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The Laramar Group Gains 7,000 Units

LOS ANGELES-The Laramar Group acquires JB Partners Group, gaining five new properties and adding 7,000 units to its property management portfolio.

By Kelsi Maree Borland | Updated on September 05, 2013

LOS ANGELES-National real estate investment and property management company the Laramar Group has acquired JB Partners Group Inc. for an undisclosed amount. The transaction will add five new properties with 500 units to the company’s property portfolio, and 77 properties, totaling 7,000 units, to the company’s property management portfolio.

“This was very good timing, the right price and because we had a long-standing relationship with JB Partners Group, this was an opportunity for us to advance into and grow our Southern California platform,” Jeff Elowe, president and CEO of the Laramar Group, tells GlobeSt.com.

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