If there is any doubt about the demand for new luxury apartments away from downtown Jersey City, look to the new 13-story tower that has risen just northwest of the busy Journal Square transportation center. That’s where a crowd gathered on Tuesday morning to celebrate the opening of the building, 3 Journal Square, as the newest addition to the onetime commercial hub of the city.
How do you stand out from the competition in commercial real estate? It’s one of the ultimate questions in virtually any industry, but a panel of developers weighed in recently before a group of brokers and others who do business in the Garden State. While their answers varied to some degree, the executives shared at least one common strategy: Go after the deals that your competitors would typically avoid.
Commercial real estate in New Jersey remains a major draw for institutional investors, from regional banks to life insurance companies to the global private equity giant Blackstone. Executives from each of those institutions said as much on Tuesday during a conference hosted by the Rutgers Business School, offering a look at their investment strategy in both the Garden State and beyond.
Family, friends and colleagues gathered to celebrate the life of Arthur M. Greenbaum, a beloved figure in the real estate and legal communities for more than 60 years. Greenbaum died in April at age 91, leaving a legacy of professional achievements and a legion of adoring friends and colleagues across New Jersey’s real estate community.
A developer hopes to break ground by some time next year on a project that would bring thousands of apartments to the site of the former Newark Bears baseball stadium, in one of several plans that are now taking shape around the city’s Washington Park neighborhood.
For all the talk about the decline of brick-and-mortar retail, a panel of experts said Tuesday that the asset class is anything but an endangered species in commercial real estate. It is simply one that is changing.
An upcoming event will look to shine a light on how institutional investors are allocating capital in today’s real estate market. To make that happen, organizers have called on a top executive from one of the biggest players in private equity.
It was a night to honor the chief executives of two of the state’s most influential real estate trade associations, as hundreds turned out for an annual industry dinner at Monmouth University.
The New Jersey Apartment Association’s annual owners’ roundtable kicked off the group’s annual conference and expo in Atlantic City, in what is the industry’s largest annual gathering in the state.
A human resources executive with UPS on Friday urged many of the state’s top developers and industry professionals to consider the “scrapper” when making hiring decisions, citing their self-reliance, perseverance and ability to solve problems.