CEDAR GROVE GROUP - Key Persons


Alex Balan

Job Titles:
  • Director of Development
Alex Balan is highly regarded for his instinctual ability to generate strong relationships with investors, banks, and local elected officials throughout each investment. He has 10 years of experience dealing with all aspects of the real estate industry. Mr. Balan has overseen the entitlement and construction for 273,000 Sq. Ft of ground up commercial projects. He has completed $51 million worth of construction comprising residential and industrial projects. Prior to joining Cedar Grove Group, Mr. Balan served as portfolio manager for a New York family office. Alex Balan holds a BA in Finance and Investment from the University of Wisconsin, and a Master's in Real Estate Development from NYU Schack Institute of Real Estate.

David Heching - COO

Job Titles:
  • Chief Operating Officer
Starting in December 2016, David Heching has been representing the family office in overseeing strategy, acquisitions, rezoning, repositioning, and construction of their real estate holdings. Under his management Cedar Grove Group has successfully completed 20 high-end condo unit developments and acquired land for a ground up 85-unit multi-family development in New Jersey. He has acquired and constructed hundreds of single-family homes in Central Florida together with a local general contractor partner, INB Homes. Mr. Heching has assembled a dynamic and talented team to continue Cedar Grove Group's organic growth within the real estate sector.

Marilyn Limentato Black

Job Titles:
  • Director of Property Management
Marilyn has over two decades of experience in sales, finance and customer relations. She is a determined and innovative professional with a proven track-record of delivering results. Expertise in developing and implementing business strategies, building relationships and leadership.

Milton Heching

Job Titles:
  • about Our Founder
Founder of Cedar Grove Group started his career in commercial real estate in 1979 working with both traditional real estate operators and syndicators. Subsequently, he formed Compassionate Care Hospice, a home health company, sold to a publicly traded company early in 2019.