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”

1 Murray Hill Terrace, Bergenfield, NJ

Three-Building Bergen County, NJ Portfolio Sale Arranged by Gebroe-Hammer Associates

October 2, 2017
Bergenfield Properties Acquired for $6.6M

Bergenfield, N.J., October 2, 2017 – In the Northern New Jersey suburban submarket of Bergenfield, where apartment rents have risen by 4 percent in the past year, Gebroe-Hammer Associates has arranged the $6.6 million sale of a three-building portfolio involving 36 multi-family units, 3 commercial units and an adjacent single-family home. Executive Vice President Greg … Continue reading “Three-Building Bergen County, NJ Portfolio Sale Arranged by Gebroe-Hammer Associates”

Suburban Manor, Ramapo, NY

Suburban Manor Apartments in Town of Ramapo, NY Sells for $6.35M in Trade Arranged by Gebroe-Hammer Associates

September 25, 2017
70% Renter Population and Property Appreciation Potential Attract Buyer

Ramapo, N.Y., September 25, 2017 – In a suburban New York State submarket where almost 70 percent of the population is comprised of renters, Gebroe-Hammer Associates has exclusively represented the seller, Ramapo Knolls Inc., and procured the buyer, Suburban Manor LLC, in the $6.35 million sale of Suburban Manor, a garden-style apartment complex located at … Continue reading “Suburban Manor Apartments in Town of Ramapo, NY Sells for $6.35M in Trade Arranged by Gebroe-Hammer Associates”

Summit Place Apartments, Lindenwold, NJ

Gebroe-Hammer Associates Exclusively Reps Seller/Procures Buyer in $7.5M Sale of Summit Place in Southwest Jersey

September 13, 2017
148-Unit Garden-Apartment Community Underwent Recent Upgrades

Lindenwold, N.J., September 13, 2017 – In the second largest of the Greater Philadelphia Metro Apartment Market’s 28 distinct submarkets – Camden West – Gebroe-Hammer Associates has arranged the $7.5 million sale of 148 units at Summit Place, a recently renovated garden-style community located at 411 E. Gibbsboro Rd., in Lindenwold. Vice President Adam Zweibel … Continue reading “Gebroe-Hammer Associates Exclusively Reps Seller/Procures Buyer in $7.5M Sale of Summit Place in Southwest Jersey”

158-160 Second Ave., Newark, NJ

Gebroe-Hammer Closes Three Separate Newark Transactions involving Four Buildings and 113 Units

September 7, 2017
Latest Transaction involves 18 units in Forest Hill Neighborhood

Newark, N.J., September 7, 2017 – Newark multi-family sales are mirroring the city’s overall rebirth with value-add and “as-is” property acquisition opportunities raising renewed investor interest, according to the brokerage professionals at Gebroe-Hammer Associates. David Jarvis, executive vice president and the firm’s Newark/urban market specialist, recently closed three separate transactions involving a total of four … Continue reading “Gebroe-Hammer Closes Three Separate Newark Transactions involving Four Buildings and 113 Units”

Crest Ridge Apartments, West Orange, NJ

Crest Ridge Apartments in West Orange Sells for $40.5 Million in Transaction Brokered by Gebroe-Hammer Associates

August 17, 2017
Rare Acquisition Opportunity Garners a $227,528 Per-Unit Price

West Orange, N.J., August 17, 2017 – In the suburban yet cosmopolitan Essex County township of West Orange, the premier 178-unit garden-apartment community of Crest Ridge Apartments has been sold for $40.5 million, the investment brokerage firm Gebroe-Hammer Associates announced today. The team of Executive Vice President Greg Pine and Adam Zweibel, vice president, exclusively … Continue reading “Crest Ridge Apartments in West Orange Sells for $40.5 Million in Transaction Brokered by Gebroe-Hammer Associates”

West Belt Plaza, Wayne NJ

Two Prominent Regional/Community Retail Centers totaling 110,000+ SF Sell for $34 Million in North Jersey

August 8, 2017

Wayne/Waldwick, NJ, August 8, 2017 – As consumers continue to favor locally owned and operated lifestyle businesses as well as new, fresh national brands, North Jersey’s regional and neighborhood retail centers are standing tall in terms of investment demand, according to the professionals at Gebroe-Hammer Associates. In the latest Bergen/Passaic County retail center sales totaling … Continue reading “Two Prominent Regional/Community Retail Centers totaling 110,000+ SF Sell for $34 Million in North Jersey”

Olympic Gardens Office Center, Brick, NJ

Gebroe-Hammer Associates Orchestrates $10.1 Million Sale of Olympic Gardens Mixed-Use Complex in Brick, NJ

July 31, 2017
80 Apartment / 14 Office Units Located along In-Demand Route 88 Corridor

Brick, N.J., July 31, 2017 – Olympic Gardens, a highly coveted mixed-use asset comprised of an 80-unit multi-family complex with an adjacent 14,336 SF single-story office center along Route 88, has been sold for $10.1 million in a transaction arranged by Gebroe-Hammer Associates, based in Livingston. Managing Director Joseph Brecher spearheaded the brokerage team, which … Continue reading “Gebroe-Hammer Associates Orchestrates $10.1 Million Sale of Olympic Gardens Mixed-Use Complex in Brick, NJ”

Addison at Princeton Meadows, Plainsboro Township NJ

Gebroe-Hammer Associates Surpasses $700M in Sales of 4,000+ Units Sold in Middlesex County, NJ during Past 24 Months

July 13, 2017

Plainsboro Township, N.J., July 13, 2017 – Gebroe-Hammer Associates has surpassed the 4,000+ unit multi-family sales milestone for Middlesex County, N.J. during the past 24 months, with the $73.3 million sale of Addison at Princeton Meadows in Plainsboro Township, which closed today. Joseph Brecher, managing director, arranged the sale on behalf of the seller and … Continue reading “Gebroe-Hammer Associates Surpasses $700M in Sales of 4,000+ Units Sold in Middlesex County, NJ during Past 24 Months”

Ken Uranowitz, President

Gebroe-Hammer Associates Hits its Stride in June with 16 Sales totaling 1,290+ Units / $181.42M for the Month

July 7, 2017

Livingston, N.J., July 7, 2017 – Multi-family investments are bringing the heat, from the region’s in-demand urban downtown districts to the picturesque highland and coastal regions, according to the investment brokerage professionals at Gebroe-Hammer Associates of Livingston, N.J. In June alone, the firm’s market specialists recorded a total of 16 sales encompassing a combined 1,290+ … Continue reading “Gebroe-Hammer Associates Hits its Stride in June with 16 Sales totaling 1,290+ Units / $181.42M for the Month”