The Eider Group at Marcus & Millichap’s Post

Job Market Strengthens CRE Investment Outlook The job market is shifting, and this change could signal important trends for commercial real estate. As the Federal Reserve turns its focus to a slowing employment market, understanding how these developments will impact space demand and wages is key to making informed investment decisions. 🔍 This Week’s Highlights: - Federal Reserve increasingly focused on slowing the employment market - Rising unemployment aligns with Fed plan to reduce overheated wages - Why CRE space demand should remain sturdy despite a slowing growth outlook 📧 Get Exclusive Research, Listings, and Updates: Stay ahead of the curve with the latest trends and insights in the real estate market. [Subscribe Here](https://lnkd.in/eVeqNKjs) to receive updates directly from The Eider Group at Marcus & Millichap - New Jersey Multifamily, Office & Land sites. Be sure to watch the latest research video from John T Chang, providing valuable market insights and trends that could impact your next move. Stay informed and make smarter investment decisions! Don’t miss out on the latest market trends and insights. #BuilderToBroker #RealEstateResearch #MarketInsights #JohnChang #MarcusMillichap #TheEiderGroup #RealEstateInvesting #Multifamily #RealEstate #OfficeBuildings #LandDevelopment #MarketTrends #StateOfTheMarket #InterestRates

As we look back on the last five years, it's clear that commercial real estate has faced its share of challenges and opportunities. But what if I told you that these experiences have laid the groundwork for an even stronger outlook ahead? Whether you're an investor, developer, or just keeping an eye on the market, understanding these trends could be key to your next big move. 🔍 This Week’s Highlights: - Key CRE performance benchmarks of the last five years - Why the CRE outlook is increasingly positive - Why the CRE investment climate will strengthen 📧 Get Exclusive Research, Listings, and Updates: Stay ahead of the curve with the latest trends and insights in the real estate market. Subscribe Here https://lnkd.in/eVeqNKjs to receive updates directly from The Eider Group at Marcus & Millichap - New Jersey Multifamily, Office & Land sites. Be sure to watch the latest research video from John T Chang, providing valuable market insights and trends that could impact your next move. Stay informed and make smarter investment decisions! Don’t miss out on the latest market trends and insights. #BuilderToBroker #RealEstateResearch #MarketInsights #JohnChang #MarcusMillichap #TheEiderGroup #RealEstateInvesting #Multifamily #RealEstate #OfficeBuildings #LandDevelopment #MarketTrends #StateOfTheMarket #InterestRates

NEW LISTING! North Dover Square Medical/Retail + Fully Approved Land Site | Route 70 | Toms River, NJ (LAKEWOOD MSA) ✔ 97% Occupied 20,460 SF Medical/Retail Building ✔ Fully Approved Shovel Ready Land Site w/ Permits for 23K SF Building ✔ 23K Cars/Day on Route 70 ✔ Easy Accessibility to Lakewood, Toms River, and Manchester ✔ Newer Construction (2014) and Renovated in 2023 Link to OM for Building: https://lnkd.in/eiHwKkZG Link to OM for Land: https://lnkd.in/em-CrVVb Please contact Chez Eider or Alan Cafiero for more info. Brent Hyldahl Seth Goldberg Visit The Eider Group: www.TheEiderGroup.com The Eider Group at Marcus & Millichap Marcus & Millichap Tri-State hashtag #retailrealestate #medicalrealestate #Lakewood #TomsRiver #LakewoodNJ #Manchester #mixeduse #njcre #investmentproperties #development #cafieroteam #eidergroup

THE CRE INVESTMENT CLIMATE JUST CHANGED 🔍 This Week’s Highlights: - Why competition for CRE assets is intensifying - Which CRE property types are most aggressively pursued - The big question awaiting an answer in September 📧 Get Exclusive Research, Listings, and Updates: Receive research like this and other updates about The Eider Group at Marcus & Millichap - New Jersey Multifamily, Office & Land sites, directly to your inbox. Subscribe via the button above (3 dots). Be sure to watch the insightful new weekly research video from John T Chang the head of research at Marcus & Millichap. Stay ahead of the curve with the latest trends and insights in the real estate market. Stay informed and make smarter investment decisions! Don’t miss out on the latest market trends and insights. #BuilderToBroker #RealEstateResearch #MarketInsights #JohnChang #MarcusMillichap #TheEiderGroup #RealEstateInvesting #Multifamily #RealEstate #OfficeBuildings #LandDevelopment #MarketTrends #StateOfTheMarket #InterestRates

IS A WEAKER ECONOMY GOOD NEWS FOR CRE? 🔍 This Week’s Highlights: • Why rising unemployment could boost CRE investment. • Does the U.S. face an impending recession? • Is a soft landing still in the cards? 📧 Get Exclusive Research, Listings, and Updates: Receive research like this and other updates about The Eider Group at Marcus & Millichap - New Jersey Multifamily, Office & Land sites, directly to your inbox. Subscribe via the button above (3 dots). Be sure to watch the insightful new weekly research video from John T Chang, the head of research at Marcus & Millichap. Stay ahead of the curve with the latest trends and insights in the real estate market. Stay informed and make smarter investment decisions! Don’t miss out on the latest market trends and insights. #BuilderToBroker #RealEstateResearch #MarketInsights #JohnChang #MarcusMillichap #TheEiderGroup #RealEstateInvesting #Multifamily #RealEstate #OfficeBuildings #LandDevelopment #MarketTrends #StateOfTheMarket #InterestRates

