| Hogan Companies Assist Toll Brothers with $79 Million Acquisition in Montgomery County |
The Hogan Companies recently brokered Toll Brothers’ acquisition of the Faller property in Clarksburg. The 131 acre tract, a key property in the Cabin Branch PUD, has recently traded for $79.4 million and is expected to yield between 600 and 700 units when finally approved. President and CEO, Lawrence J. Hogan, Jr., stated “This is the third major land transaction we have closed with Toll Brothers this year, and we value our long-standing relationship with them.” The Hogan Companies, one of the most respected brokerage and land acquisition firms in the Baltimore-Washington region, currently averages more than a $100 million in sales and has been responsible for over $1 billion in real estate transactions. |
CONTACT: Judi Wobensmith Hogan Companies 2661 Riva Road Annapolis, MD 21401 410.266.5100 |
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