With combined experience of over 40 years in the industry, Iron Ore Properties’ founders have worked throughout the Northeast and have collectively developed and facilitated the development of thousands of residential homes (both rental and for sale) as well as millions of square feet of commercial buildings.
Current projects include transit-oriented ground-up mixed use developments as well as stabilized value-add projects in the urban centers of NJ.
Ground-up multifamily development involves constructing residential properties from the ground up. It offers the opportunity to design and build modern, purpose-built living spaces that cater to the evolving needs of residents, whether it’s luxury apartments, affordable housing, or mixed-income communities.
Mixed-use developments combine residential, commercial, and often retail spaces within a single project. These versatile properties create vibrant, walkable communities where residents can live, work, and shop all in one location, enhancing convenience and fostering a sense of community.
Value-add residential investments focus on properties that have untapped potential. This strategy typically involves renovating and upgrading existing residential units to increase their market value, offering better living conditions for tenants while generating higher rental income for investors.
Value-add retail investments involve revitalizing and enhancing retail spaces to attract both tenants and customers. This can include renovating, rebranding, or repositioning retail properties to maximize their profitability and adapt to changing consumer preferences.
Surplus land plays involve identifying and repurposing underutilized or surplus land parcels. These investments aim to unlock the value of such land by developing it into profitable properties, which could include residential, commercial, or mixed-use projects.
Note purchases refer to the acquisition of existing mortgage notes or loans secured by real estate. Investors in note purchases may have the opportunity to negotiate with borrowers, modify loan terms, or foreclose on properties to gain ownership, providing various strategies to maximize the value of these financial assets.
Distressed assets are typically properties facing financial difficulties, often due to factors such as foreclosure, bankruptcy, or operational challenges. Investors in distressed assets can acquire these properties at a discount and implement strategies to turn them around, potentially yielding significant returns when the assets recover their value.