Search
 

New Jersey Overcoming Headwinds and Hurdles

FLORHAM PARK, NJ-The Garden State provides a number of opportunities, according to speakers at the Marcus & Millichap New Jersey Investor Symposium.

By Debra Hazel | Updated on October 12, 2011

FLORHAM PARK, NJ-New Jersey’s economy and real estate opportunities are better than the nation overall, but some challenges still lie ahead, said speakers at Marcus & Millichap’s New Jersey Investor Symposium at the Brooklake Country Club here.

And that means that investors must watch opportunities closely, including in some unexpected areas. “Whatever perceived notions you have regarding what you should and shouldn’t do should be revisited,” said Hessam Nadji, managing director of research and advisory services for Marcus & Millichap. “We are facing an economy that has a lot of head winds, including high unemployment and even higher underemployment. The biggest hurdles we face have to do with the high level of debt, public and private. But there are a number of positives.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.