First Real Estate Investment Trust of New Jersey Acquisition | Real Estate Services Deal in NJ

First Real Estate Investment Trust of New Jersey, Inc. has completed the acquisition of First Real Estate Investment Trust of New Jersey, a real estate services other business in New Jersey, for $24.44 to $30.03 per share. The real estate services other platform is winding up and liquidating its assets through a plan of voluntary liquidation, with distributions to stockholders estimated in that per-share range. The NJ acquisitions process involves selling all assets or transferring them to a liquidating trust, supporting real estate services M&A and divestiture acquisition activity in Hasbrouck Heights and Hackensack. The announced divestiture acquisition is structured as a shareholder-approved liquidation plan, with a special meeting scheduled for September 29, 2026, and record date set for July 31, 2026.