Gebroe-Hammer Associates Brokers $7.75 Million Sale of 50-Unit Bergen County Garden-Apartment Complex

February 6, 2018
Pocket of Revitalization in Lodi/Hackensack/Garfield Draws Investors and Tenants

Lodi, N.J., February 6, 2018 – In the Lodi/Hackensack/Garfield pocket of Bergen County, N.J., where redevelopment initiatives are in full swing, Gebroe-Hammer Associates has arranged the $7.75 million sale of 50 multi-family units at 82 Contant Ave., in the borough of Lodi. The Gebroe-Hammer brokerage team of Executive Vice President Greg Pine and Senior Vice … Continue reading “Gebroe-Hammer Associates Brokers $7.75 Million Sale of 50-Unit Bergen County Garden-Apartment Complex”

Gebroe-Hammer Associates Names Adam Zweibel Salesperson of the Year

January 30, 2018
Central and South Jersey Market Specialist Triples Year-Over-Year Sales Benchmarks

Livingston, N.J., January 30, 2018 – For some, changing careers may be trying at best. Thanks to innate zeal and extreme drive, Gebroe-Hammer Associates’ Adam Zweibel has made it look all too easy. After a highly successful 10-year run in the information technology industry, the Livingston, N.J. resident altered his professional path by joining Gebroe-Hammer’s … Continue reading “Gebroe-Hammer Associates Names Adam Zweibel Salesperson of the Year”

Gebroe-Hammer Associates Sets New Benchmark for Year-End Sales with $231M in Transactions in December

January 8, 2018
1,315 Units Span 7 NJ and 3 PA Counties

New Jersey/Pennsylvania, January 8, 2018 – Gebroe-Hammer Associates, the region’s leading multi-family investment brokerage firm, has set a new benchmark for year-end sales, closing over $231 million in transactions in December alone. The firm’s market specialists arranged a total of 14 sales involving 1,315 apartment-rental units spanning seven New Jersey and three Northeastern Pennsylvania counties. … Continue reading “Gebroe-Hammer Associates Sets New Benchmark for Year-End Sales with $231M in Transactions in December”

Ravenscroft Apartments, Phillipsburg, NJ

Warren County, N.J.’s Ravenscroft Apartments Sells for $7.6M in Trade Arranged by Gebroe-Hammer Associates

December 18, 2017
Complex is Uniquely Located along NJ/PA Route 22 Corridor

Phillipsburg, N.J., December 18, 2017 – In Warren County’s southwestern town of historic Phillipsburg, N.J., Gebroe-Hammer Associates has arranged the $7.6 million sale of 76 units at Ravenscroft Apartments, located at 26 Fairview Ave., just off Route 22. Senior Vice President Stephen Tragash exclusively represented the seller, Ravenscroft  Assoc. LLC, and procured the buyer, a … Continue reading “Warren County, N.J.’s Ravenscroft Apartments Sells for $7.6M in Trade Arranged by Gebroe-Hammer Associates”

Hillcrest Court, East Orange, NJ

East and West Essex County, NJ Submarkets Tally $18.35M in Gebroe-Hammer Associates Sales

November 29, 2017

Essex County, N.J., November 29, 2017 – Within Essex County, N.J., Gebroe-Hammer Associates recently arranged four separate transactions totaling 150 units sold for a combined $18.35 million. The properties, which range from small-to-mid-sized urban low-rises to suburban garden-style complexes, were located throughout the East and West Essex submarkets where the average asking rent is $1,490. … Continue reading “East and West Essex County, NJ Submarkets Tally $18.35M in Gebroe-Hammer Associates Sales”

Burlington Court Apts., Burlington City, NJ

South Jersey Multi-Family Owners Tap Gebroe-Hammer Associates for Three Sales Totaling 896 Units/$88.85M

November 14, 2017
Properties Located in Burlington, Camden West and Gloucester Submarkets

Burlington/Camden/Gloucester County, N.J., November 14, 2017 – As new multi-family development remains rare in South Jersey’s low-vacancy rate suburbs, long-time and relatively new owners have been tapping Gebroe-Hammer Associates to market their high-unit-density, pre-1980s-era garden-style apartments. The result: three recent sales in the Burlington, Camden West and Gloucester County submarkets totaling 896 units sold for … Continue reading “South Jersey Multi-Family Owners Tap Gebroe-Hammer Associates for Three Sales Totaling 896 Units/$88.85M”

The Duchess, North Bergen, NJ

Gebroe-Hammer Associates Finalizes $166M Sale of NJ Gold Coast’s Newest Class-A Multi-Family Hi-Rise Development

October 31, 2017
Post Brothers Assumes Ownership of The Duchess in North Bergen

North Bergen, N.J., October 31, 2017 – Gebroe-Hammer Associates has finalized the $166 million sale of the Hudson Waterfront’s newest River Road luxury hi-rise, The Duchess in North Bergen, representing the developer, LWH Urban Renewal LLC of Edgewater, and the buyer, Philadelphia-based Post Brothers. Managing Director Joseph Brecher spearheaded the Gebroe-Hammer team that included Managing … Continue reading “Gebroe-Hammer Associates Finalizes $166M Sale of NJ Gold Coast’s Newest Class-A Multi-Family Hi-Rise Development”

Two Gebroe-Hammer Associates Brokerage Professionals Named among Top-25 Multi-Family Specialists in the Nation

October 25, 2017
Individual NJ and PA Market Specialists Round out List Dominated by Teams from California to New York City

Livingston, N.J., October 25, 2017 – Gebroe-Hammer Associates has once again distinguished itself as a multi-family industry leader with two brokers named to the sector’s top-25 dealmakers throughout the entire country. Managing Director Joseph Brecher and Senior Vice President Nicholas Nicolaou have been recognized as individuals for their overall transaction achievements recorded between July 1, … Continue reading “Two Gebroe-Hammer Associates Brokerage Professionals Named among Top-25 Multi-Family Specialists in the Nation”

Silver Lake Garden Apartments, Belmar, NJ

Gebroe-Hammer’s Latest Monmouth County, NJ Sale Sets New Per-Unit Price Benchmark for Pre-1970s Product within Shore Submarket

October 18, 2017
Silver Lake Gardens’ 30 Units Sell for $5.7 Million

Belmar, NJ, October 18, 2017 – In a $5.7 million garden-apartment sale arranged by Gebroe-Hammer Associates, the 30-unit Silver Lake Garden Apartments has established a new per-unit price benchmark for pre-1970s-era product within Central New Jersey’s Shore submarket. The suburban seaside community is located at 104 Fifth Ave., at the easternmost point of Belmar and … Continue reading “Gebroe-Hammer’s Latest Monmouth County, NJ Sale Sets New Per-Unit Price Benchmark for Pre-1970s Product within Shore Submarket”

Eli Rosen, Senior Vice President

Gebroe-Hammer Associates Arranges $14M University City Multi-Family Portfolio Sale

October 6, 2017
83 Units/144 Beds Located in Powelton Village Section

University City / Philadelphia, PA, October 6, 2017 – A distinctive, livable urban neighborhood of wide porches, tree-lined streets, restaurants and shops, University City is home to the latest Gebroe-Hammer Associates Philadelphia multi-family portfolio sale encompassing a total of 83 units and 20 properties sold for $14 million. Senior Vice President Eli Rosen, the firm’s … Continue reading “Gebroe-Hammer Associates Arranges $14M University City Multi-Family Portfolio Sale”