The phrase “corporate landlord” is often used to refer to large corporate entities backed by private equity funds and Real Estate Investment Trusts. In researching corporate home ownership throughout seven municipalities in New Jersey, researchers found that some areas exhibited high and increasing levels of corporate ownership, broadly defined, but most corporate entities owned just a few properties and most of these appeared to be locally based. Further research into these corporate investors in New Jersey will include examining how they vary across geography and housing market type and identifying implications for tenants and prospective homebuyers.
NJSPL: The Potential of Participatory Budgeting Within New Jersey
Budget Cuts and Who Absorbs Them When budgets are cut, the first programs to go are those without dedicated funding or legal mandate. Many of those programs serve low-income, disabled, and vulnerable populations. New Jersey is in a period of fiscal austerity. The...