What is Safer Development & Management?
Founded in 1982 by Albert Safer, Safer Development & Management Corp. is a seasoned developer and manager of commercial rental properties. The company primarily operates within New Jersey's Bergen, Hudson, and Essex counties, overseeing a substantial portfolio exceeding 2 million square feet of flexible rental space. Their offerings cater to a wide array of businesses, providing units ranging from 5,000 to over 100,000 square feet. Emphasizing a hands-on management philosophy and close tenant collaboration, Safer Development & Management focuses on optimizing operational efficiency. The company's strategic locations offer advantageous access to major transportation routes and proximity to New York City, enhancing its appeal to businesses operating within the broader metropolitan area.
How much funding has Safer Development & Management raised?
Safer Development & Management has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
What's next for Safer Development & Management?
With a history rooted in development and management, and now bolstered by substantial capital infusion, Safer Development & Management is poised for its next phase of expansion. The 'large-scale late-stage funding' context suggests a strategic focus on scaling operations, potentially through acquisitions, new development projects, or enhancing existing property management services. The company's established presence in key New Jersey counties, coupled with its proximity to Manhattan, provides a strong foundation for continued growth and market penetration. Future endeavors will likely leverage this recent investment to solidify its market leadership and explore new opportunities within the dynamic commercial real estate landscape.
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