Wilshire Enterprises Inc., a real estate company based in Newark, N.J., has engaged Friedman, Billings, Ramsey & Co. to conduct a strategic review of the company's options, according to Wilshire.Meanwhile, Wilshire will continue to pursue a previously announced strategy of rationalizing its asset base through geographic concentration and upgrading the quality of assets in its core markets, said company chairman Sherry Wilzig Izak. Friedman, Billings, Ramsey & Co., the broker-dealer subsidiary of Friedman, Billings, Ramsey Group Inc., can be found online at http://www.fbr.com.

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