The proposal comes as the average property tax bill in New Jersey has exceeded $10,000 for the second consecutive year, local outlet NJ.com reported. If adopted in the final spending plan —... Read more »
NRMLA President Steve Irwin, who signed the letter, said that while the trade association “fully supports seniors receiving counseling before obtaining a reverse mortgage,” it opposes the bill as currently drafted for... Read more »
What California Families Can Learn from New Jersey Nursing Home Medicaid Fraud: Protecting Your Loved Ones from Elder Financial Abuse Source: NJ.com – Nursing Home Owners Sued for Pocketing Medicaid Money Who... Read more »
A New Jersey city wants to turn a historic 1940s art deco building that was formerly a Sears Roebuck and Co. store into a mixed-use project with up to 325 apartments, retail space,... Read more »
Affinius Capital and Kennedy Wilson have closed on financing for the ground-up development of Harborside 8, a 65-story, 678-unit multifamily project located on the waterfront in Jersey City. The capitalization includes $78 million... Read more »
Rising home prices were a stressor for buyers who wanted to enter the real estate market in 2024. But some existing homeowners and investors may feel differently as a trend of home... Read more »
A bill introduced in the New Jersey Senate would require face-to-face counseling for the state’s reverse mortgage transactions and would nullify any loans originated without proof of such counseling having taken place.... Read more »