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Deals are rarely available for sale in this neighborhood and there were many factors in favor of this building.

Net lease assets are part of the mix.

This is vital for Millennials.

Although this private capital is unregulated, Shlomi Ronen of Dekel Capital says that it is remaining conservative.

Garages as an investment class are rapidly becoming more institutionalized and better operated thanks to technology, thus, more revenue can be generated and less expenses are incurred.

Among other considerations, Congress will need to assess the viability of separating single-family and multifamily lending into standalone platforms, write Hal Collett and Mike McRoberts at PGIM Real Estate Finance.

Privacy and distraction, along with poor sound quality due to hard surfaces reflecting sound and causing cacophonous reverberation, are some of the issues that can be addressed through better design, Kirei's John Stein tells GlobeSt.com.

“Essex County ranks third overall in the North Jersey metro in terms of its concentration of speculative apartment space, which continues to be in high investor demand yet short supply of for-sale product,” says David Oropeza, Gebroe-Hammer's managing director.