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Lake Charles Acquisition




NAI Latter & Blum Property Management is pleased to announce the acquisition of Redd Property Management in Lake Charles, LA. Redd Property Management, which was led by real estate Broker Matt Redd, specialized in the management of both commercial and residential real estate throughout Calcasieu Parish. This acquisition adds to Latter & Blum’s already robust portfolio of real estate under management as well as broadens the company’s reach into the Lake Charles market and surrounding areas. Redd Property Management will now operate under the name NAI Latter & Blum Property Management. The location of it’s office and staff will remain unchanged. “We’re excited to expand our services beyond Multifamily management in the Lake Charles market,” Joseph S. Pappalardo President/CEO Latter & Blum Property Management, Inc. said when interviewed about this acquisition. This acquisition comes two years after the merger was announced between NAI Latter & Blum’s commercial brokerage operation and NAI Lake Charles, the sister company to Redd Property Management.