Jed Matricaria - Marcus & Millichap: Real Estate Investment

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RECENTLY CLOSED | Newark, NJMultifamily Property | Multiple Offers Generated | Call For Sales PriceThis is the second ti...
10/22/2024

RECENTLY CLOSED | Newark, NJ

Multifamily Property | Multiple Offers Generated | Call For Sales Price

This is the second time we sold this asset - our team was hired both times exclusively by the Seller - and we performed for our clients on both occasions:
• First time (2021): 10 offers, hard contract negotiated, and a 98% list-to-close price with a new buyer
• Second time (2024): 8 offers, hard contract negotiated, and a 96% list-to-close price with another first-time Buyer to our team

Congratulations to Buyer & Seller! Thank you to Adam Kessler, Courtney Plateroti, Lauren Ross, Esq., and Peter Cecinini, Esq. who worked in their client’s best interest and also worked together to overcome obstacles, helping make this a seamless transaction.

Reach out to the team for the full deal story:

What a remarkable day at The 21st Annual Iron Hill Charity Golf Open!A heartfelt thank you to Iron Hill Construction Man...
10/15/2024

What a remarkable day at The 21st Annual Iron Hill Charity Golf Open!

A heartfelt thank you to Iron Hill Construction Management and J.G. Petrucci Company, Inc. for organizing yet another outstanding event to support our Veterans, Military Personnel, and their Families. Their collaboration with club host, Fiddler’s Elbow, made for an unforgettable day.

Special thanks to the Irvington High School JROTC for their inspiring Presentation of the Colors and their rendition of “America the Beautiful”- a job well done!

I’d also like to extend my gratitude to Chris Murphy and Matthew J. Schiller of Murphy Schiller & Wilkes LLP for the invitation. It’s always a pleasure to connect with the MSW team! Thank you!

If you haven’t participated in an Iron Hill Charity Golf Event, you’re missing out! Be sure to check out my last photo for next year’s save-the-date (Chris and I made it into this year’s program)!

P.S. As an Adam Sandler fan, it was especially exciting to play the course while the Happy Gilmore 2 crew was on site! Whether inspired by Happy or aided by the gale force tailwinds, I won the long-distance drive contest in true Happy Gilmore style!

Photos:
1. Yours truly in front of the Happy Gilmore leaderboard
2. Eric Kaufman, myself, Matthew J. Schiller, and Richard Timberger
3. The stunning Fiddler’s Elbow
4. Autumn’s vibrant hues
5. Save the Date!

JUST CLOSED | 175 Bridge Plaza N, Fort Lee, NJ Mixed-Use Vacant Office over Retail w/ Billboard at the George Washington...
10/07/2024

JUST CLOSED | 175 Bridge Plaza N, Fort Lee, NJ
 
Mixed-Use Vacant Office over Retail w/ Billboard at the George Washington Bridge entrance.
 
This deal represents yet another example of putting clients’ best interests first. Contact me for the full deal story.
 
Thanks to Alan Cafiero, David Cafiero, John Moroz, Evan Koransky and Jonah Kimmelstiel for the collaboration and work to get this deal over the finish line.
 

Deal Story Highlights | 3-Property Portfolio | Irvington, NJIf you’re considering a refinance, sale, or are simply plann...
08/14/2024

Deal Story Highlights | 3-Property Portfolio | Irvington, NJ

If you’re considering a refinance, sale, or are simply planning to hold long-term, let’s connect to discuss putting you in position to maximize value, increase operational cash flow and ensure potential obstacles are avoided/resolved ahead of time.

Our team’s success on this deal was a long term, healthy collaboration with the owners. These things don’t happen overnight. Connect today to prepare for tomorrow.



Just Closed! | Union City, Hudson County, New Jersey Purchase Price: Call For DetailsUnits: 17Total Offers Generated: 7C...
08/06/2024

Just Closed! | Union City, Hudson County, New Jersey

Purchase Price: Call For Details
Units: 17
Total Offers Generated: 7
Cap Rate: Call For Details

Capital seeking multifamily assets in Northern New Jersey has remained strong. This 17-unit, pre-war, brick walk-up, located just 2.3mi from the Lincoln Tunnel received 7 written offers and went under hard contract in 30 days from the start of our marketing campaign.

