Marshall Weinerman Real Estate

What Marshall Weinerman Real Estate does

Marshall Weinerman Real Estate (MWRE, Inc.) is a New Jersey-based private real estate company founded in 1984 that owns, develops, and manages a diversified portfolio of real estate assets across New Jersey, New York, and Pennsylvania. Under Chairman and President Marshall Weinerman, with Robert Gelber as Executive Vice President and Scott Rosenstein as Senior Vice President, the company operates four business lines: (1) a residential portfolio of over 2,500 garden apartments across more than 30 named communities; (2) the 150-room Grand Summit Hotel, a landmark boutique hotel in Summit, NJ; (3) a retail strip center portfolio including Tuscany Marketplace (60,000 sq ft), The Strand (30,000 sq ft), Parkside (30,000 sq ft), and several smaller New Jersey and New York properties; and (4) Newstar Homes, a luxury single-family homebuilder in Northern New Jersey.

The company's revenue model is built on recurring rental income from residential and commercial tenants, hotel operations, property management fees across asset classes, and one-time proceeds from real estate acquisitions, development, and for-sale homebuilding. Total real estate holdings exceed $250 million, supported by institutional financing relationships with TD Bank, Bank One/Morgan Stanley, GMAC Commercial Mortgage, and Capmark. MWRE acquires new assets through a dedicated acquisitions channel managed by Scott Rosenstein and serves tenants through a direct property management infrastructure that includes on-site leasing offices, an online resident portal at mwre.prospectportal.com, and the rentpayment.com platform for online rent collection.

The company has no disclosed technology platform or proprietary software beyond standard property-management and online rent-payment tooling, and the corporate website carries a 2006-2007 copyright. Customer-facing channels are limited to organic social (Facebook), property listing pages on mwreinc.com, the resident portal, and press-release-driven earned media. The operating model is asset-and-relationship-driven rather than technology-driven, with capital deployed into physical real estate rather than software development, and no AI, API, or data-product capabilities are disclosed.

Name

Marshall Weinerman Real Estate

Legal name

MWRE, Inc.

Website

https://mwreinc.com

Company type

Private

Founded year

1984

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Residential Property Management

NAICS

Real Estate Property Managers (53131), New Housing For-Sale Builders (236117), Rental and Leasing Services (532)

SIC

Operators Of Apartment Buildings (6513), General Bldg Contractors - Residential Bldgs (1520), Operative Builders (1531), Hotels, Rooming Houses, Camps & Other Lodging Places (7000), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Residential General Contracting (New Build) (IMAFAAAB)

Keywords

• Residential property management
• Apartment leasing services
• Commercial real estate
• Hotel property management
• Real estate development

Headquarters

HQ city

Summit

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Supply Chain, Marketing or Sales

Revenue model

1. Property Rental Income: MWRE generates revenue through rental income from its portfolio of over 2,500 garden apartments across New Jersey, New York, and Pennsylvania, as well as hotel operations at the Grand Summit Hotel.
2. Retail and Commercial Leasing: Revenue from leasing retail strip centers including Tuscany Marketplace, The Strand, Parkside, and other commercial properties.
3. Property Management Services: Management fees from overseeing hotel, retail, and residential properties.
4. Real Estate Acquisitions and Development: Profits from acquiring, developing, and increasing value of real estate holdings including the Grand Summit Hotel boutique hotel and Newstar Homes luxury single-family home builder.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Marshall Weinerman Real Estate (MWRE, Inc.) is a New Jersey-based real estate company that acquires, develops, and manages a diversified portfolio of over 2,500 garden apartments across New Jersey, New York, and Pennsylvania, retail strip centers, and the 150-room Grand Summit Hotel boutique hotel in Summit, NJ. The company also builds luxury single-family homes in Northern New Jersey through its Newstar Homes division, with total real estate holdings exceeding $250 million.

Product overview

Marshall Weinerman Real Estate (MWRE, Inc.) is a New Jersey-based real estate company operating as a property management and development firm with three core business lines: (1) hotel ownership and management, including the Grand Summit Hotel boutique property; (2) retail strip center ownership, with properties in New Jersey, New York, and Pennsylvania; and (3) multi-family residential apartment management, overseeing a portfolio of over 2,500 garden apartments across NJ, NY, and PA. Additionally, the company's Newstar Homes division builds luxury single-family homes in Northern New Jersey. MWRE's portfolio represents over $250,000,000 in real estate holdings, with financing affiliations with TD Bank, Bank One/Morgan Stanley, GMAC Commercial Mortgage, and Capmark.

Differentiator

Problem solved

Functional benefit

Brands

• Newstar Homes: Builder of luxury single family homes in Northern New Jersey.

Products and services

• Garden Apartments Portfolio (NJ/NY/PA) A managed residential portfolio of more than 2,500 garden apartment units across New Jersey, New York, and Pennsylvania, including named communities such as Chestnut Apartments, Manor Park, Wood Arms Associates, Woodbrook Village, Mountain View Gardens, New England Village, Berkshire Gardens, Cooperstown Apartments, The Arbors On Main, Lancaster Court, Water Wheel Apartments, Gatehouse Apartments, Chadwick Gardens, Ambassador Apartments, Berkshires I & II, Landis Terrace, Barclay Apartments, Malaga Villa, Vineland Apartments, and others. Offerings include 1- and 2-bedroom homes with renovated units, fully equipped kitchens, central AC, washer/dryer hookups, on-site maintenance, and proximity to commuter routes.
• Grand Summit Hotel A 150-room landmark boutique hotel located in Summit, NJ, owned and operated by MWRE, Inc. The hotel serves visitors and travelers seeking boutique accommodations in the Summit, New Jersey area.
• Retail Strip Centers A portfolio of retail strip centers and shopping centers managed and leased by MWRE across New Jersey and New York, including Rt 22 R&M Associates (Scotch Plains, NJ; 6,350 Sq Ft), Tuscany Marketplace (Cherry Hill, NJ; 60,000 Sq Ft), Northfield Rd Assoc. (Livingston, NJ; 8,000 Sq Ft), The Strand (Summit, NJ; 30,000 Sq Ft), Parkside (Yorktown Heights, NY; 30,000 Sq Ft), and Downtown Summit properties. The offering targets small and mid-sized retail tenants seeking well-located commercial space.
• Newstar Homes (Luxury Home Builder) A division of MWRE that builds luxury single-family homes in Northern New Jersey, operating as part of the company's real estate development portfolio.
• Property Management Services Professional property management services across MWRE's hotel, retail, and residential portfolio, including on-site leasing offices, dedicated maintenance staff, and accounting operations covering Northern NJ/NY and Southern NJ/PA regions.
• Real Estate Acquisitions and Development Acquisition and development activities aimed at growing MWRE's real estate holdings and increasing portfolio value. New acquisition proposals are received and managed by Senior Vice President Scott Rosenstein.

Quantifiable outcome

• Portfolio of over 2,500 garden apartments managed across NJ, NY, and PA
• +2 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Market position

Competitive moat4 records

Customer concentration

• Facebookfacebook.com/MWRE-Inc-151826921518062
• LinkedInlinkedin.com/company/marshall-weinerman-real-estate

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Marshall Weinerman Real Estate