Press Releases
Gebroe-Hammer Associates Completes 1031 Exchange Involving Properties In Bloomfield And Montclair
BLOOMFIELD, N.J., May 3, 2013 – Gebroe-Hammer Associates, the Livingston-based investment brokerage firm specializing in multi-family transactions, engineered a 1031 Exchange involving the sale of a 39-unitBloomfield property and the acquisition of aMontclair property package. The package encompassed 29 apartment-rental units and an adjacent single-family home containing a 19-space parking lot. Gebroe-Hammer’s Ken Uranowitz, president, … Continue reading “Gebroe-Hammer Associates Completes 1031 Exchange Involving Properties In Bloomfield And Montclair”
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Gebroe-Hammer Associates Arranges $2.215 Million Sale Of Winding Woods In Edison, N.j.
April 19, 201321 Units Strategically Located in One of Region’s Most Desirable MunicipalitiesLIVINGSTON, N.J.– April 19, 2013 – Multi-family investors have a penchant for Central New Jersey’s commuter-friendly locales, as evidenced by the recent $2.215 million sale of 21 units at Winding Woods in Edison. Gebroe-Hammer Associates’ Joseph Brecher, managing director, exclusively represented the seller, Winding Woods 1880 LLC, and identified the buyer. “Situated just off Route … Continue reading “Gebroe-Hammer Associates Arranges $2.215 Million Sale Of Winding Woods In Edison, N.j.”
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Gebroe-Hammer Associates Arranges $21+ Million In Essex And Hudson County Multi-family And Commercial Sales
March 21, 2013Transactions Involve More than 192 UnitsLIVINGSTON, N.J. – Mar. 13, 2013 – Low multi-family vacancy rates, strong rent rolls and a high concentration of properties in Essex and Hudson counties continue to feed investors who are hungry for these types of investments, according to the market specialists at Gebroe-Hammer Associates. The Livingston-based firm recently brokered six separate transactions totaling more … Continue reading “Gebroe-Hammer Associates Arranges $21+ Million In Essex And Hudson County Multi-family And Commercial Sales”
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Gebroe-Hammer Associates Arranges One Of Nj’s Highest Price-per-unit Trades With $32 Million Sale Of The Avenue At South Orange
February 26, 201379-Unit Luxury Building is Transit Village CornerstoneSOUTH ORANGE, N.J. – Feb. 26, 2013 – In one of New Jersey’s most recent highest price-per-unit multi-family trades, Gebroe-Hammer Associates has arranged the $32 million sale of The Avenue at South Orange, a 79-unit luxury loft-style apartment community with 4,000 square feet of ground-floor retail space. The brokerage team of Ken Uranowitz, president; Joseph … Continue reading “Gebroe-Hammer Associates Arranges One Of Nj’s Highest Price-per-unit Trades With $32 Million Sale Of The Avenue At South Orange”
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Gebroe-Hammer Associates Promotes Four Sales Associates To Vice President Positions
January 28, 2013Appointments Recognize Outstanding PerformanceLIVINGSTON, N.J. – Jan. 28, 2013 – Gebroe-Hammer Associates, a Livingston-based multi-family investment brokerage firm, has named four sales associates to executive management positions, announced President Ken Uranowitz. Steven Follman, Stephen Tragash and Nicholas Nicolaou have been appointed vice president while Debbie Pomerantz has been promoted to assistant vice president. “This group of real estate … Continue reading “Gebroe-Hammer Associates Promotes Four Sales Associates To Vice President Positions”
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Gebroe-Hammer Associates Names Nicholas Nicolaou ‘salesperson Of The Year
January 21, 2013Hudson County Market Specialist Records $38+ Million in Sales in Last 12 MonthsLIVINGSTON, N.J., Jan. 21, 2013 – Hard work, exceptional sales performance and unwavering dedication to client satisfaction have earned Nicholas Nicolaou the coveted Gebroe-Hammer Associates Salesperson of the Year award, the firm’s top honor. Nicolaou, who joined the Livingston, N.J.-based investment brokerage firm three years ago, also was promoted from sales associate to vice president, … Continue reading “Gebroe-Hammer Associates Names Nicholas Nicolaou ‘salesperson Of The Year”
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Gebroe-Hammer Associates Orchestrates Nine Essex County Trades Involving 436 Units
January 14, 2013Retail/Office, Multi-family Sales Total $24.17 Million in Four CitiesLIVINGSTON, N.J. – January 14, 2013 – Driven by low vacancy rates and solid demographics, Essex County remains a major submarket within the tri-state area for multi-family trading activity, according to Gebroe-Hammer Associates Managing Director David Oropeza. The Livingston-based investment brokerage firm is continuing its record-setting sales pace in this market, completing eight multi-family transactions and one … Continue reading “Gebroe-Hammer Associates Orchestrates Nine Essex County Trades Involving 436 Units”
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Gebroe-Hammer Associates Completes $8.675 Million In Latest Asbury Park Multi-family Trades
January 10, 201398-Unit Midrise and 23-Unit Garden Apartment Complexes Are Near DowntownLIVINGSTON, N.J. – January 10, 2013 – Asbury Park is continuing its residential, economic and cultural rebound, resulting in heightened multi-family investment interest citywide, according to Steven Follman, vice president of Gebroe-Hammer Associates. The Ocean/Monmouth County area market specialist recently recorded the city’s latest apartment-building trades involving the $6.9 million sale of Kingsley Arms and … Continue reading “Gebroe-Hammer Associates Completes $8.675 Million In Latest Asbury Park Multi-family Trades”