OWNERSHIP

Diversified Properties, LLC is a Montville, N.J.-based residential and commercial development and management company founded in 2000, specializing in value creation through the successful execution of multifamily, office, self-storage, retail, and industrial ground-up development and redevelopment projects throughout the northeastern United States. The sponsor utilizes its substantial in-house expertise in acquisitions, architectural and engineering design, land use, entitlements, construction, leasing, sales, and property management, within an agile and scalable operational structure to capitalize on opportunities in key growth markets. Diversified Properties, LLC has developed real estate valued at more than $1.5 billion and boasts a portfolio valued in excess of $500 million.

Diversified Properties transforms challenges into opportunities and aggressively pursues and executes ground-up and value add projects that require the vision and expertise of experienced real estate professionals. Leveraging substantial local market knowledge and a deep understanding of the value-add process, Diversified Properties is uniquely qualified to identify and analyze value-add opportunities throughout its target markets.

Guided by its solutions-oriented and hands-on approach, Diversified Properties is committed to working closely with municipalities, financial institutions, and joint venture partners to creatively unlock value from underutilized and underperforming properties.