Author name: Mathew Cianci

NEW HAVEN, CT — September 9, 2025. MACRE Properties is pleased to announce the successful exit of 35–37 Sheldon Terrace in New Haven, CT. The off-market deal marks the Company’s first full-cycle transaction and involves the sale of its very first acquisition from 2018. The property was acquired in 2018 with substantial deferred maintenance and below-market rents. Leveraging a value-add strategy and hands-on management, MACRE Properties repositioned the asset to unlock significant value—culminating in an exit that exceeded initial underwriting expectations. “We are incredibly proud to have not only a successful, off-market deal closed in 2018, but also, one that far exceeds our initial expectations from when we purchased the deal. This underscores our investment process and strict underwriting procedure that ensures we are buying quality assets at attractive bases.”— Matthew Cianci, Founder of MACRE Properties This is the Company’s fourth transaction of 2025 and the sale implies a valuation of $223,500 per unit at a 5.9% going-in cap rate, underscoring the strength of the Company’s off-market deal-making strategy and hands-on execution in value-add multifamily.

LONG BRANCH, NJ — June 2025 — MACRE Properties is pleased to announce the acquisition of 364 Westwood Avenue, a fractured condominium portfolio consisting of 12 units in the heart of Long Branch, New Jersey. The $2,751,000 off-market acquisition, completed June 17, 2025, reflects the firm’s ability to source and execute on highly complex transactions. The acquisition was secured at an 8.0% going-in cap rate and, more importantly, at a significant discount to prevailing per-unit values in the condominium market, where individual units continue to sell at higher prices to homeowners. While the portfolio carries deferred maintenance and requires meaningful leasing work, MACRE Properties sees strong potential for value creation. Strategically located adjacent to the Long Branch Train Station, three blocks from a major hospital system, and within walking distance to the beachfront, the property is exceptionally well-positioned to benefit from sustained tenant and homeowner demand in one of New Jersey’s fastest-growing coastal cities. “This transaction reflects both the challenges and opportunities that define our investment strategy—unlocking value in overlooked or distressed assets while aligning with strong local fundamentals,” said Matthew Cianci, Principal at MACRE Properties. “We are optimistic about the long-term potential of this portfolio and excited to contribute to the continued growth of Long Branch.” Investment Highlights Revitalization Backdrop Long Branch has emerged as one of New Jersey’s most dynamic coastal markets, supported by significant public and private investment. Ongoing redevelopment of its beachfront and transit-oriented corridors has attracted both new residents and employers, while proximity to New York City enhances commuter demand. With strong healthcare anchors, improving infrastructure, and a thriving cultural scene, Long Branch provides an attractive backdrop for value-driven real estate investment.