| Hogan Companies Sells 271 Unit Potomac Chase Development for Pulte |
| Lawrence J. Hogan, Jr., President and CEO of the Hogan Companies
headquartered in Annapolis, Maryland, announced today that the company
recently brokered the sale of 271 recorded single-family lots located in
the Potomac Chase subdivision in Accokeek, Maryland. The Hogan Companies handled the sale as a broker for the seller, Homeland PG, LLC, owned by Pulte Homes Corporation. The 271 lots represent a portion of the Potomac Chase project, previously known as Homeland, which straddles the Prince George’s and Charles County border off of Route 210. The purchasers, a North Carolina based Investment firm, paid $2.25 million, for the 271 recorded lots on the Prince George’s County side of the project. Kevin Setzer and Tom Fiori of the Land and Commercial Brokerage Division of the Hogan Companies, represented Pulte Homes Corporation in the transaction. The Hogan Companies North Carolina and Maryland offices worked with both the seller and the North Carolina buyer in this transaction The Hogan Companies, the leading land brokerage firm in the state of Maryland has been responsible for the sale of more than 40,000 residential lots, and assists numerous national developers with the disposition of assets. |
CONTACT: Jake Ermer Hogan Companies 2661 Riva Road Annapolis, MD 21401 410.266.5100 |
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