A third generation has taken the reins at one of the state’s best-known homebuilders, leading a boutique investment firm that has positioned the family as an equity investor, lender and developer with a new pipeline that is largely centered on rental properties.
Healthy competition
It’s hard to believe that more than two years have passed since we launched Real Estate NJ with what I felt was a compelling cover story: Foreign investors were making a splash in New Jersey and paying impressive prices for properties across the state. That trend has seemingly slowed since then, at least when it comes to high-profile deals involving trophy properties. But the good news is that New Jersey is still drawing investors from beyond the state — whether it’s New York, Chicago or the West Coast — who are entering the market for the first time.
