Two real estate firms have partnered to plant a flag in Bergen County, acquiring a newly built 100-unit multifamily apartment community in Garfield for $27 million.
Residential & Mixed Use
The construction boom in New Jersey is no more evident than in the multifamily and mixed-use sector, thanks to changing demographics and the demand for urban-style living, even in the suburbs.
Taking the long view
Most regular readers of this publication can tell that, when it comes to new construction, mixed-use and multifamily projects are the ones making most of the headlines. In fact, there are so many projects in New Jersey these days that we don’t often get to spend much time covering them in depth before we have to move on to the next groundbreaking or ribbon-cutting.
It’s time to address a critical need: Infrastructure investment
Maintaining a healthy level of connectivity is critical. This is why we need to continuously invest in our infrastructure to keep things like our economy and lives moving. People, goods, cars, trucks, trains, data, energy, drinking water and sewerage need to get places in a timely way. Where and how we live, work and play are influenced by access to these places.
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.
