WOODBRIDGE, NJ—Don Baxter, a vice president at The Kislak Company who led the completion of ten investment sales in Bergen, Essex, and Hudson Counties in northern New Jersey totaling more than $23 million, says the company's long-term focus on building relationships with sellers is responsible for his success.
“The demand for multifamily properties throughout New Jersey remains very strong,” says Robert Holland, Kislak's president. “Don does an extraordinary job getting properties for sale on an exclusive basis and procuring the right buyers. He is an expert in the Hudson County market and the neighboring submarkets.”
“It's no secret that it's a perfect storm between the rates, and where buyers and sellers both profit at the same time, and I also think that it's with an understanding that it's probably soon to change” says Baxter. “There were more sellers open to selling who maybe hadn't thought about it before. I think things are showing in almost every area that they are levelling off and we are going to get to a higher interest rate environment.”
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