November 23, 2021

Diversified Properties Named One of the Top Developers in the State in Inaugural NJBIZ Awards Program

Montville, N.J. (November 23, 2021)Diversified Properties, one of the region’s most experienced commercial/residential real estate developers and owners, announces they have been named one of the top developers in the state by NJBIZ in its 2021 Leaders in Real Estate, Construction and Design Awards program.

In its inaugural year, the NJBIZ Leaders in Real Estate, Construction and Design Awards celebrate the most influential individuals and companies changing New Jersey’s commercial real estate landscape through innovative and visionary approaches to development, construction and design.

Diversified Properties was recognized for its 20-plus-year track record of success in real estate development across the Northeast market. Builders at heart, the firm has developed real estate valued at more than $1.5-billion and today boasts a portfolio valued at more than $500 million. As one of the region’s most experienced and trusted developers, Diversified Properties’ expertise spans the entire spectrum of asset classes and markets with an existing development pipeline spanning 4,000 residential units across 10 diverse communities and has helped bring 10,000 units to life over its history. On the commercial side, the firm has brought over 800,000 square feet of office, self-storage, retail, and industrial space to market and currently manages a portfolio of over 300,000 square feet of commercial space home to over 800 tenants.

A key piece of Diversified Properties’ success is its expertise in value creation. Since its founding in 2000, Diversified Properties has built a significant resume of success in turning around distressed and challenging real estate projects throughout the Northeast market. Guided by a solutions-oriented and hands-on approach, Diversified Properties has a storied history of working closely with municipalities, financial institutions, and joint venture partners to creatively unlock value from underutilized and underperforming properties and turning them into successful real estate investments.

“Since the beginning, it has always been our goal to turn challenges into opportunities,” said Nicholas Minoia, Founding and Managing Partner of Diversified Properties. “This recognition underscores our two-plus decades of success in achieving that goal and we are deeply honored and humbled to be named alongside so many notable leaders in the real estate, construction and design industries.”

About Diversified Properties
Diversified Properties is one of the region’s most experienced commercial/residential real estate developers and owners with a diverse portfolio of high-quality, value-add assets under management and in the pipeline throughout the northeast. Diversified Properties’ veteran team of real estate professionals 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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