Unquenched Multifamily Investment Demand Yields $979+M in Sales at Midyear for Gebroe-Hammer Associates

July 28, 2022
Record Occupancies Fortify Resilience of Apartments for Foreseeable Future

Livingston, N.J.– Unquenched demand among the GenZ tenant pool at midyear and the pricing out of millennial would-be homebuyers from the single-family home market are the launching pad for record-high multifamily investment and enduring optimism, according to Gebroe-Hammer Associates, a nationally ranked multifamily-focused investment brokerage firm based in North Jersey. At the close of Q2, … Continue reading “Unquenched Multifamily Investment Demand Yields $979+M in Sales at Midyear for Gebroe-Hammer Associates”

Ridgewood Commons Apartments, South Orange, NJ
July 12, 2022
66-Unit Midrise is Centrally Situated in Village Center Neighborhood

South Orange, N.J. – For the fourth time since 1999, Gebroe-Hammer Associates has arranged the sale of Ridgewood Commons in South Orange, N.J., a 66-unit five-story multifamily asset located at 10 N. Ridgewood Road in the township. The firm’s Executive Vice President David Jarvis exclusively represented the seller, 10 North Ridgewood Road LLC, and procured the … Continue reading “”

Stradford Arms Apartments, Northeast Philadelphia, PA

Gebroe-Hammer’s Eli Rosen Marks $93.1M in Northeast Philadelphia Sales at Midyear with Trade of Stradford Arms in Holmesburg

July 6, 2022
Submarket offers connectivity to immediate-neighborhood & Center City lifestyle amenities

Northeast Philadelphia – In the multifamily-trading hotbed of Northeast Philadelphia, Gebroe-Hammer Associates has arranged the sale of Stradford Arms Apartments, a 44-unit garden-style apartment-home community in the historic Holmesburg section, for an undisclosed price. Senior Vice President Eli Rosen exclusively represented the seller, Stradford Arms Apartments, and procured the buyer, Stradford Arms Owner, LLC, in the … Continue reading “Gebroe-Hammer’s Eli Rosen Marks $93.1M in Northeast Philadelphia Sales at Midyear with Trade of Stradford Arms in Holmesburg”

Beech Spring Village, Summit, NJ

Gebroe-Hammer Associates Completes Second Deal in Classic Multifamily 1031 Exchange with $14.5M Sale of Beech Spring Village Apartments in Summit, NJ

June 15, 2022
53-Unit Garden-Community offers Central Location in Springfield Avenue Section

Summit, NJ – Gebroe-Hammer Associates has finalized the $14.5M sale of Beech Spring Village Apartments in Summit to mark completion of a classic multifamily 1031 Exchange involving two properties and its unnamed sellers/buyers. The exchange where both parties bought and sold one another’s properties was arranged on behalf of the long-time firm clients by Executive Vice … Continue reading “Gebroe-Hammer Associates Completes Second Deal in Classic Multifamily 1031 Exchange with $14.5M Sale of Beech Spring Village Apartments in Summit, NJ”

557 E. 28th Street, Paterson, NJ

Gebroe-Hammer Arranges Multifamily Sales totaling $12.36M / 83 Units Across City of Paterson, NJ

June 9, 2022
Sales Punctuate Renewed Demand among Workforce Housing & Young Professional Tenant Base

Paterson, N.J. – New Jersey’s City of Paterson continues to draw heightened multifamily investment with the recent trade of 83 units sold for a combined $12.36M by Gebroe-Hammer Associates in the Passaic County seat. Senior Vice President Debbie Pomerantz exclusively represented the seller and procured the buyers in each of the four separate transactions. The sold … Continue reading “Gebroe-Hammer Arranges Multifamily Sales totaling $12.36M / 83 Units Across City of Paterson, NJ”

220 Roseville Avenue, Newark, NJ

Gebroe-Hammer’s Jarvis Arranges Multi-Tranche $80+M Multifamily Portfolio Sale in Newark, NJ

May 16, 2022
484 Units/20 Buildings Located throughout North Ward’s Roseville & Broadway Neighborhoods

Newark, N.J. – In Newark’s North Ward, Gebroe-Hammer Associates Executive Vice President David Jarvis has finalized a multi-tranche $80+M multifamily portfolio sale totaling 484 units across the Gateway City. A 26-year Newark/North Jersey market specialist, Jarvis exclusively represented the unnamed seller, a private investment group, and procured the buyer, a long-time private investment client, in the … Continue reading “Gebroe-Hammer’s Jarvis Arranges Multi-Tranche $80+M Multifamily Portfolio Sale in Newark, NJ”

Northwood Estates, North Brunswick, NJ

Gebroe-Hammer Associates’ $63.5M Sale of Northwoods Estates is First Stage of Classic Multifamily 1031 Exchange

May 9, 2022
North Brunswick Garden Apartments feature 253 Spacious All-2BR/2Bath Units

North Brunswick, N.J. – As part of the first stage of a classic multifamily 1031 Exchange, Gebroe-Hammer Associates has arranged the off-market $63.5M sale of Northwood Estates Apartments, a 253-unit garden-style community located at 500 Adams Lane in North Brunswick, NJ. The firm’s Executive Vice President David Jarvis orchestrated both sides of the property swap between … Continue reading “Gebroe-Hammer Associates’ $63.5M Sale of Northwoods Estates is First Stage of Classic Multifamily 1031 Exchange”

Berkeley Ave. Apartments, Bloomfield, NJ

Gebroe-Hammer Associates Orchestrates Sale of 39-Unit 204 Berkeley Apartments in Bloomfield, NJ

April 27, 2022
Extremely Well-Located Multifamily Property Appeals to Surging Young, Educated Renter Cohort

Bloomfield, N.J. – In the heart of one of Bloomfield’s highest-appreciating neighborhoods, Gebroe-Hammer Associates has arranged the trade of 39 multifamily units at 204 Berkeley Avenue for an undisclosed price. The firm’s brokerage team of David Jarvis, executive vice president, and Ken Uranowitz, president, exclusively represented the unnamed seller, who Gebroe-Hammer represented in late 2021 in … Continue reading “Gebroe-Hammer Associates Orchestrates Sale of 39-Unit 204 Berkeley Apartments in Bloomfield, NJ”

Hawthorne Towers, Montclair, NJ

Gebroe-Hammer Associates Orchestrates $38M Sale of Hawthorne Towers in Montclair, NJ

April 1, 2022
Property trades following 52 Years of ownership

Montclair, N.J. – In the geographically desirable commuter-dominated township of Montclair, which has seven separate train stations and is 17 miles northwest of Midtown Manhattan, Gebroe-Hammer Associates has arranged the $38M sale of 133 apartment homes known as Hawthorne Towers. The firm’s Executive Managing Director Joseph Brecher and President Ken Uranowitz exclusively represented the seller, … Continue reading “Gebroe-Hammer Associates Orchestrates $38M Sale of Hawthorne Towers in Montclair, NJ”

Gebroe-Hammer Associates Kicks off New Year with $214M in January Multifamily Sales involving 1,186 Units

February 15, 2022
Properties Present New Ownership with Value-Add Opportunities

Livingston, N.J., – Gebroe-Hammer Associates has harnessed the transaction momentum of year-end 2021 by recording $214M in multifamily investment sales totaling 1,186 units during January. In the first weeks of 2022, the Livingston, N.J.-based multifamily-focused investment brokerage firm has orchestrated 17 transactions across Northern and Central New Jersey as well as Philadelphia and its surrounding … Continue reading “Gebroe-Hammer Associates Kicks off New Year with $214M in January Multifamily Sales involving 1,186 Units”