Hertz Investment GroupHertz Investment Group is a national real estate investment company for high end,prestigious buildings and office parks. The company specializes in theacquisition, marketing and management of prominent buildings around the countrysuch as high rise office buildings, prestigious market centers, historicallandmarks, luxury hotels, popular theaters, large retail centers, and even multi-family residential properties.HistoryThe Hertz Investment Group was founded by Judah Hertz who was born and raised inthe state of New York. Hertz began his real estate strategy and success in the1970’s when he started to purchase dilapidated buildings in the SoHo warehousedistrict. He quickly made an investment turn around by repairing the oldbuildings and replacing them with trendy, well built lofts. As he finished theirrenovations, he sold them as they became in high demand.After quickly developing and reinventing the New York area, Judah Hertz moved onto the South Florida Miami area and bought up condo buildings. His renovation ofcondos in Miami didn’t last long when he moved on to the Los Angeles area. Hismove to Los Angeles created an ultra real estate portfolio. His portfolio quicklycontained a 3.5 million square foot office building and it became his company’smain base.New Orleans Real Estate DevelopmentIn August of 2005, Judah Hertz announced his plans to sell his Los Angelesholdings and move to the New Orleans area. He would keep a house in Malibu, buthis sights were now set on the Louisiana city. His love for the new city wouldbring the real estate company’s main headquarters to New Orleans instead of LosAngeles.His investment beginnings in New Orleans started in 2003 when he purchased atwenty seven story office building named Poydras Center. That same year, Hertzdecided to continue his New Orleans investment by buying out other buildings inthe area namely the Dominion Tower and New Orleans Shopping Centre.In 2005, he added to his city landscape and bought out two more properties. LL&ETower in May and the Texaco Center were added to the Hertz portfolio. Theinvestments added to the real estate mogul’s land with a total of 2.5 millionsquare feet in a 9.5 million square feet commercial land market.New Orleans is not the only city that Hertz invested in real estate. He alsobought one million square foot in Tulsa, Oklahoma and another 1.5 million squarefeet in Pittsburgh.Although the company holds office space and large offices in multiple states, asof 2005 Hertz Investment Group is focused on the New Orleans area. His thirty sixmonths of buying massive property in the New Orleans area has made him the leaderin real estate holdings in the area. Judah Hertz has spent $155 million ininvestment property and $38 million of that money came from his own pocket.Strategic InvestmentsThe Hertz Investment Group has prided itself with strategic investments in anarray of valuable property for renovation. Its acquisition of property isevaluated and renovated for a profit. The company focuses on property that cangive a return investment, but it also considers the benefits of betterpreservation and upkeep of historical land.Hertz Investment Group quickly buys property that can potentially have marketvalue. Its key motto is the proper investigation and evaluation of land that canrevitalize its home city. The renovation of Wiltern Center, the Oviatt Building,and the Park Plaza Hotel in Los Angeles brought the company a financial gain, butit also helped bring added value to the city.Top ExecutivesJudah HertzJudah Hertz is the founder of the national investment company. He started from asmall area in New York and grew the company into a national, multi-million dollarreal estate firm. His goal has always been the strategic investment of key land