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Recent News

Hogan Assists in Another Bank Owned Transaction

Larry Hogan, President and CEO of the Hogan Companies headquartered in Annapolis, Maryland, announced today that the company recently assisted the buyer as a consultant in the purchase of the bank owned 152 single family lot Southgate subdivision located in Stafford County, Virginia.

The Hogan Companies acted as a consultant for the buyer, Pleasants Enterprises, a long-time client of the Hogan Companies. The project represents another significant transaction in Hogan Companies ongoing work with buyers and sellers of distressed properties. The buyer, a Maryland based development firm, paid $4.15 million for the 152 recorded lots located off of US 1 near Falmouth, Virginia.

Jake Ermer and Kevin Setzer of the Land and Commercial Division of the Hogan Companies worked with the buyer to complete the transaction with a division of Meridian Bank.

The Hogan Companies, a leading land firm in the mid-Atlantic region, has been responsible for the sale of more than 50,000 residential lots and assists numerous lenders with the disposition of assets.

Jake Ermer
The Hogan Companies
2661 Riva Road
Annapolis, MD 21401

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