Donaldson Park Apartments, Highland Park, NJ

Gebroe-Hammer Associates Finalizes $30M Sale of Highland Park, NJ Apartments in Less Than 30 Days

July 9, 2018
Firm Represents Original Developer of 152-Unit Garden Community

Highland Park, N.J., June 27, 2018 – In the Borough of Highland Park, N.J., where 58.4% of the population is renters and almost the same percentage of apartment buildings comprise the housing stock, Gebroe-Hammer Associates has finalized the $30 million sale of 152 units at Donaldson Park Apartments, located at 321 Crowells Rd., near the … Continue reading “Gebroe-Hammer Associates Finalizes $30M Sale of Highland Park, NJ Apartments in Less Than 30 Days”

Woodland Village Apartments, Lindenwold, NJ

Gebroe-Hammer Associates Arranges $32.1M Sale of Woodland Village Apartments in Southwest New Jersey

June 26, 2018
546-Unit Garden Community Leads Firm’s Latest Greater Philadelphia Sales Transactions

South Jersey/Philadelphia, June 26, 2018 – In the Metro Philadelphia apartment submarket, where the vacancy rate remains below the Northeast average, Gebroe-Hammer Associates has arranged three multi-family sales, including the $32.1 million trade of Woodland Village, located at 401 E. Gibbsboro Rd., in Lindenwold, N.J. The brokerage team of Senior Vice President Eli Rosen and … Continue reading “Gebroe-Hammer Associates Arranges $32.1M Sale of Woodland Village Apartments in Southwest New Jersey”

Cornell Arms, 735 Park Ave., Plainfield, NJ

Gebroe-Hammer’s Union County, NJ Market Specialists Record $22.7M in Recent Sales

June 18, 2018
Properties Span Plainfield and Elizabeth

Plainfield/Elizabeth, N.J., June 18, 2018 – At a time when Union County, NJ multi-family properties are commanding higher rents without concessions, Gebroe-Hammer Associates has arranged $22.7 million is sales involving four apartment communities in this northeastern county. The brokerage team of Senior Vice President Stephen Tragash, who exclusively represented each of the sellers, and Vice … Continue reading “Gebroe-Hammer’s Union County, NJ Market Specialists Record $22.7M in Recent Sales”

Nicholas Nicolaou, Senior Vice President

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’ Senior Vice President Nicholas Nicolaou 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. … 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 of Executive Manager Director David Oropeza and Senior Vice President Nicholas Nicolaou, along with Executive … 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. Vice Presidents Adam Zweibel and Gehane Triarsi arranged the $3.375 million … Continue reading “Gebroe-Hammer’s Sale of Cranford Multi-Family Community Sets New Price-Per-Unit Benchmark for Union County, NJ”