Mimi Feliciano Named in NJBiz Commercial Real Estate Power 50

Feliciano is bringing luxury to Long Branch. FEM Real Estate, of which she is the chief executive and co-founder, recently scored over $3 million for two condominiums at its South Beach development. All 47 condos in the two eight-story towers at South Beach have ocean views, and because it’s located within Long Branch’s Beachfront South redevelopment area, the project received a 10-year tax abatement which translates to over 32 percent tax savings for residents who can front the $1.5 million or $3 million price tag in that time. Before launching FEM, Feliciano was the owner and chief executive of Lincoln Park Healthcare, the largest nursing home complex in New Jersey. She and her husband Edwin are also the namesakes for Montclair State’s Feliciano School of Business.