Highlights from this week in commercial real estate.
Getting old in New Jersey is becoming more expensive. Ten thousand Americans are turning 65 every day and data from the Administration for Community Living, a part of the Department of Health and Human Services, estimates about seven in 10 people turning 65 will need some type of long-term care services either at home, in their community or in a facility.
Opportunity zones can be profitable investments, but during an NJBIZ panel discussion held June 11 at The Palace at Somerset Park experts said the process must be handled carefully.
If you can’t beat ’em, join ’em. That’s the strategy some New Jersey-based financial institutions are taking when it comes to financial technology companies, which have been painted as a high-tech threat to traditional banking services.
Poverty and mistrust bar many from banks. The New Jersey Legislature is looking into the issue with bills to establish an Unbanked and Underbanked Consumers Study Commission — but in the meantime, some financial institutions are trying to address the problem on their own.
Stephen Sweeney says his Path to Progress can prevent New Jersey’s financial collapse. Great. Then what?
Photos from the June 17, 2019 issue of NJBIZ.