EMET Realty, Management & Development Co., Inc., is a privately owned firm involved in the management, development, ownership, and syndication of commercial and residential properties.
COMMERCIAL AND INDUSTRIAL
In Florida, EMET Realty has developed two mixed business parks and storage facilities collectively providing over 1,000 units of mini-storage warehousing and incubator office space.
EMET is also a main investor in a large syndication of well-located property on the intersection of two major highways in a populated region of Florida. The original tenant for the space was Home Depot. When deciding to relocate to a larger building, Home Depot worked with an EMET syndication partnership to re-develop the site for use by large chain stores Best Buy and George’s Music.
RETAIL & OFFICE
EMET Realty is a major investor, owner and manager of properties in NJ and Florida accommodating upscale commercial and professional businesses. The properties range in size from 10,000 to 100,000 square feet.
Leased companies in the Oradell, NJ 30-unit mixed retail and office space strip center include banks, franchises, medical offices, and other private concerns.
EMET holdings also include mixed-use commercial and residential properties.
EMET Realty purchases, renovates and leases mixed-income apartment buildings. Apartments run the gamut from studios to three-bedrooms and are located in such diverse building structures as brownstones, multi-family units, garden apartment complexes, and mixed-use properties. Mixed-use properties have first-floor commercial storefronts hosting a broad variety of small and successful businesses that are integral to the local economy.
EMET also purchases, renovates, and divides into entry-level condominiums and sells brownstones and other buildings in developing urban communities. These units are one to three bedrooms and are furnished with modern amenities.
Additionally, EMET purchases subdivided tracts of land and forms syndications with builders and investors to develop market and sell residential properties.
EMET is helping to strengthen urban communities by participating in in-fill housing projects. EMET purchases vacant land or existing buildings, constructs or renovates homes, and sells the finished house to new homebuyers.
EMET Realty provides supportive housing in various arrangements:
EMET arranges permanent housing in SRO facilities and apartments. EMET specializes in community development to provide on and off-site rehabilitative assistance. The results of these efforts: happier and healthier individuals, safer and revitalized neighborhoods, and at some venues, formerly environmentally hazardous sites are cleaned up.
Low Income Housing Tax Credit (LIHTC) Properties
Corporate America partners with specified developers in targeted communities through the LIHTC program to subsidize housing, develop neighborhoods, and revitalize urban centers. Scoring high grades in HUD and LIHTC compliance and monitoring, EMET syndicates properties for individuals and families with low-income housing needs. EMET has excellent relationships with its corporate investors who get the benefits of both federal tax liability reductions as well as investments in societal progress. LIHTC patterns receive increased earnings per share, retained earnings, working capital, and net after-tax income.