Mill Valley, CA (PRWEB) November 18, 2010
Thomas E. Cooper, Chief Operating Partner and General Counsel of JB International Funds, and Ralph S. Epstein, Senior Managing Director of Epstein Properties LLC., today announced the formation of a strategic alliance. Mr. Epstein will assist JB International Funds in evaluating mixed-use and retail opportunities in current markets in which the Fund has interests and in other appropriate markets across the country.
JB International Funds is a private equity group with main offices in Mill Valley, California and Midland, Texas. (See their website at: http://jbfunds.com) The Fund invests in commercial real estate, FDIC commercial paper, and direct hard money loans. JB International Funds currently has real estate-related assets in Portland, Oregon, Georgetown, Texas, and Midland, Texas.
Epstein Properties LLC is based in San Anselmo, California and is a real estate advisory firm specializing in market-driven development and merchandising strategies. (See their website at: http://ralphepsteinproperties.com)
Cooper and Epstein plan to announce a more formal arrangement in the first quarter of 2011, which will include the formation of a $100,000,000 retail, value-add fund that will focus on mixed-use, in-fill urban development and redevelopment opportunities in select markets throughout North America.
# # #