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The area is a somewhat unique multifamily market in that it is experiencing robust employment, income and demographic growth, but has not been oversaturated with Class A multifamily development, says Hunt's Chad Hagwood.
State officials note the total of approximately $12.5 million in PIDA financing in 2020 has resulted in more than $28.8 million in private investment and supported the creation and or retention of 933 full-time jobs in the state.
Dispensaries across the state sold 831,600 items over the 29-day period. Sales to Illinois residents totaled $25,615,371, while sales to out-of-state residents totaled $9,189,701.01.
The NMTC loans included a $4-million allocation from Capital One Community Renewal Fund and a $10.5-million allocation from NJCC, which also provided Hugo Neu with a $2.5-million term loan.
A member of SIOR NJ since 2013 Vetter has played a vital role in expanding the chapter's profile by contributing to the broader community through its strong relationship with The Rutgers Center for Real Estate.
AR/VR technology has created a paradigm shift for multifamily spaces, which previously showed model units with only one configuration/design or unfurnished, says Lindsay Dillon of roOomy in this EXCLUSIVE.