Craftsmen Developers Completes Sale of ‘Cromwell Ridge’ to Ryland Homes

Craftsmen Developers, one of the region’s leading land development firms, today announced that Ryland Homes has completed the purchase of Cromwell Ridge, a new residential development comprised of 31 single family homes in the Cromwood-Coventry community in Parkville, Md. The Cromwell Ridge neighborhood is situated on two cul-de-sacs at the end of Rushley Road, off of Oakleigh and Joppa roads.

“This sale is one of four major land transactions that Craftsmen Developers has completed in Baltimore County in the last 12 months,” said Craftsmen Co-Owner Conor O. Gilligan. “We are finally enjoying sustained growth which is a testament to these recent transactions.”

“Craftsmen and Ryland share a commitment to sustainability and respect for the environment—an important consideration in our selection of a national home builder for Cromwell Ridge,” Gilligan said. “Plus, Ryland has a long-standing reputation of building high-quality, beautiful energy-efficient homes.”

“Cromwell Ridge is a wonderful extension of the well-established and stable 50-year-old Cromwood-Coventry community,” he added. “ It is close to Baltimore County schools, great shopping, community activities and other amenities of the Greater Towson area, yet off the beaten track, providing an oasis-like setting. With serene and private wooded views, we believe home buyers will love this unique neighborhood.”

“This is an exciting acquisition for Ryland Homes, as it marks the first time we have completed a real estate transaction with Craftsmen Developers,” said John Meade, President of Ryland Homes Baltimore Division. “We are eager to begin building the Cromwell Ridge homes, and look forward to a prosperous relationship with Mr. Gilligan and his team.”

About Ryland Homes

Since 1967, Ryland Homes has been committed to building high quality, energy-efficient new homes. Today, rooted in its national strength, local focus and unwavering commitment to the customer, Ryland proudly builds in 17 states across the country. For more information about Ryland Homes visit www.Ryland.com.

About Craftsmen Developers

Founded in 2008 by CEO W. Dennis Gilligan following 30 years in the real estate industry, the Glen Burnie, Md.-based Craftsmen Developers is a land development firm that acquires, develops and sells residential and commercial real estate properties in the Mid-Atlantic region and also provides consulting services to third-party clients. Operating under the principle that it can improve the environment by creating “Green Neighborhoods,” the firm strives to demonstrate a commitment to green development, experience and maturity, maintaining existing and building new partnering relationships, and ensuring the highest level of confidentiality and professionalism. For more information visit www.craftsmendevelopers.com.