New Jersey Multifamily Market Insight: Normalized Pricing and Strong Returns Amidst Shifting Investor Expectations “We are seeing value-add multifamily properties trade at or sub-6 cap rates and stabilize at high 7 cap rates, offering a 150+ basis point spread. New construction properties typically offer cap rates in the 6’s with upside such as on renewals. Despite what some may say about market trading, this peek behind the curtain shows strong activity in the multifamily sector,” says Chez Eider. Multifamily Highlights Recent activity includes 1,271 multifamily units across 11 properties. From small properties of 16 units to large portfolios of 664 units, the opportunities are diverse and enticing. With around half of these properties already under agreement, the demand is clear. “Unlike the days of ‘daytrading real estate,’ we’re now in a more normalized market where investors are taking a longer-term outlook,” Chez Eider explains. “Investors are using interest-only periods on value-add projects to generate cash flow while adding value. After two years, they benefit from increased income and the initial interest-only phase. Even when the loan transitions to amortization, the investment remains strong due to the enhanced property value and cash flow stability.” Development In addition to multifamily, The Eider Group is marketing 633 residential units across multiple development sites for sale. Office The Eider Group is also marketing several office buildings, an excellent occasions, that are well occupied and strong tenant mix. Ranging from 90,000 to 120,000+ square feet, with cap rates in the mid to upper 9’s. For current owners who haven’t yet met The Eider Group at Marcus & Millichap, let’s discuss your portfolio and explore the robust opportunities available. Active owners in the market and those who have met with us see deals on the VIP list before the broader market. This gives active players a significant edge in seeing the best opportunities first. There’s a strong buyer pool for multifamily properties, and not all properties need to be prime for selling. For investors looking to connect with The Eider Group to view the investment opportunities, contact Chez Eider Eider. Don’t miss out—join our email list to stay updated on these exclusive opportunities. #RealEstate #Multifamily #InvestmentOpportunities #BuilderToBroker #markettrends #marketinsights

Liberty View Office Tower | Call for Offers - June 11th Cap: 9.94%, Occ.: 89%, SF: 121,694 SF, Acres: 5.10, Stories: 7, Price: $17.1M Liberty View Office Tower offers an exceptional investment opportunity and unparalleled suburban experience with vibrant retail and dining options. Positioned between PREIT's Cherry Hill Mall and Edgewood's Towne Center at Garden State Park, this location ensures a dynamic work-life balance, making it highly attractive for companies and employees. Key Features: * Diverse Tenant Mix: Stable occupancy w/law firms, financial services & medical tenants. * High NOI & High Occupancy w/upside potential. * Prime Location. * Residential new construction projects in the area boost market strength. * Easy Commute from Center City Philadelphia. * Ample Parking: 475 spaces. * High Traffic Count: Over 38k cars/day on Haddonfield Road and 58l on Rt 38. * Consistent Rent Growth: Annual rent increases. * Strong Demographics: Over 304k residents w/i a 5-mile radius, average household income over $104,000 within 1-mile. An exceptional opportunity to invest in a premier office building in a thriving area, with high occupancy & cap rate. For more details and to submit your offer, contact @Chez Eider, @Alan Cafiero or @Brent Hyldahl #CRE #PropertyForSale

The Eider Group at Marcus & Millichap will be attending the 2024 NJAA Conference & Expo at the Atlantic City Convention Center TUESDAY evening 5/21 & WEDNESDAY May 22nd. We have $300M+ of recent deal activity with available Inventory for both cash-flowing and development sites. If you're an owner or developer attending, message me to schedule a meeting! Let's discuss how I can be a resource to you for New Jersey multifamily properties and development sites, and new properties coming to market. Marcus & Millichap Tri-State Marcus & Millichap Chez Eider New Jersey Apartment Association #MarcusMillichap #NJAA #ConferenceExpo #Networking #Multifamily #Apartments #NewJersey #ChezEider #TheEiderGroup #CRE #CommercialRealEstate #Events #AtlanticCity #ConventionCenter #RealEstate #MultifamilyOwners #Opportunities

🔥 Introducing Morton Plaza Towers (Land): Your Gateway to Urban Living! 🏙️ 🌟 Investment Highlights: Site Plan Approved for a Stunning 477 Unit Multifamily Development! Prime Location: Just 0.3 Miles from Transit Station for Ultimate Convenience! Below Market Asking Buildable Price Per Unit - a Rare Opportunity! Frontage on JFK Boulevard & Orient Avenue for Maximum Exposure! Situated in the Vibrant West Side Neighborhood of Jersey City! 🏗️ Property Details: Address: 49-51 Morton Place, Jersey City, NJ Lot Size: 52,907 SF Zoning: Green Villa Redevelopment Plan (Zone C) Units: 477 Stories: Soaring 16 Stories High! Residential: 379,214 SF Street Front Retail: 2,775 SF (Gross) Parking: 164 🌆 Why Morton Plaza Towers? Unparalleled Location: Close Proximity to PATH Stations for Seamless Commutes! Witness the Development Boom: Join the Thriving Community of West Side, JC! Growing Demand: Affordable Living Relative to NYC Attracts Residents and Businesses Alike! Appreciation Potential: Ongoing Development Ensures Property Values Soar! 🎉 Amenities Galore! Contact Chez Eider, Jonathan Zamora & Jason Petrick at Marcus & Millichap New Jersey #JerseyCityLiving #UrbanDevelopment #InvestmentOpportunity #LuxuryLiving #MarcusMillichapNJ #Development #RealEstate #multifamily