Press Releases
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243 S. Harrison St., East Orange, NJ -
Gebroe-Hammer Associates Arranges $11.6M Sale of 76 Units in East Orange, NJ
November 25, 201916 Additional Units Trade in Up-and-Coming Township of IrvingtonEast Orange, N.J., November 25, 2019 – Within New Jersey’s East Essex cluster of urban municipalities primed for smart-growth and revitalization, Gebroe-Hammer Associates has arranged two separate apartment-property sales spanning the cities of East Orange and Irvington. Executive Managing Director David Oropeza was involved in both transactions while the latter also included Executive Vice President … Continue reading “Gebroe-Hammer Associates Arranges $11.6M Sale of 76 Units in East Orange, NJ”
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245 Valley Blvd., Wood-Ridge, NJ -
Gebroe-Hammer Associates Arranges $154.3+M in Bergen/Passaic County, NJ Sales
November 14, 2019839 Units Sell Across Two-County Region since JuneBergen/Passaic Counties, November 14, 2019 – Long considered one of the highest-barrier-to-entry multi-family investment submarkets in the state, the Bergen/Passaic County apartment-property corridor continues to live up to its enduring reputation, according to Gebroe-Hammer Associates. While for-sale product remains scarce – and the investor pool abundant – the firm’s market specialists have recorded a total … Continue reading “Gebroe-Hammer Associates Arranges $154.3+M in Bergen/Passaic County, NJ Sales”
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Ken Uranowitz, President -
Gebroe-Hammer Racks Up $1.38 B in YTD Sales with 93 Deals / 9,232 Units through Q3
October 23, 2019Latest centers of trading activity are North and Central Jersey and Philadelphia MetroLivingston, N.J., October 23, 2019 – Multi-family continued to flex its muscle over office and retail investment property sales in Q3 2019 thanks to an extended rent-growth run and unquenched appetite among investors for both value-add and new construction product, according to the investment brokerage firm Gebroe-Hammer Associates. At the close of Q3, the Livingston, … Continue reading “Gebroe-Hammer Racks Up $1.38 B in YTD Sales with 93 Deals / 9,232 Units through Q3”
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Chatham Village - Chatham, NJ -
Chatham Village Apartments Sells for $35.25M in Transaction arranged by Gebroe-Hammer Associates
October 10, 2019Chatham Township, N.J., October 10, 2019 – In Northern New Jersey’s extremely supply-constrained Short Hills Region multi-family investment submarket, Gebroe-Hammer Associates has orchestrated the $35.25M sale of 118 apartment-home units at Chatham Village Apartments in Chatham Township. The firm’s three Executive Vice Presidents Niko Nicolaou and David Jarvis, along with Morris County market specialist Stephen … Continue reading “Chatham Village Apartments Sells for $35.25M in Transaction arranged by Gebroe-Hammer Associates”
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Reynolds Terrace Apts, Orange, NJ -
Reynolds Terrace Apartments in Orange, NJ sells for $16.65M in Transaction arranged by Gebroe-Hammer Associates
October 2, 2019Firm’s latest East Essex County trades involve 1,300+ unitsOrange, N.J., October 2, 2019 – In the North Jersey Metro’s high-population and high-building-density pocket of East Essex County, Gebroe-Hammer Associates has arranged the $16.65 million sale of Reynolds Terrace Apartments, a nine-story midrise comprised of 120 apartment units at 248 Reynolds Terr. in the City of Orange, N.J. The firm’s Executive Vice President Stephen … Continue reading “Reynolds Terrace Apartments in Orange, NJ sells for $16.65M in Transaction arranged by Gebroe-Hammer Associates”
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Ken Uranowitz, President -
Gebroe-Hammer Associates Brokers $300M+ North Jersey Metro Multi-Family Portfolio Sale of over 1,800 Units
August 21, 2019Transaction Marks One of the Largest in NJ this YearEssex/Bergen Counties, N.J., August 20, 2019 – Gebroe-Hammer Associates has brokered the $300+ million sale of a multi-property portfolio with over 1,800 units spanning the high-barrier-to-entry submarkets of Northeast Essex and Bergen counties in Northern New Jersey. The 1.12-million-square-foot, 134 building portfolio is predominantly comprised of distinct and spacious one- and two-bedroom layouts, some of … Continue reading “Gebroe-Hammer Associates Brokers $300M+ North Jersey Metro Multi-Family Portfolio Sale of over 1,800 Units”
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Waterside Villas, Monroe Township, NJ -
Gebroe-Hammer Associates Arranges $23M Multi-Family Sale of Waterside Villas in Central Jersey
July 24, 2019Class-A 55+ property is centrally situated in affluent Middlesex CountyMonroe Township/Middlesex County, N.J., July 24, 2019 – Within one of Middlesex County’s highest income-growth neighborhoods, Gebroe-Hammer Associates has arranged the $23 million sale of 100 Class-A apartment-home units at Waterside Villas, an upscale 55+ community located at 1 Overlook Dr., in historic Monroe Township, N.J. The transaction was arranged by Adam Zweibel, senior vice … Continue reading “Gebroe-Hammer Associates Arranges $23M Multi-Family Sale of Waterside Villas in Central Jersey”
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Ken Uranowitz, President
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Apartments Reveal Impressive Buoyancy at Midyear with Gebroe-Hammer Sales of $820+M in Q1 & Q2 2019
July 15, 2019Firm Arranges 65 Deals to Date on behalf of Institutional Investors and Private IndividualsLivingston, N.J., July 15, 2019 – The apartment market revealed its impressive buoyancy in the first half of 2019, during which time nationally ranked investment brokerage firm Gebroe-Hammer Associates is reporting $820+M in multi-family sales encompassing 5,675 units year-to-date at the close of Q2. As it did in 2018, the Livingston, N.J.-based firm is outpacing … Continue reading “Apartments Reveal Impressive Buoyancy at Midyear with Gebroe-Hammer Sales of $820+M in Q1 & Q2 2019”
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7 Beech Spring Dr., Summit, NJ -
Gebroe-Hammer Arranges Two Sales involving 72 Apartment Units in Union County, NJ
June 27, 2019Trades include Beech Spring Apartments in Summit selling for $12.85MSummit & Plainfield, N.J., June 27, 2019 – Gebroe-Hammer Associates has arranged two separate multi-family property sales for a combined $15.75 million totaling 72 units across Union County, N.J. The trades were orchestrated by Executive Vice Presidents Niko Nicolaou and David Jarvis in the borough of Summit as well as Senior Vice President Adam Zweibel … Continue reading “Gebroe-Hammer Arranges Two Sales involving 72 Apartment Units in Union County, NJ”
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New Providence Gardens -
New Providence Gardens Sells for $58.5M in Transaction Arranged by Gebroe-Hammer Associates
June 3, 2019Firm Exclusively Represents Seller and Procures Unnamed Institutional BuyerNew Providence, N.J., June 3, 2019 – New Providence Gardens, a 232-unit garden-apartment community located within one of the most affluent corners of New Jersey, has been sold for $58.5 million in a trade arranged by Gebroe-Hammer Associates of Livingston. Executive Vice President Nicholas Nicolaou exclusively represented the seller, a private investment group, and the … Continue reading “New Providence Gardens Sells for $58.5M in Transaction Arranged by Gebroe-Hammer Associates”