Montville, N.J. (November 29, 2021) – Diversified Properties, one of the region’s most experienced commercial/residential real estate developers and owners, announces that Founding and Managing Partner Nicholas Minoia has been selected as one of the most powerful industry professionals by NJBIZ’s 2021 Real Estate Power 50 List. Selected annually, the prestigious recognition celebrates the vision and leadership of the most influential real estate executives and municipal leaders in New Jersey.
Minoia’s ability to create value is best demonstrated by his ability to execute some of the most complex and challenging real estate projects. Leveraging its entrepreneurial approach and multi-disciplinary in-house capabilities to capitalize on opportunistic ground-up development and redevelopment projects in key growth markets, under Minoia’s leadership the firm has developed real estate valued at more than $1.5-billion and today boasts a portfolio valued at more than $500 million. A builder at heart, Minoia leverages his deep experience in multifamily development successfully bringing over 10,000 units and dozens of communities across the northeast to market with an additional development pipeline of 4,000 residential units across 10 diverse communities. On the commercial side, the firm has developed over 800,000 square feet of office, self-storage, retail, and industrial space and manages a portfolio of over 300,000 square feet of space home to over 800 tenants.
In addition to his unmatched experience in all aspects of commercial real estate, Minoia also has deep experience in financing and banking as a board member for ConnectOne Bank (NASDAQ: CNOB) and serves on their Corporate Governance and Audit Committees. Prior to that, Minoia had also served as a board member for Union Center national bank. Minoia has served as a Project Manager for Habitat for Humanity for ten years where he helped oversee national and international housing construction and worked closely with Former President Jimmy Carter.
Inclusion on the NJBIZ Power 50 list marks the latest achievement for Minoia and Diversified Properties which have received recognition from GlobeSt. in its Real Estate Forum 2021 Influencers in Multifamily list and a spot on NJBIZ’s Leaders in Real Estate, Construction, and Design Awards earlier this year.
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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For more on Diversified Properties, please visit https://www.diversifiedproperties.com.