Stephen Ferrandi Sells 125 townhome lots in Elkridge, MD for $11,400,000
Stephen Ferrandi representing a family investment group sells 125 townhome lots in Elkridge, Howard County, Maryland to Lennar for $11,400,000. This sale represented the first phase of a multi-phased project known as Blue Stream. Once complete the project is expected to yield 1345 residential units – multifamily and townhomes as well as a shopping center. It is located off of Route 1 along the Howard County redevelopment growth corridor.