Project 05 / Sold · 2017 WBJ Top 26

Washington Bible College (Lanham)

A 62-acre former campus in Lanham, Maryland. Acquired in 2015 for $11.6M; sold in 2017 for $16.5M. Named to WBJ's Top 26 transactions of 2017.

Address
Lanham, MD
Location
Lanham, Prince George's County, Maryland
Datum
38.974°N, 76.847°W
Acreage
62 ac
Years
2015–2017
Firm
Lantian Development
Role
COO → CEO
Outcome
Two-year hold; resold for $16.5M.
Award
Nominee — 2017 WBJ Land Sale of the Year (Top 26)

Sixty-two acres of former Bible-college campus in Lanham, bought in 2015 for $11.6M and resold two years later for $16.5M. Named to the Washington Business Journal's Top 26 transactions of 2017 and a Land Sale of the Year nominee.

References

  1. Lantian sells 62-acre Washington Bible College campus two years after acquisition · Bisnow