Judah Hertz and his growing real estate corporation, The Hertz Investment Group, have added design and style to various downtown city communities nationally. His corporate designs and innovation brings communities and their older buildings a vision of refined, luxury living. Several cities have benefited from Hertz Investment Group renovations. Cities such as Los Angeles, New Orleans, Pittsburgh, Kansas City, and Miami have been touched by the corporate redesign.
New York is the original home for Hertz, and it was the state where he first discovered his niche. He bought some old, rundown apartments in the downtown SoHo warehouse district. He saw their potential as he refurbished, redesigned, and created trendy apartments for the local residents. As their price rose, he sold the building for a profit. This set the standards for his future in strategic real estate investments.
Hertz took his New York profits, and he decided to purchase old condos in the Miami, Florida area. He did the same turnaround that he did in New York. He renovated the old condos into trendy apartments for residents. His profits benefited his real estate ventures as well as the community that he redeveloped.
Although his time in Miami was beneficial, Hertz decided to take his company to Los Angeles where he purchased 3.5 million square feet of property to base his Hertz Investment Group. He purchased and designed luxury office suites that became the headquarters for the successful corporation. Through the years the Hertz Investment Group focused on Los Angeles and its surrounding areas, but profits began to dwindle as the market became too expensive to make a reasonable turnaround.
It was then that Hertz began searching for more beneficial, profitable real estate positions. He soon found his interests in the New Orleans downtown infrastructure. He began quickly purchasing property to renovate and redesign. Although he bought plenty of local land, he still maintained a high standard of strategic acquisitions. After several months of purchasing property, Hertz found himself with control of twenty five percent of the New Orleans commercial real estate market.
When Hurricane Katrina hit New Orleans, the impact on the city as well as Hertz investments had taken a toll. The extensive water damage, roof damage, and broken glass were just a few of the major issues that the Hertz buildings suffered. Hertz quickly formed an official damage team to assess the property damage. It was not long after they brought the damage report that Hertz developed a plan to bring back the same luxury style to downtown New Orleans. He managed to save his buildings and helped bring back the city’s landscape.
Through continual effort and strategic acquisitions, Hertz has developed a real estate empire that benefits communities across the country. His ability to create team vision and building redesign efforts have brought him profit and financial freedom. As the real estate market continues to grow, he manages to redesign corporate standards. Even through tough times, Hertz determination has developed a unique vision that has benefited real estate and cities nationally.
