer, a native of Baltimore County, said “These transactions represent just a fraction of the Hogan Companies' active pipeline in the greater Baltimore area, and our market presence has continued to grow in the region."
 
Larry Hogan added, “The Hogan Companies assists landowners and purchasers of all kinds, and these sales represent how our team can add value in transactions for a variety of clients: local and national homebuilders alike, experienced developers, banks, as well as private landowners.”
 
The Hogan Companies is the leading land firm in the Maryland, and has been responsible for the sale of more than 50,000 acres of land, involving a wide spectrum of clients, property types and transaction sizes.
 

CONTACT:
Jake Ermer
Hogan Companies
2661 Riva Road
Annapolis, MD 21401
410.266.5100
 


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