The New Jersey Division of Investment (DOI) has issued a request for proposals (RFP) for real estate investment consulting services, according to the Department of the Treasury’s materials. The due date for questions was January 15, and the submission deadline is Feb. 18, 2025.
The New Jersey DOI has $71.7 billion in total assets under management, with an 8 percent allocation target for real estate assets. As of Dec. 31, 2024, it had $4 billion in total real estate assets.