Successful Asset Sale
In 2017, Lantian sold this 62-acre campus in Prince George’s County, Maryland, to a foreign investment group. Its nine buildings, located just off the Beltway, represented approximately 150,000 square feet of classrooms, dormitories, a gymnasium and a cafeteria and administrative space. The sale was named one of the Top 26 Real Estate transactions for 2017 by the Washington Business Journal.
Lantian held the property for approximately 30 months and were able to successfully capitalize on market demand for this unique institutional asset. Sale of this asset has allowed us to recycle capital into other existing and new projects.