Annapolis private equity firm Thomas Park buys The Loughlin Management Group, including stake in KLNB

Loughlin and KLNB oversee more than 160 properties in Greater Washington.

Annapolis private equity firm Thomas Park buys The Loughlin Management Group, including stake in KLNB

Loughlin's new name will be Thomas Park Management. EJ Rumpke, Thomas Park CEO, stated in a statement that his company plans to partner with KLNB to expand its footprint 'further along the East Coast and further afield. According to Washington Business Journal research, KLNB Management/The Loughlin Management Group ranks 20th in Greater Washington in terms of the area's property management companies. It currently has four employees, and plans to hire five to seven additional people this year to help with its marketing and sales efforts. Madonna will bring 40 years worth of hits to Europe and the United States, including a stop at D.C. this Labor Day weekend. On Sept. 2, the pop star will perform at Capital One Arena. Tickets go on sale Friday. (NBC4)