Richard O. Samit
Founder and Chief Executive Officer
Co-founder/Managing Member of S&W investments
Richard Samit is the Founder and CEO of Fraser Forbes Real Estate Services, an award-winning industry leader in the Washington, DC region. Samit has been responsible for building the firm into one of the Mid-Atlantic’s leading real estate companies. Since its founding in 1995, Fraser Forbes has consulted and transacted in excess of $5 billion in development sites, including over 600 separate projects encompassing over 50,000 residential lots and land entitled for over 7 million square feet of commercial development.
In addition to the companies’ best-in-class sales capabilities, Samit has created Fraser Forbes Management and Advisory Services Group, which provides local and regional market analysis, valuation underwriting, asset management and development solutions for our clients. His vision to help clients with much needed capital support brought about our Financing Services division which assists in raising real estate project equity and debt. Relationships have been established with institutional investors and high net worth individuals, as well as national, regional, and community banks. Fraser Forbes’ four distinct groups–Land and Property Sales, Financing Services, Management Services and Advisory Services are a direct product of Samit’s strategic vision; and he continues to lead their expansion to meet client needs in the real estate arena.
Mr. Samit is also a co-founder and the Managing Member of S&W Investments, a sister company to Fraser Forbes. The firm specializes in the ownership and management of Private Utility Systems throughout Maryland by purchasing the rights to water and sewer assessments. The firm capitalizes on its synergies with Fraser Forbes through its breadth and quality of business relationships with National, Regional and Local homebuilders and developers to grow its portfolio .
Mr. Samit’s personal subject matter expertise is well known among leaders in Washington Area real estate for sales, development, construction and finance. He has been a frequent presenter on regional real estate panels and has been featured in numerous articles in the Wall Street Journal, The Washington Post, The Washington Business Journal, Bisnow on Business, Globe Street, Smart CEO, Big Builder and Mid-Atlantic Real Estate Journal. He stays abreast of emerging trends and his network of industry-wide relationships built throughout his 28 year regional real estate career has been instrumental to the growth of Fraser Forbes and S&W .Mr. Samit is an active member of the community. He established the Richard O. Samit Charitable Fund of the Montgomery County Charitable Foundation which supports various organizations, is a member of the US Capital Chapter of Young Presidents Organization and serves on the advisory board of a leading community bank in the Metro area. Mr. Samit holds a Bachelors of Arts in Political Science from the University of Connecticut.
Mr. Samit resides with his wife and four children in Potomac, Maryland.