7) Foreign investors not hungry here

Moderator Ron Kaplan, a partner at CohnReznick, asked panelists what they’re seeing in terms of foreign buyers in New Jersey. Jose reports there’s been some investment—but not a lot—from Israeli, Singaporean, and Chinese money. Jonathan adds that overall, asset sizes in NJ are mostly too small for these buyers’ direct investment requirements. Ron tells us he's been working with many private equity clients in planning for acquisition and dispositions, as well as helping the firm's clients structure JVs with a variety of domestic and international equity partners, both from a tax and accounting perspective.

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