Contractor looking to get into apartment buildings

[Nick Russo]

Hello All,

I am currently part of a home building and commercial general contracting family business that has been going strong for over 35 years. While we are consistently growing, but are open to pivoting into a specific niche. One thing we are very interested in is apartment building construction and ownership. The owner of the company has very deep knowledge in land flipping and all facets of construction. We own a couple of larger lots that could be good candidates for a medium sized apartment complex. Our issue of course is the finding the funding and the overall know-how of taking advantage of state tax credits and breaking into this market of build and hold. We also have a very good knowledge of the Southern NJ area in terms of local municipalities, current land owners, etc.

I wanted to create this post to see if we may connect with anyone that is in need of our knowledge and expertise in the area, or that may benefit from a further conversation as this is of course just the tip of the ice berg! 

Thank you

[Nick Russo]

@Mordy Chaimovitz

No worries I appreciate any input. I'll definitely be looking into some of these possible buildings in my area, great idea.