Construction is underway for one of the newest additions to the fast-growing Journal Square section of Jersey City — a new 15-story residential tower with both office and retail space.
‘Fierce competition’ in focus at Rutgers CRE finance summit
For a market that is seeing an extended growth period, it isn’t all that complicated to sum up what exactly is driving the major trends in commercial real estate lending: Fierce competition. At least, that’s according to panelists at a recent conference hosted by the Rutgers Center for Real Estate, where lenders and other experts gathered to discuss the state of commercial real estate finance in New Jersey and beyond.