First Real Estate Investment Trust of New Jersey - aVenture Asset Manager Research
Location
Hackensack, NJ, US
Founded
1961
First Real Estate Investment Trust of New Jersey, Inc. (First REIT of NJ) is an equity real estate investment trust that focuses on acquiring, holding, and developing a diverse portfolio of real estate properties. Their investments include shopping centers, apartment complexes, and commercial properties, as well as vacant land intended for future development into commercial or residential apartment properties.
The trust's investment philosophy centers around long-term value creation through strategic property acquisitions and developments. Notable properties in their portfolio include various shopping centers and residential complexes across New Jersey. The firm is managed by a team of experienced real estate professionals who ensure that each investment aligns with their growth and income objectives. First REIT of NJ also offers value-added services such as property management and development expertise to enhance the performance and value of their holdings.
Classification
NAICS
520000Finance and Insurance
523000Securities, Commodity Contracts, and Other Financial Investments and Related Activities