Real Estate Investor Merrick Donates $1 Million to United Way

PR Newswire

NEW ORLEANS, April 4, 2014 /PRNewswire/ -- Real estate investor, Robert W. Merrick has signed a check for one million dollars to United Way of Southeast Louisiana  — making Merrick the first person to do so in Louisiana.

A renowned civic leader and philanthropist, Merrick is Chairman and CEO of LATTER & BLUM Inc., the oldest and largest commercial and residential real estate operation in the Gulf South. With this gift, Merrick has joined the ranks of Bill and Melinda Gates, Warren Buffet, and George Clooney as a member of the United Way Million Dollar Roundtable.

When asked why he contributes so much of himself and his wealth to the nonprofit sector, Merrick replied, "For two reasons. First, I was not born wealthy and believe in helping those who are down on their luck pull themselves up by their own bootstraps.  And, second, I hope to encourage more people with the ability to give, to do so.  Can you imagine all the good we could do for our community if everyone voluntarily gave, according to their means?"

Following Hurricanes Katrina and Rita with hundreds of people on his payroll and with clouds of uncertainty over the regional real estate market, Merrick continued to pay salary to all of his employees, regardless of their ability to work and assisted with their housing.

A nationally respected expert in real estate, Merrick is the only person in Louisiana and one of a handful nationally, to earn the professional designations of the Appraisal Institute (MAI), American Society of Real Estate Counselors (CRE), Society of Industrial and Office Realtors (SIOR), and Commercial Investment Real Estate Institute (CCIM).

About Latter & Blum Inc.
Latter & Blum, Inc., established in 1916, is the largest full-service real estate brokerage in the Gulf South and operates Latter & Blum, Inc./REALTORS, C.J. Brown REALTORS Inc., Van Eaton & Romero REALTORS, Noles-Frye Realty, while Latter & Blum Classic Homes & Properties, Latter & Blum Shaw Properties and Latter & Blum Hometown, operate under franchise agreements. All are networked nationally and globally as ERA Powered Companies.  NAI Latter & Blum Commercial Real Estate, Latter & Blum Property Management, Latter & Blum Insurance Services, Platinum Title and Essential Mortgage Corp. augment the core real estate company operations. for a total of 35 offices in LA and MS.

Contact: Cheryl Taylor Bowie
Office: 337-235‐2416

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