[1] In 2003, the company acquired four buildings in New Orleans, three from Simon Property Group at a cost of $36 million.
[4] The company acquired Bridgewater Place, an office building in Grand Rapids, Michigan in 2013.
[8] During the COVID-19 pandemic, the company's investment in office space became a liability, as remote work became increasingly prevalent.
[9] In 2020, Capital One Tower in Lake Charles, Louisiana, owned by Hertz Investment Group, was severely damaged in hurricanes Laura and Delta.
[10] In mid-2022, almost two years after Hurricane Laura, the City of Lake Charles declared the office tower a blighted property in an attempt to force Hertz Investment Group to begin repairs to the building, and then joined the lawsuit between Hertz Investment Group and the insurance provider to protect the city from having to pay the estimated $20 million cost of demolition if Hertz abandoned the building.