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Fraser Forbes Names Caryl Ruppert Ersenkal Director of Advisory Services

8/1/2007

McLean, VA, August 1, 2007–Fraser Forbes Company, a D.C. real estate services firm, announced today that Caryl Ruppert Ersenkal has been appointed Director of Advisory Services. A member of the Fraser Forbes team since early 2006, she will lead its new Advisory Services Division, which provides resources to the market for all areas of real estate, including land development, land entitlement, site acquisitions and dispositions, market studies and property valuations, among many other services.

Ersenkal will direct a multi-disciplinary advisory team focused on providing research-driven guidance to clients that earns maximum value for their investment. Prior to joining the firm, she enjoyed a successful career of nearly 30-years that included consulting and program management for USAID funded international urban development projects, teaching at the university level, and development management of a 16-acre corporate facility for a fast-growing company in Montgomery County, Maryland. A native of the Washington metro area, Caryl attended Clemson and New York Universities, holds a Master's in City and Regional Planning and a Ph.D. in Regional Economics.

"Caryl brings a vast amount of academic knowledge and unparalleled intellectual resources to Fraser Forbes," said Rich Samit, president and CEO of Fraser Forbes. "We believe she is the key to growing a successful advisory services division and we are thrilled to have her manage this new division."

About Fraser Forbes

Founded in 1995, Fraser Forbes Company (http://fraserforbes.com) is a comprehensive real estate services firm specializing in the DC/VA/Baltimore metro market. Fraser Forbes has completed close to $3 billion in transactions for its clients consisting of over 30,000 residential lots and over 5 million square feet of commercial land. Whether representing clients buying and selling raw land for future development, brokering real estate deals slated for office, retail, hotel and industrial uses, or rendering advisory and management services, Fraser Forbes empowers its clients to get the most out of their investments. Fraser Forbes is the premier, full-service real estate firm in the DC/VA/Baltimore metro area market. Fraser Forbes Company can be reached at 703-790-9400.

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For additional information, please contact Rich Samit, CEO at rsamit@FraserForbes.com.