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Real Estate Trail
Institutional Press Wire
Connect CRE

Lennar Breaks Ground at 1,226-Acre Fort Monmouth Redevelopment

Via Connect CRE · October 22, 2026
Compiled by Real Estate Trail Editorial · October 22, 2026

Why this matters

Commercial real estate continues to digest a multi-year reset in cost of capital. Transaction velocity is below the 2019-2021 trend but improving, cap rates have stabilized across most stabilized property types, and the bid-ask gap has narrowed materially in the past two quarters. Sponsors with permanent capital and operating platforms have an advantage in the current execution environment. The next twelve months will continue to reward underwriting discipline and operational sophistication over balance-sheet aggression.

Editorial analysis · Real Estate Trail Editorial

Excerpt from Connect CRE:
Lennar has broken ground on The Premiere at Monmouth, a new community of single-family homes and townhomes within the 1,226-acre Fort Monmouth redevelopment in Eatontown, NJ. Rising on a site that sat vacant for more…
Read the full article at Connect CRE →

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