Kushner Cos. has made a bid to acquire Veris Residential Inc. after purportedly being rebuffed in its offer to manage the real estate investment trust’s portfolio of luxury apartments.
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.
Finite resources demand a new approach to investment decisions
Ten years ago, Superstorm Sandy slammed into New Jersey, killing 38 people, devastating coastal areas, inflicting billions of dollars in damage and causing power outages for millions of residents and businesses for weeks. For many, it was a turning point that changed the way they invested and did business. Given today’s accelerating pace of life-altering disruptions — the pandemic, inflation, Russia’s invasion of Ukraine, extreme weather events — I believe New Jerseyans are ready to modify their behavior to reduce their risk and financial exposure to the adverse impacts from climate change.
