Aspen Companies Buys 50-Unit HUD MF in Downtown Newark, NJ
NEWARK, NJ—The Aspen Companies has acquired a 50-unit HUD supported apartment building in downtown Newark, NJ for $3 million and says it will make 'aggressive' capital improvements to the property.
About Our Columnist
Steve Lubetkin is the New Jersey and Philadelphia reporter for GlobeSt.com. A veteran of senior corporate communications roles in the financial services sector, Steve’s journalism background includes print and broadcast reporting in New Jersey. He has produced audio podcast programs on commercial real estate for the National Association of Realtors Commercial Division and the CCIM Institute. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. He is a vice president of the Voice management board.
Steve’s background also includes producing and hosting investor audio conference calls for Standard & Poor’s, including many about commercial real estate structured finance transactions. The conference call program—a forerunner of podcasting—won a McGraw-Hill Cos. Corporate Achievement Award for Excellence in Customer Service.
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