Laramar Group
Laramar Group is a Chicago-based, privately held multifamily real estate investment and asset management firm operating across 20+ US markets. It invests in and manages apartment communities, urban mixed-use properties, and medical office buildings on behalf of accredited and institutional investors.
- Company typePrivate
- Founded1989
- HeadquartersChicago, United States
- Headcount1,001–5,000
- GTM typeB2B
- OfferingServices
What Laramar Group does
Laramar Group is a privately held, Chicago-headquartered multifamily real estate investment and asset management firm founded in 1989 by Jeffrey Elowe. The company operates three investment platforms — Multifamily Real Estate Funds (value-add, core+, and core strategies across 20+ US markets), an Urban Neighborhood Platform focused on small multifamily mixed-use assets in key urban markets, and a Medical Properties platform targeting medical office buildings in select geographies. It also engages in ground-up development, exemplified by a 155-unit project breaking ground in Denver. Across its history, Laramar reports 368+ acquisitions and $7.2B+ in cumulative transaction volume, with a stated $2.2B current portfolio value, and maintains offices in Chicago and Denver.
The business model combines three revenue streams: recurring rental income from owned apartment communities and medical office properties, asset management fees from its investment platforms, and transactional gains from acquisitions and dispositions. Capital is sourced from accredited investors, family offices, and institutional partners via a dedicated investor portal and direct field sales. Distribution of rental product is conducted through on-site leasing at individual assets across the portfolio.
Operationally, Laramar is a traditional real estate operator with no disclosed proprietary technology platform, AI/ML systems, or differentiated data assets. Its competitive positioning rests on operating tenure (35+ years), scale of capital deployment, geographic diversification across 20+ markets, and an integrated multifamily/urban/medical platform. Leadership is anchored by founder and CEO Jeffrey Elowe, with a recent CIO promotion (Ben Slad) signaling continued platform build-out, while headcount of 1,001–5,000 reflects a sizable property management and corporate infrastructure footprint.
Laramar Group firmographics
Firmographics- Name
- Laramar Group
- Legal name
- Laramar
- Website
- https://laramargroup.com
- Company type
- Private
- Founded year
- 1989
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Laramar Group is a Chicago-based, privately held multifamily real estate investment and asset management firm operating across 20+ US markets. It invests in and manages apartment communities, urban mixed-use properties, and medical office buildings on behalf of accredited and institutional investors.
- Ownership category
- akta.pro rank
Where Laramar Group is headquartered
LocationHeadquarters
- HQ city
- Chicago
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Laramar Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Infrastructure, Marketing or Sales
Revenue model
- Real Estate Rental Income: Revenue generated from multifamily and mixed-use properties across 20+ markets. Income from tenant leases in owned apartment communities and medical properties.
- Asset Management Fees: Fees collected for managing investment portfolios including multifamily funds, urban neighborhood platform, and medical properties investment platform.
- Property Acquisition and Disposition: Revenue realized through buying and selling real estate assets, including value-add acquisitions and development projects.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels3 records
Laramar Group product offering
Product offeringCore offering
Laramar Group is a multifamily real estate investment and asset management firm that operates three investment platforms: Multifamily Real Estate Funds (value-add, core+, and core opportunities across 20+ markets), an Urban Neighborhood Platform (small multifamily mixed-use properties in key urban markets), and Medical Properties (medical office building investments). The company acquires, develops, and manages a $2.2B portfolio across more than 20 US markets.
Product overview
Laramar Group operates as a multifamily real estate investment firm offering three distinct investment platforms: the Multifamily Real Estate Funds (focused on multifamily and mixed-use properties across 20+ markets with value-add, core+, and core strategies), the Urban Neighborhood Platform (specialized asset management for small multifamily mixed-use properties in urban markets), and the Medical Properties platform (medical office building investments balancing stability with value-add opportunities). These platforms collectively manage a $2.2B portfolio value with $7.2B+ in total transactions and 368+ acquisitions across 35+ years of business.
Differentiator
Problem solved
Functional benefit
Brands
- Urban Neighborhood Platform: Specialized investment and asset management platform for small multifamily mixed-used properties in key urban neighborhood markets.
Products and services
- Multifamily Real Estate Funds Investment vehicles focused on multifamily and mixed-use properties across 20+ US markets, with an emphasis on value-add, core+, and core opportunities. Aimed at accredited investors and institutional capital partners seeking professionally managed real estate exposure.
