His other holdings have included Kaiser Aluminum Corporation, a pari-mutual racing facilities in Texas, real estate developments throughout the Southwest and the Ozark Mountains in Arkansas; retail store complexes in western New York; a golf resort in Florida and a hotel-condominium resort and 1,300 acres developed in Puerto Rico.
In 1988, his company Federated Development built a $75-million resort hotel in Rancho Mirage, California, overcoming opposition from residents, including Frank Sinatra.
[1][8] Other companies associated with Hurwitz include McCulloch Oil which became MCO Holdings, and Sam Houston Race Park.
[10] Hurwitz alleged he was not in a position to have operating power at the United Savings Association of Texas, and he was not personally responsible for the 1988 collapse of the company which cost taxpayers $1.6 billion dollars.
[10] Ultimately in 2005, United States District Judge Lynn Hughes ruled in Hurwitz's favor, and ordered the agency to pay, "for its betrayal of the public trust, its vindictive political assault on a private citizen" - $72.3 million dollars in attorneys fees.
[12][13] This case had been closely watched by the steel workers union, who were suspect of Hurwitz on the collapse of the Kaiser Aluminum Corporation, a Maxxam, Inc. subsidiary company.
[1] In 1982, local residents including Frank Sinatra opposed the building and as a result, Federated Development donated 350 acres to the city as a wildlife corridor.