The owner of four multifamily properties in the region has landed a $12 million credit facility, under a transaction arranged by JLL’s Morristown-based capital markets team.
Leasing teams turn to virtual tours, platforms to lure renters during stay-at-home order
In-person tours have been curtailed and lease numbers are down, but virtual tours are helping luxury apartment buildings bring in renters in this time of social distancing. The virtual elements are so useful, in fact, that building representatives said they’ll keep using them after the coronavirus crisis is over.
Rutgers real estate program eyes new degrees, new investment as it looks to the future
With a foundation in place and support from many of the state’s top commercial real estate leaders, the Rutgers Center for Real Estate is now looking ahead to the next five years and beyond. The program’s leaders feel that further growth will hinge on expanding and fine-tuning the course offerings — such as creating a standalone real estate major and a master’s in real estate — while navigating the challenges of fundraising and scaling up to support their growing student population.
