Via their company, Lazar Ventures, Cathleen and Nicole are entrepreneurs and opportunistic investors. They are especially active in real estate, particularly in hospitality. They are co-owners of Brody House Group, a private club and hotel brand based in Budapest, Hungary, and are pursuing a real estate and business development opportunity in downtown Los Angeles. Together with their sister, Ashley Austin, Cathleen and Nicole are founding members of ALG Brands (ALG), specializing in the promotion, licensing and protection of name, likeness and other intellectual property rights for pop culture icons and entertainment assets. Cathleen graduated from the University of Chicago and Nicole graduated from the University of Virginia. Cathleen and Nicole support a variety of causes and organizations including the Hudson Union Society, where Cathleen serves on the Board of Directors and Nicole serves on the Advisory Board.