 |
| Bernard “Bernie” Huberman |
· Huberman developed the largest waste transfer facility in Los Angeles at the time.
· He went on to found BLT Enterprises, a firm that has invested in more than $2 billion in commercial real estate to date.
· BLT is one of the largest private commercial property owners in Southern California and continues to actively invest in and operate high-quality real estate throughout the state.
Los
Angeles, CA – The world lost a real estate legend on July 10 as Bernard
“Bernie” Huberman, age 65, passed away peacefully in his home surrounded by
loved ones.
A son of Russian immigrants who grew up in Boyle Heights working at his father’s scrap metal yard as a kid, Huberman pioneered the concept of a waste transfer and recycling facility early in his career – a move that transformed the industry and paved the way for the creation of BLT Enterprises in 1984.
 |
| Daniel (Dan) Rosenthal |
Huberman started the business driving a trash truck, and during his career developed, owned and operated large scale transfer stations and recycling facilities throughout California, with a core focus on sustainability and recycling.
Never one to sit still, Huberman and his business partner, Dan Rosenthal, jumped into the real estate business early in their careers.
 |
| Robert (Rob) Solomon |
They bought their first property together in 1987. Once they were bit by the real estate bug, they never stopped.
“Our first large scale waste facility was in Downtown Los Angeles on Washington and Alameda,” says Rosenthal, Executive Vice President and Chief Administrative Officer at BLT.
“We spent a lot of time in the area at the time and came across opportunities to acquire industrial properties that most real estate investors shied away from.
 |
| Nikolette Huberman Jacob |
Today, BLT is a multi-faceted real estate development and investment company with a track record of success, and is well positioned for continued growth.
“Bernie
had the rare combination of business acumen, empathy and passion,” says Robert
Solomon, Chief Development & Legal Officer of BLT.
“His early experiences as a truck driver and operator of waste facilities gave him an insider’s knowledge into industrial real estate at a time when that product type was rarely considered attractive.
"Today, with the rise of ecommerce, the growing demand for logistics facilities, and the supply/demand imbalance in most areas, industrial product is the most in-demand in the nation, putting BLT in a tremendously strong position.”
The company, which was founded in Los Angeles, then headquartered in Oxnard, California until its return to Los Angeles in 2016, currently has over three million square feet of industrial, creative office and sound stages under ownership.
“Bernie was a champion for measured, strategic growth,” says Rosenthal. “That guiding principle drives everything we do at BLT, resulting in our strong financial position and reputation as a trusted buyer, seller, owner and operator.”
Beyond this success, a culture of learning and inclusion has been fostered at BLT from the beginning, according to Nikolette Huberman Jacob, Manager of Real Estate Investment & Director of Corporate Philanthropy.
“My father’s focus was always on teaching,” says Huberman Jacob. “He trained and educated his team exceptionally well.
"One of his priorities in recent years has been to help people feel confident in their decisions, and the result is a remarkably proficient team with a successful track record to prove it.”
The firm continues to grow in accordance with its investment strategy and remains committed to its mission to “better the communities that have helped BLT succeed by improving the lives of families in need.”
BLT actively supports causes that help children, promote wellness, alleviate homelessness, and give back to local communities.
Shawn Guttersen
Shawn
Guttersen,
a partner in BLT since 1998 and a senior member of BLT’s waste and recycling
leadership team, says: “The entire BLT family has each been blessed by Bernie’s
vibrancy, generosity, forward-looking energy, and most importantly, fairness.
"His legacy will always be at the core of BLT. His heart is in everything the company does, now and in the future.”
CONTACTS:
Elisabeth
Manville or Jenn Quader
Brower
Group
(949)
438-6262
No comments:
Post a Comment