With the 10-Year dipping to a new 52-week low this week, sellers and buyers have a small window to take advantage. Connect for an opinion of value on your asset.



Great collaboration on this one with Alan Cafiero, Brent Hyldahl, and Devin Perez

Cue the fireworks (a little early)! 🎆🇺🇸 Just Closed in Northern New Jersey 3 Property PortfolioIrvington, New Jersey Pur...
07/03/2024

Cue the fireworks (a little early)! 🎆🇺🇸

Just Closed in Northern New Jersey

3 Property Portfolio
Irvington, New Jersey

Purchase Price: Call For Details
Units: 26
Total Offers Generated: 7
List to Close Price: 100.15%

Congratulations to Seller & Buyer!

There were a lot of challenges to get this one across the finish line. If you own a similar asset(s) or are interested in acquiring multifamily, reach out to learn from our experience and relationships to increase your probability of success!

:

Post snack smiles.Our summer interns have been working hard and learning a lot, so I hooked them all up with whatever sn...
07/01/2024

Post snack smiles.

Our summer interns have been working hard and learning a lot, so I hooked them all up with whatever snack they wanted today.

Special shout out to Conor, who has been doing a great job for me.

Under Contract in Northern New Jersey!Office + Retail + BillboardI absolutely love when 99.9% of the market points out a...
06/25/2024

Under Contract in Northern New Jersey!

Office + Retail + Billboard

I absolutely love when 99.9% of the market points out all the negatives: vacant office, no parking, non-credit retail tenant (cigar shop), smells bad, billboard sales falling short, etc. Our clients hired us to maximize value, not be persuaded by buyer’s sentiments. We highlighted the positives and potential of the asset and our marketing process generated 10 qualified bidders on this one! Great collaborative effort from Alan Cafiero, David Cafiero, John Moroz, and Evan Koransky.

If you own a similar asset and want 10 qualified buyers competing for your asset, reach out.

Honored to be recognized as a Rising Star of the Marcus & Millichap Eastern Division, and grateful for the opportunity t...
06/21/2024

Honored to be recognized as a Rising Star of the Marcus & Millichap Eastern Division, and grateful for the opportunity to present in front of the group!

It was refreshing to meet peers who are equally passionate about learning and representing their clients to best of their ability.

Thank you to Marcus & Millichap leadership and marketing staff: .horowitz

Under Contract in Northern New Jersey How do we consistently maximize value and terms for our clients and get buyers to ...
06/17/2024

Under Contract in Northern New Jersey

How do we consistently maximize value and terms for our clients and get buyers to execute a non-contingent contract?

✔️ Product & geography specialization
✔️ Unparalleled marketing platform
✔ Largest pool of qualified investors
✔ Access to migrating capital
✔ Internal office collaboration
✔ Honesty & transparency

If you’re an owner of a multifamily asset or an investor looking to win a similar deal, please connect.

Brent Hyldahl, Devin Perez

Thank you, Chris Murphy, for a great day on the links! ✅ Great company - Chris, Yanni and Kirk P. Mitchell, AIA, NOMA of...
05/17/2024

Thank you, Chris Murphy, for a great day on the links!

✅ Great company - Chris, Yanni and Kirk P. Mitchell, AIA, NOMA of
✅ Delicious lunch
✅ Course in great condition
✅ Warm weather
✅ Top notch networking
✅ Lots of birdies made 🏌‍♂️

Mark your calendars! .us is excited to recognize  for making a positive impact on our youth. 👏🏼 Please RSVP by Friday, M...
05/15/2024

Mark your calendars! .us is excited to recognize for making a positive impact on our youth. 👏🏼

Please RSVP by Friday, May 24 via commenting below or DMing me.

Thank you to Petrucci Residential for generously hosting the event at

Address

East Orange, NJ
07017-07019

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