Ex-Brisben CEO Launches Real Equities Real Estate Advisors

The Apartment Report
April 28, 2003

Former Brisben Companies CEO Terry Schwartz has started a new business that will focus on buying and managing value-added properties, as well as on institutional asset management advisory. Real Equities Real Estate Advisors will look to acquire distressed properties in the Midwest for turnaround. It will manage its own portfolio as well as fee-mange properties for other owners. Schwartz will serve as managing partner. Schwartz left Brisben Companies several months ago after the announcement that the company's assets had been sold to AIG SunAmerica Inc., and all company operations, including National Realty Management, would be closing down. Real Equities Real Estate Advisors will operate in Bingham Farms, Mich., where Schwartz has maintained a family home for many years

©Crittenden Research, Inc. 2003