- Urban Neighborhood Platform Specialized investment and asset management platform for small multifamily mixed-use properties in key urban neighborhood markets. Designed for investors seeking exposure to smaller-scale urban real estate assets.
- Medical Properties Investment platform focused on assembling a portfolio of distinct medical office assets that balance stability with value-add opportunities in select geographies near major medical centers (such as Lakeland Regional Medical Center). Serves investors and healthcare tenants.
Quantifiable outcome
- Completed 368+ acquisitions with $7.2B+ in total transaction volume
- +2 more outcomes
Companies that use Laramar Group
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles3 records
Laramar Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Laramar Group partnerships and signals
Strategic signalScale indicators5 records
Recent moves5 records
Expansion highlights4 records
Laramar Group competitors and assessment
Company assessmentDirect peers
- Berkshire Residential Investments: Private multifamily investment manager raising capital from institutional LPs and operating apartment portfolios. Closely comparable to Laramar's multifamily fund strategy and institutional LP distribution model.
- Bozzuto Group: Privately held multifamily developer, owner, and property manager with an investment arm. Closely comparable to Laramar as a private, vertically integrated multifamily investment and operating platform with a similar urban/suburban focus.
- Greystar Real Estate Partners: Largest multifamily property manager and investment manager globally, operating investment funds and managing hundreds of thousands of units. Direct competitor to Laramar's Multifamily and Urban Neighborhood platforms on investment management, leasing, and operations.
- BH Management Services: One of the largest privately held multifamily property managers in the US, with affiliated investment activity. Directly comparable to Laramar on the property-management operating side and on third-party management for institutional owners.
Broad incumbents
- AvalonBay Communities: Public multifamily REIT investing in apartment communities in high-barrier-to-entry US markets, with an active development pipeline. Comparable to Laramar across multifamily acquisition, development, and asset management, with overlapping geographic exposure.
- Equity Residential: Public multifamily REIT focused on urban and high-density apartment communities in gateway markets. Most directly comparable to Laramar's urban multifamily portfolio by asset class, geography, and tenant profile, though at vastly larger scale and with public-markets access.
- Cushman & Wakefield: Global commercial real estate services firm providing investment sales, leasing, and property management. Adjacent comparable to Laramar on the brokerage and property-management services that surround multifamily investment activity.
- UDR, Inc. Public multifamily REIT operating a national portfolio of apartment communities with active development. Comparable by asset class and operating model, with overlap in urban and value-add multifamily strategies.
- JLL (Jones Lang LaSalle): Global real estate investment and advisory firm with multifamily investment-sales, capital-markets, and property-management capabilities. Broadly comparable to Laramar's investment, asset management, and property management activity within a much larger diversified platform.
- Mid-America Apartment Communities: Public multifamily REIT focused on Sun Belt apartment communities. Comparable to Laramar's Southeastern US exposure and value-add multifamily strategy, though at much larger scale and public-markets funded.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Laramar Group social profiles
Digital presenceLaramar Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Laramar Group leadership team
Management profileNumber of profiles
Profiles2 records
Laramar Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Laramar Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Laramar Group
What does Laramar Group do?
Laramar Group is a multifamily real estate investment and asset management firm that operates three investment platforms: Multifamily Real Estate Funds (value-add, core+, and core opportunities across 20+ markets), an Urban Neighborhood Platform (small multifamily mixed-use properties in key urban markets), and Medical Properties (medical office building investments). The company acquires, develops, and manages a $2.2B portfolio across more than 20 US markets.
Is Laramar Group a public or private company?
Laramar Group is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Laramar Group founded?
Laramar Group was founded in 1989. It employs 1,001 to 5,000 people.
Where is Laramar Group based?
Laramar Group is headquartered in Chicago, United States, in the North America region.
How does Laramar Group make money?
Three revenue lines are on record. Real Estate Rental Income is the primary driver. The others are asset Management Fees and property Acquisition and Disposition.
Who are Laramar Group's main competitors?
Direct peers on record are Berkshire Residential Investments, Bozzuto Group, Greystar Real Estate Partners and BH Management Services. Broad incumbents are AvalonBay Communities, Equity Residential, Cushman & Wakefield, UDR, Inc., JLL (Jones Lang LaSalle) and Mid-America Apartment Communities.
Does Laramar Group have an API?
No public API is recorded for Laramar Group.