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Author Archives: Jessica Perry

No. 7: Ed Russo (access required)

Edward Russo, CEO, Russo Development.

The Russo Development president and chief executive officer is regarded as a top developer in all of the asset classes in which he and his firm are involved, including data centers, industrial, multifamily and mixed-use projects. In the process Russo transformed the business his father founded in 1969 into one of the state’s most active development companies.

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Presenting the 2020 Commercial Real Estate Power 50

NJBIZ Commercial Real Estate Power 50 Cover

Conversations about New Jersey’s CRE market usually include a discussion of how resilient the business has been throughout the COVID-19 pandemic. In fact, professionals in the industry are optimistic about the future despite the economic downturn caused by mandated business closures. Of course, there are reasons to be wary of the future as well. But wherever the market is going, the individuals profiled in these pages will take it there.

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No. 5: John Saraceno (access required)

He's the co-founder and managing principal of Onyx Equities LLC, which has since its founding in 2004 acquired more than $3 billion worth of real estate assets throughout New Jersey, New York, Pennsylvania and Connecticut and executed over $400 million in asset repositioning projects across all property types.

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No. 8: Jeff Sica (access required)

Jeff Sica

The founder of Circle Squared Alternative Investments never stops. Developers from all over the state reach out to the outfit when looking for equity partners. And, along with playing matchmaker, he helps developers bridge commercial and bank loans to private equity to get things built.

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No. 10: Michael McGuinness (access required)

He heads NAIOP’s New Jersey chapter, which amid the turmoil of COVID-19 has been hosting webinars on how the commercial real estate industry can navigate the outbreak and plan for a post-pandemic world where businesses opt to keep telecommuting arrangements in place.

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A seat at the table

In the battle against the COVID-19 resurgence, quality care and safe working conditions in every health care facility should be a priority. By Debbie White, registered nurse and president of Health Professionals and Allied Employees.

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