Hudson Atlantic Realty Managing Partner Adam Zweibel (left) and Managing Broker and Chief Economist Jeffrey Otteau lead the Matawan-based brokerage firm. — Courtesy: Hudson Atlantic
By Joshua Burd
Brokerage firm Hudson Atlantic Realty is marking more than $200 million in transaction volume in the first half of 2022, having arranged the sale of more than 1,000 apartments across 11 deals.
According to the Matawan-based team, the activity has fueled a strong start in its first full year of operation. Those deals came thanks in part to what the firm described as cutting-edge market intelligence and deep relationships within the investment and development communities.
“Different from the scattershot approach of indiscriminately blasting an offering far and wide, or pocketing listings without proper exposure to the right buyers, our marketing plan begins with selectively engaging the right investors based upon their criteria and deal history to control exposure and maximize results,” Hudson Atlantic Managing Partner Adam Zweibel said. “Our ‘Whole of Company’ approach extends our reach and drives success for our clients, our professionals and our company.”
Jeffrey Otteau, the firm’s managing broker and chief economist, added that “multifamily apartments have proven themselves to the premier asset class for investors over the past decade because of the durability of their income streams as our economy continues to transition toward a European model.”
Zweibel and Otteau said they are optimistic about the future, noting that inflationary pressures typically push rents higher for income-producing real estate, while rising interest rates can increase apartment demand as the affordability of homeownership is diminished.