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About Heritage Property Management

Heritage Associates Corporation was established in 1974 and has been serving Eastern Iowa for more than 50 years. Today, we are a leading provider of property management, commercial real estate, business brokerage, receivership, and development services.

Heritage offers a broad range of real estate products and services to commercial tenants, property owners, investors, lenders, and businesses, while also providing quality rental housing for individuals and families throughout our community. Our experienced team brings together decades of knowledge in real estate, property management, financial oversight, and development to provide practical, professional solutions tailored to each client’s needs.

Commercial real estate brokerage is a core focus of our business. Heritage assists new and expanding companies, investors, and property owners with securing, negotiating, leasing, purchasing, and selling commercial real estate.

Our commercial real estate services include office, retail, warehouse, industrial, and other multipurpose properties. With years of experience structuring financial packages and navigating complex transactions, we help contribute to the timely and successful completion of real estate transactions.

Property management is another cornerstone of Heritage’s business. In addition to real estate sales and brokerage, Heritage operates one of the largest fee-based property management companies in Eastern Iowa.

Heritage provides customized, turnkey management solutions for apartment communities, shopping centers, office buildings, warehouses, homeowners and condominium associations, and other specialized properties. Our experienced team provides comprehensive management, financial reporting, bookkeeping, maintenance coordination, tenant and resident services, inspections, and day-to-day operational support.

Business brokerage is a specialized service offered to clients interested in the purchase or sale of closely held businesses. Active in both consulting and sales, Heritage provides confidential, professional guidance and assistance throughout the transaction process.

We work with buyers and sellers to help evaluate opportunities, coordinate the transaction, and navigate the complexities involved in the purchase or sale of a business.

Receivership services are another specialized area of expertise for Heritage. With decades of experience, we provide a comprehensive approach that combines asset management, operational control, property management, financial oversight, liquidation, and sales.

Heritage has provided receivership services for lenders and government agencies, working to protect and preserve assets while managing complex operational and financial situations. Our experienced team provides the hands-on management and detailed reporting necessary to effectively oversee properties and assets throughout the receivership process.

Development has long been an important part of Heritage’s business. Our experience includes the renovation and repositioning of existing commercial and multifamily properties, new construction, and commercial development projects.

From evaluating opportunities and coordinating improvements to overseeing development and redevelopment efforts, Heritage provides the experience and resources needed to help clients bring real estate projects from concept to completion.

For more than five decades, Heritage Property Management has combined experience, local knowledge, and a practical approach to deliver comprehensive real estate solutions. Whether managing a property, completing a commercial transaction, assisting with the purchase or sale of a business, overseeing a receivership, or developing a new project, Heritage is committed to providing knowledgeable, responsive, and professional service.

Heritage Property Management sign
Heritage Property Management sign
Thomas Slattery

Thomas M. Slattery
President – Real Estate Broker

Tom Slattery brings nearly four decades of experience in real estate, property valuation, property management, commercial brokerage, and development. 

Tom first received his Iowa real estate license in 1986 while attending college. He graduated from Iowa State University in 1988 with a Bachelor of Science degree in Business. Following graduation, he began his professional career in the Iowa City office of Des Moines-based Carlson, McClure and Associates, Inc., which at the time was the largest commercial real estate appraisal firm in Iowa. In 1993, the Iowa City office became Cook and Associates, where Tom continued his work through 1995. During this time, he gained extensive experience appraising, consulting on, and analyzing a wide range of commercial, industrial, and investment properties throughout Central and Eastern Iowa. 

In 1995, Tom returned to Cedar Rapids to join the family business, Heritage Associates Corporation, founded by his father in 1974. Today, Tom serves as President of Heritage, overseeing brokerage, property management, commercial leasing, business development, and private client real estate consulting. 

Tom also has extensive experience serving as a court-appointed receiver and has provided expert testimony in real estate-related matters. Since joining Heritage, he has been directly involved in the development, renovation, and redevelopment of a variety of commercial and multifamily projects throughout Eastern Iowa. 

Throughout his career, Tom has remained actively involved in the community. He has served on several local and community boards, including Junior Achievement of East Central Iowa, Taste of Iowa, and the Freedom Festival. He currently serves as a member of the Hills Bancorporation Board of Directors. 

Tom is also a graduate of the 1999 Leadership for Five Seasons program, sponsored by the Cedar Rapids Metro Economic Alliance, formerly the Chamber of Commerce.

With decades of experience and a broad background spanning commercial real estate, property management, receiverships, development, and real estate consulting, Tom brings practical knowledge and hands-on leadership to Heritage Property Management and its clients.

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Commercial/Investment Real Estate -  Property Management

Named "Best in Corridor" by the Corridor Business Journal!

Equal Housing Opportunity
Contact Us

313 3rd Ave. SE
Cedar Rapids, IA 52401

Mon-Fri 8:00 am - 5:00 pm

(fax) 319-362-9126

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