Gebroe-Hammer Associates Arranges $327.9 Million Gateway Portfolio Multi-Family Sale

June 5, 2018
118-Building, 2,137-Unit Portfolio Encompasses Six Separate Packages

Hudson County, N.J., June 5, 2018 – Gebroe-Hammer Associates’  has finalized the disposition of a 118-building, 2,137-unit Hudson County multi-family portfolio on behalf of a single seller, a private unnamed investor. In total, the Gateway Portfolio was broken out into six separate packages sold for a combined total of $327,846,200. The properties are located throughout … Continue reading “Gebroe-Hammer Associates Arranges $327.9 Million Gateway Portfolio Multi-Family Sale”

430 Union Ave., Hackensack, NJ

Gebroe-Hammer Associates Arranges Three Sales totaling $22.6 Million in Bergen/Passaic Apartment Submarkets

May 7, 2018
145 Units Located in Hackensack, Fairview and Passaic

Hackensack/Fairview/Passaic, N.J., May 7, 2018 – In Bergen and Passaic counties, where effective rents are projected to advance modestly through 2019, Gebroe-Hammer Associates has arranged three separate transactions totaling 145 units sold for a combined $22.6 million. The brokerage team included Executive Manager Director David Oropeza along with Executive Vice President Greg Pine, who arranged … Continue reading “Gebroe-Hammer Associates Arranges Three Sales totaling $22.6 Million in Bergen/Passaic Apartment Submarkets”

742 Park Avenue, East Orange, NJ

245 Multi-Family Units Sold for $31.7 Million by Gebroe-Hammer Associates in The Crossroads of New Jersey along East Orange/Newark Corridor

May 1, 2018
Dynamic Revival Sparks New Per Unit Price of $257,000+ in East Orange

East Orange/Newark, N.J., May 1, 2018 – The dynamic revival at the Crossroads of New Jersey – where East Orange and Newark converge – is energizing multi-family investment velocity and sales benchmarks throughout these two cities where Gebroe-Hammer Associates recently arranged three separate sales totaling $31.7 million for four buildings and 245 units. David Oropeza, … Continue reading “245 Multi-Family Units Sold for $31.7 Million by Gebroe-Hammer Associates in The Crossroads of New Jersey along East Orange/Newark Corridor”

Ken Uranowitz, President

Gebroe-Hammer Associates Marks Q1 2018 with 23 Deals and 2,438 Units Sold for $340.54M Hotbeds of Sales Activity Concentrated in NJ’s Hudson and Essex Counties

April 17, 2018

Livingston, N.J., April 17, 2018 – It seems nothing – not even the unpredictable weather in Q1 2018 – could dampen multi-family investment velocity for the Livingston, N.J.-based brokerage firm Gebroe-Hammer Associates, which recorded a total of 23 deals totaling 2,438 units sold for a combined $340.54 million to close out the first three months … Continue reading “Gebroe-Hammer Associates Marks Q1 2018 with 23 Deals and 2,438 Units Sold for $340.54M Hotbeds of Sales Activity Concentrated in NJ’s Hudson and Essex Counties”

Forest Hill Terrace Apts., Newark NJ

Gebroe-Hammer Associates Exclusively Reps Seller and Procures Buyer in $50M Sale of Forest Hill Terrace Apartments in Newark, NJ

March 23, 2018
452-Unit North Ward Garden-Apartment Complex Located Adjacent to Branch Brook Park

Newark, N.J., March 23, 2018 – The $50 million sale of 452 multi-family units at Forest Hill Terrace Apartments, a critical-mass garden-apartment community in Newark, N.J., has been finalized today, announced Gebroe-Hammer Associates. Executive Vice President David Jarvis, the firm’s Newark market specialist, exclusively represented the seller Kamson Corporation, the decades-long owner, and procured the … Continue reading “Gebroe-Hammer Associates Exclusively Reps Seller and Procures Buyer in $50M Sale of Forest Hill Terrace Apartments in Newark, NJ”

Lehigh Crossing, Bethlehem, PA

Lehigh Crossing Apartments and Townhomes Sell for $26.1 Million in Transaction Arranged by Gebroe-Hammer Associates

March 21, 2018
Bethlehem’s Resurgence as Center for Employment, Arts, Entertainment, Dining & Shopping attract Investors

Bethlehem, PA, March 21, 2018 – At the midway point along the highly desirable Allentown-Bethlehem-Easton corridor in the central section of eastern Pennsylvania, Gebroe-Hammer Associates has arranged the $26.1 million sale of Lehigh Crossing in the City of Bethlehem. The 211 apartment and townhome community, located at 1416 Livingston St., is in the Bayard Park … Continue reading “Lehigh Crossing Apartments and Townhomes Sell for $26.1 Million in Transaction Arranged by Gebroe-Hammer Associates”

The Hamlet, Cranford NJ

Gebroe-Hammer’s Sale of Cranford Multi-Family Community Sets New Price-Per-Unit Benchmark for Union County, NJ

March 8, 2018
Firm Reps Seller and Procures Buyer in Transaction

Cranford, N.J., March 8, 2018 – A new price-per-unit benchmark of $337,500 has been established for the Union County, N.J., apartment submarket, according to Gebroe-Hammer Associates, who raised the bar exclusively representing the seller and procuring the buyer of 10 townhome-style units in Cranford. The firm’s market specialists arranged the $3.375 million sale of The … Continue reading “Gebroe-Hammer’s Sale of Cranford Multi-Family Community Sets New Price-Per-Unit Benchmark for Union County, NJ”

Sycamore Court, Merion Station, PA

Gebroe-Hammer is a Leader in Greater Philadelphia Metro Multi-Family Sales for Latest Quarter

March 1, 2018
Market Specialists Arrange Transactions involving 627 Units/$104.98M

Philadelphia, PA, March 1, 2018 – While the Philadelphia apartment market recorded the second highest number of multi-family units sold in the Northeast at the close of last quarter – ranking only behind New York City – Gebroe-Hammer Associates orchestrated one-third of the metro’s overall transactions during the same timeframe. The firm’s Greater Philadelphia Market … Continue reading “Gebroe-Hammer is a Leader in Greater Philadelphia Metro Multi-Family Sales for Latest Quarter”

Greg Pine, Executive Vice President; Debbie Pomerantz, Senior Vice President

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”

Ken Uranowitz, President

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”