NEW BRUNSWICK, NJ-Multifamily real estate, as it is in other states, is the "darling" commercial real estate sector in New Jersey, said Rob Holland, a senior vice president and co-managing director at Kislak. He spoke here with GlobeSt.com's Jacqueline Hlavenka at the recent RealShare New Jersey conference.
The two touched on:
- How multifamily does extremely well when it's close to New York City.
- The challenge of getting multifamily assets to the market.
- Occupancy levels of multifamily real estate and rent growth.
- The rapid speed of multifamily real estate transactions.
- The lower multifamily cap rates that the market is seeing.
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