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The Laramar Group Expands California Presence with Acquisition of JB Partners Group and Five Properties
Dec 2, 2014

December 2, 2014 CONTACT:

CHICAGO (Dec. 2, 2014) – Laramar Management Services, LLC, a subsidiary of the Laramar Group, announced that Woodview Apartments, a 248-unit rental community master developed by Conor Commercial Real Estate and Ravine Park Partners will begin pre-leasing in January 2015. The property is located in Deerfield, a northern suburb of Chicago.
Laramar Management Services has been acting as development consultants on this project for the past 18 months and has provided advisory services on Woodview's brand and identity, as well as on unit layout design, common area interiors and finishes. Laramar will lead the pre-leasing activity and property management.
“The team at Conor Commercial Real Estate and Ravine Park Partners understand the evolving demands for residents in suburban-urban cores such as Deerfield,” said Steve Boyack, Laramar senior vice president of asset management. “With our understanding of this market, we will continue to support the development of an exciting and desirable community to meet the lifestyle needs of the Woodview resident.”
Woodview Apartments is unparalleled in both interior home finishes, as well as state-of-the-art amenities. The Class A homes, designed on four boutique-styled floors, feature studios, one-, two- and three-bedroom apartments totaling 432,000 square feet. Garage parking offers indoor and deck stalls for 320 vehicles, with additional parking available on the property for 122 vehicles. Woodview offers modern, high-quality features and amenities, including stainless steel appliances and fixtures, in-unit washer/dryer, high-end cabinetry, upgraded plank flooring and quartz countertops. Community features include a technologically advanced fitness
center, iLounge, resort style outdoor pool, conference room, exhibition kitchen, entertainment venue and bicycle maintenance area.
Woodview has been designed to take advantage of the natural landscape with jogging trails connecting to Parkway North, a dog run and spa, courtyards and green space. The development team is aiming for the property to achieve LEED certification.
Units are scheduled for delivery in April 2015, and the leasing office will open on January 5, 2015. For more information about this project, visit http://woodviewdeerfield.com.
About Laramar Management Services
Laramar Management Services, LLC, a subsidiary of The Laramar Group, provides development consulting and management services for multifamily developments, from initial property purchase and renovation to brand and identity, as well as unit layout design, common area interior plan and building finishes. The division has extensive experience in leading the strategy and execution of pre-leasing and ongoing property management, in both stabilized assets and new developments.
For further information, please visit www.laramargroup.com
About Laramar
The Laramar Group, founded in 1989 and with corporate headquarters in Chicago and property management headquarters in Denver, is a national real estate investment and management company with 14 regional offices and more than 1,000 employees across the United States. With an established strategy of pursuing value-add investments in multi-family real estate assets on a national basis, the Laramar Group and its predecessor company have invested roughly $3 billion throughout the United States and currently owns and/or manages in excess of 30,000 units and over 1M square feet of retail assets. For more information, please visit www.laramargroup.com.

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