An owner of more than 40 years has sold a two-state multifamily portfolio spanning more than 500 apartments, including a 268-unit garden property in Camden County, in a nearly $34 million deal arranged by Gebroe-Hammer Associates.
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New Jersey has an unmatched location and a population that developers dream about. It’s no wonder the commercial real estate industry is flourishing and evolving across all segments of the market.
From bankers to Blackstone, Rutgers conference goes inside the minds of institutional investors
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.
Friends, colleagues honor Arthur Greenbaum and ‘a life of the highest value’
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.