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Judah Hertz

Judah Hertz
Born c. 1950
Brooklyn, New York City, U.S.
Residence Malibu, California, U.S.
Occupation Real estate investor
Spouse(s) Astrid Hertz

Judah Hertz (born c. 1950) is an American real estate investor and philanthropist. He is the founder of the Hertz Investment Group. He is the owner of many office buildings in Downtown Los Angeles, the New Orleans Central Business District and cities across the Southern United States.

Judah Hertz was born circa 1950 in Brooklyn, New York City.

Hertz founded the Hertz Investment Group, a real estate investment company based in Santa Monica, California, in 1979. The company includes a subsidiary, Sapphire Gaming, which invests in casinos.

Hertz acquired the California Mart, also known as the California Market Center, in Downtown Los Angeles in 2000, only to sell the building complex to investor David Lee for US$135 million in 2004-2005. By 2000, Hertz was the owner of "about 3 million square feet of office space" in Downtown Los Angeles.

Hertz acquired the in Reno, Nevada in 1999, but sold it by 2000. However, by 2000, he was denied a license in Nevada by the Nevada Gaming Commission, then chaired by Brian Sandoval. Hertz denied any wrongdoing.

Four weeks before Hurricane Katrina in 2002, Hertz acquired several buildings in the Central Business District of New Orleans, Louisiana, including the Hyatt Regency, the Dominion Tower and the New Orleans Centre. He also acquired the Poydras Center, the Louisiana Land and Exploration Company Building, the Texaco Center on Poydras Street. In total, he spent US$200 million. Hertz weathered the hurricane thanks to his insurance. By 2006, Hertz was in disagreement with Laurence S. Geller, the chief executive officer of the Strategic Hotels & Resorts, over the ownership of the Hyatt Regency.


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