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HL Glaves forms financial services firm in Wayne, NJ.

HL Glaves forms financial services firm in Wayne, NJ

Howard L. Glaves of Kinnelon, New Jersey, has established his own financial services firm, Glaves and Associates Inc., in Wayne, New Jersey. The firm, which includes Glaves and five principals, will concentrate on commercial and real estate brokering, asset management and advisement, securities brokering, and institutional money management.

"I'm excited by the business opportunities here in New Jersey," said Glaves. "Our team offers clients more than 45 years' experience in the investment banking and real estate business."

Before starting the company, Glaves spent 14 years with Kidder, Peabody & Company in New York, most recently as senior vice president of its Real Estate Group. Between 1986 and 1987, he headed Kidder's Commercial Loan Securitization Group, where he was responsible for all securitized commercial real estate transactions originated by Kidder. Glaves was credited with many firsts during his tenure in the division, including one of the first commercial loan transactions ever sold in the European markets.

Glaves also spent many years as a banker in Kidder's Municipal Finance Group, where he was responsible for new business development as well as client maintenance. He pioneered the firm's tax-exempt bond activities in the State of Georgia, where he completed 12 multi-family tax exempt transactions totaling more than $100 million.

He was also responsible for the firm's relationships with numerous state agencies, including the housing finance authorites of New Hampshire, Massachusetts and Pennsylvania. He is a graduate of Tufts University with a degree in economics.
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Publication:Real Estate Weekly
Article Type:Brief Article
Date:Nov 27, 1991
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