Nevins McCann, Co-chair of Connell Foley's Real Estate and Land Use Group, offers his insight on the year to come in Real Estate NJ's "2023 Market Forecast," published January 17, 2023. Nevins highlights (on page 38) the potential for a decrease in new construction and an increase in acquisitions due to inflation, enabling investors to take advantage of the real estate market as they solidify their position over vulnerable, less well-capitalized entities.
Visit the Real Estate NJ website for the full forecast.