Utah industry appointments update - 5/15/2007

May 14, 2007

Heritage investment firm opens for businessMortgagePress.comReal estate investment firms Heritage Management Company LLC principals Jeffrey and Steven Greenburg have joined forces with real estate industry veteran Robert R. Martie to form Heritage Capital Group LLC. The new venture will focus on acquiring office, flex, industrial and retail properties east of the Mississippi River and will serve as the investment arm of a larger real estate organization that will also include the Heritage Management Company. The new company is already seeking investment opportunities. Among its initial strategic moves, Heritage Capital Group is forming an equity joint venture with a partner to be announced. Heritage Capital Group LLC is an investment firm based in Ridgewood, N.J. For more information, call (201) 251-9700 or visit www.heritagemgmt.com.

About the author

National Mortgage Professional

Link copied

Published

May 14, 2007

Regulation and Compliance

Fed Holds Rate Steady at 5.25% to 5.5%

Beginning in June, the Committee will slow the pace of decline of its securities holdings.

With inflation showing no signs of slowing down, the Federal Reserve showed no signs of cutting rates anytime soon Wednesday, as predicted. The Federal Open Market Committee announced its decision to hold interest rates steady for the sixth consecutive time at the conclu...

Construction

Home Builders Say Policymakers Have The Power To Ease Affordability

New plan put forth by trade association offers 10 solutions to nation's housing problem

With housing affordability having reached crisis levels nationally, America’s home builders are stepping in with a formula they believe will provide real solutions. The National Association of Home Builders (NAHB) today unveiled a 10-point plan to address the nation’s est...