December 5, 2023

Diversified Properties’ Founding and Managing Partner Nicholas Minoia Named a 2023 ROI-NJ Real Estate Influencer

Montville, N.J. (November 28, 2023)Diversified Properties, one of the region’s most experienced and active commercial real estate developers and owners, announces its Founding and Managing Partner Nicholas Minoia has been named a 2023 ROI-NJ Real Estate Influencer.

Each year, ROI-NJ recognizes New Jersey’s most influential and important players in the commercial real estate industry for leading the way into the future.

“I am grateful to be named an ROI-NJ Real Estate Influencer alongside such a distinguished group of commercial real estate professionals,” said Minoia. “Our team at Diversified Properties has accomplished so many milestones this year across the multifamily, self-storage, and industrial sectors, and I am excited to lead our team towards further success throughout New Jersey and the Mid-Atlantic region.”

Minoia founded Diversified Properties in 2000 and has grown the company and its affiliated entities into one of the most respected development, investment and management firms throughout the region. Over the past several years, the company has demonstrated a specialty in capitalizing on opportunistic ground-up development investments in historically underserved markets.

The firm’s success developing properties in underserved markets is highlighted by multiple projects within its growing portfolio. Summit Court, a 393-unit luxury multifamily community in Union, N.J., transformed what was a bankrupt industrial site into brand-new upscale apartments situated just outside of Manhattan. Supported by a recently completed amenities package, Summit Court is now fully leased and home to hundreds of tenants in one of New Jersey’s most untapped markets.

In addition to Summit Court, Diversified Properties has recently begun its first phase of construction at Jefferson Place, an 82-unit rental community in Jefferson, N.J. Like Union, Jefferson has been historically underinvested by developers due to limited land inventory and presented an opportunity for the company to bring much-needed multifamily rentals to the local community.

Diversified Properties’ growing portfolio of tri-state area multifamily, self-storage and industrial properties also includes 30 Court, a 58-unit ultra-luxury multifamily building in Morristown, N.J., Montville Center, a 30,000-square-foot office building in Montville, N.J., Summit Lane, a 188-unit luxury apartment community in Newburgh, N.Y., Summit Terrace, a 270-unit apartment community in New Windsor, N.Y., Mars Industrial Park, a five-building industrial complex spanning 100,000 square feet in Montville, N.J., Irondale at Wharton, a 60-unit luxury rental community currently under construction in Wharton, N.J., and 80,000 square feet of self-storage in Montgomery, N.Y.

About Diversified Properties
Diversified Properties is one of the region’s most experienced commercial real estate developers and owners with a diverse portfolio of high-quality, value-add assets throughout the northeast and a veteran team of real estate professionals. Diversified Properties leverages its entrepreneurial approach and multi-disciplinary in-house capabilities to capitalize on opportunistic ground-up development and redevelopment projects in key growth markets. Driven by a passion for building, Diversified Properties leverages its extensive hands-on experience to drive value and create spaces where businesses and communities can thrive.

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