Cory Guy, whose specialty is alternative investments in capital markets, joins the Newport Beach office.

NEWPORT BEACH, CA-In an effort to expand its California footprint, the Heritage Group, a commercial real estate management and advisory firm, has opened new offices in Newport Beach and Los Angeles. The company currently has offices in San Francisco and San Diego, where it is headquartered.

In addition, three new senior directors have been hired for the Newport Beach, San Diego and Los Angeles offices. Cory Guy will join the Newport Beach office, Craig Cooper will be based in San Diego and Glenn Gilmore in L.A.

According to Rocco Cortese, managing partner of the Heritage Group, “With the improving economy, we are pleased to hire top-tier industry professionals that bring new depth and talent to our growing company. The Heritage Group is now in four major metro areas of California, and we have added strong individuals to each of our service lines.”

Guy began his career as a commercial broker in Orange County. Over the past 10 years, he has held various positions as a capital-markets professional specializing in alternative investments while representing two nationally recognized real estate sponsorship organizations.

Gilmore has more than 15 years of operations and management experience in real estate-related service industries. In his most recent position, he led the Los Angeles corporate-development team of a multi-national service company. During his tenure with the firm, his group acquired and integrated more than $2 billion of industry-leading facility companies.

Cooper has more than 20 years of experience as a financial advisor in real estate-related investment offerings. His background also includes an emphasis on taxation holding and an enrolled agent license that allows him to represent taxpayers. Cooper has represented investors in $150 million in various real estate transactions.

As reported in November 2012, Cortese originated approximately $10 million in equity with a Southern California-based private-equity firm to help Ridge Capital acquire two California apartment properties valued in excess of $30 million.