Press Releases

Statement on Republican Scott Bruun’s nomination for Oregon’s 5th Congressional district

May 18, 2010


FOR IMMEDIATE RELEASE

CONTACT:
Amy Wojcicki, Communications Director
[email protected]
503-239-8636

PORTLAND, Oregon (May 18, 2010) – 

 

“This fall, voters will have a clear choice between Kurt Schrader’s solid record of fighting for Oregon families and Scott Bruun’s history of putting his special interests and corporate friends ahead of Oregonians’ needs,” says Trent Lutz, Executive Director of the Democratic Party of Oregon.

“Bruun is a commercial banker and real estate investor whose company profits off the economic mess caused by financial and real estate speculation. Scott Bruun has made a career of siding with special interests and his corporate friends over the needs of regular Oregonians.  The last thing we need is another big corporate banker in Washington looking out for his own bottom line.”

Background

Bruun is currently the Vice President of Investor Relations for Miller & Zimmerly Real Estate Investment Group, LLC, a Portland real estate investment and venture capital firm.

On Miller & Zimmerly’s website, they explain their investment strategy as seeking advantageous circumstances which include:

  • A seller who is sophisticated but does not understand the highest and best use for the property and therefore does not understand its potential value
  • A seller with special needs for capital who may sell at an appreciable discount under favorable terms (for example, a distressed builder or developer)
  • A lender who is in possession of foreclosed real estate who may be willing to sell at a loss to simplify or expedite the disposition process [millerzimmerly.com]

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