OLD BRIDGE, NJ—The director of the Kislak Real Estate Institute at Monmouth University, veteran real estate executive Peter S. Reinhart, is mixing academia with real-world commercial real estate development.
Reinhart is joining R.J. Brunelli & Co., as executive vice president for the retail real estate brokerage’s new Mixed Use & Land Division, which will work with homebuilders, developers, owners, buyers and tenants on all aspects of mixed-use developments.
“I have known and respected Rich Brunelli for many years,” Reinhart tells GlobeSt.com exclusively. “He has been a frequent guest speaker in our real estate classes at the Kislak Real Estate Institute at Monmouth University. With the redevelopment and adaptive reuse opportunities expanding to include not only office, retail and industrial, but residential as well, it seemed an excellent time to join my experience with the strong talents of the RJ Brunelli team.”
Reinhart will continue in his role as Director of the Kislak Real Estate Institute at Monmouth University—the longest running real estate degree program in New Jersey.
“The real estate students at Monmouth University will also benefit as we bring these real-world situations into the classroom as current case studies,” Reinhart says.
He is also Of Counsel with the law firm of Greenbaum Rowe Smith & Davis, and a director of Four Springs Capital, a private REIT.
Before joining Monmouth University full-time in 2011, Reinhart spent 33 years at Hovnanian Enterprises, including 30 years as senior vice president and general counsel. He also served as a member of the firm’s board of directors from 1985 through 2003. During his tenure, K. Hovnanian was the top homebuilder in New Jersey, as well as one of the nation’s largest, delivering over 20,000 homes per year.
“Peter’s extensive experience, knowledge and contacts in all aspects of real estate development are key to R.J. Brunelli & Cos.’ efforts to expand our services in the mixed-use arena,” says Richard J. Brunelli, chairman and principal. “Between his many years at Hovnanian and leadership roles in numerous statewide and regional industry groups, Peter will be an invaluable asset to our team members and clients involved in mixed-use projects. Notably, his appointment comes at a time when growing numbers of shopping center owners are seeking to add residential and other non-retail elements to their properties in the wake of department store and other anchor closures.”
Long active in civic and industry groups and non-profits, Reinhart currently serves as chair of New Jersey Future; as a member of the special New Jersey Economic and Fiscal Impact Policy Workgroup appointed by New Jersey Senate President Stephen Sweeney; as a trustee and member of the executive committee of Hackensack Meridian Health; as a director for Springpoint Senior Living; and as a founding board member of NJSpotlight.com. He also moderates an annual seminar series that has covered such topics as “The Future of New Jersey Suburbs” and “Redevelopment in New Jersey.”
Reinhart’s past roles have included chair of the Community Foundation of New Jersey, president of the New Jersey Builders Association, the Shore Builders Association and the Community Associations Institute. Reinhart was also a member of the Regional Plan Association steering committee for the Fourth Regional Plan for the New York metropolitan area. He additionally served on the New Jersey Council on Affordable Housing from 1993 to 2004 and as a member of the Site Improvements Advisory Board.
A resident of Little Silver, NJ, Reinhart graduated with honors from Rutgers Camden Law School and earned his undergraduate degree at Franklin & Marshall College.