Update on Bryan Talbott, Esquire Federal City Management and Private Properties LLC

The Advoc8te is still getting emails from people who allege they and/or their condo association has been the victim of fraud/embezzlement by Bryan Waitman Talbott and/or Chester Ransom through their companies Esquire Federal City Management and Private Properties LLC. Several of the associations claiming fraud/mismanagement are located East of the River. Brandywine Crossing One is one such association.  From a TBD report:



If you are unfamiliar with this story go HERE .  It's been a few months since I posted on this last and  I wanted to send an update on the information I have received to date.

A Google search of "Bryan Waitman Talbott" reveals:

In 2003 the Virginia Department of Professional & Occupational Regulation revoked his real estate license. You can view the full document HERE.

"BRYAN WAITMAN TALBOTT
WASHINGTON, D.C.
File Number 2003-00581
VIOLATIONS – Talbott acted as an agent outside his brokerage firm, constituting a conflict of interest; failed to deposit monies into an escrow account; engaged in misrepresentation/omission by failing to identify the party holding deposits; and failed to account remit monies in his possession belonging to others.
BOARD ACTION – Revocation of License No. 0205111342 and a $4,000 fine."

In 2006, a Virginia Title and Insurance company sent out a bulletin to their branches advising them:

"Effective immediately, all policy issuing agents are instructed not to accept any orders or close any pending transactions involving the below listed individuals or entity without obtaining express written approval from the listed Stewart representative. 

Esquire, LLC;Bryan W. Talbott; andCharles Ransom, Jr.If your office has recently closed or has pending transactions with the named individual or entities, please contact the following Stewart representative IMMEDIATELY."

Despite all of this information and a prior federal felony conviction for embezzlement, owners at Brandywine Crossing One Condominiums are still baffled at how Esquire Federal City Management was selected by their developer as their property management company. According to news reports, Esquire was still doing business in the District despite a Cease and Desist letter from DCRA more than two years ago. You would think that considering the recent media attention and the current investigation into their business practices Bryan Talbott would be keeping a low profile however press releases have been showing up on the internet for Bryan Talbott and Private Properties LLC  as recently as August 12, 201l.

Excerpt from press release:

Bryan Talbott Is a Prestigious Property Manager At Private PropertiesBryan Talbott, an expert in YARDI (property management software) is into the property management industry since last 25 years. He works at Private Properties, a medium sized property management organization based in Washington DC. Also, he has worked with reputed organizations namely Esquire Management, Federal City Sales Leasing and Management, Wood Management, Dreyfuss Brothers and Charles E. Smith. He is one of the knowledgeable and experienced property managers in the country. He manages all the operations in a well-organized manner and performs all the tasks with great precision. He always succeeds in achieving the set targets within the prescribed time period. He convinces clients, investors or tenants with his exceptional communication skills. Also, he acts as a mediator and addresses important issues to the parties involved in a project.

According to information sent to The Advoc8te, Brian Talbott owns a beach house in Delaware and a house in Ohio in addition to his NINE BEDROOM mansion in NW that was raided in May.  The nearly 6,000 sq ft house is currently available for rent for only $6,000 a month - quite a steal!

If anyone has had any dealings with Esquire Federal City Management or Private Properties LLC or have any updates on the current investigation please include in the comments. It seems as if there are still more questions than answers. If you are looking for more information on the investigation contact  Braveheart who writes the blog, River East Idealist at rivereastidealist@gmail.com.

UPDATE: Including a link to DC court cases involving Bryan Talbott.

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