Press Releases
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Class B Value-Add Property -
Gebroe-Hammer Associates Records $324.55M in Multifamily Sales during Recent 6-Week Timeframe
September 27, 2022Sales involve Properties from Bergen County, NJ to Philadelphia MSALivingston, N.J., – From the northern reaches of Bergen County, N.J., to the most-active Philadelphia MSA submarkets, Gebroe-Hammer Associates has recorded a combined total of $324.55M in multifamily sales encompassing 1,650+ units during a recent six-week timeframe. The transactions have involved properties ranging from single-building garden-style communities to rare-to-market critical-mass portfolios spanning mid-20th Century to … Continue reading “Gebroe-Hammer Associates Records $324.55M in Multifamily Sales during Recent 6-Week Timeframe”
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136-198 White Horse Pike (left) and 256 Richey Ave. (right), Collingswood, NJ -
Gebroe-Hammer Associates Arranges $9.4M Sale of Two-Property Multifamily Package in Southwest NJ
August 29, 202256 Apartment-Home / 1 Commercial Unit Portfolio Offers New Buyer Building Density / Management EfficienciesCollingswood, N.J. – In one of Southwest New Jersey’s most in-demand municipalities, Gebroe-Hammer Associates has arranged the $9.4M sale of 57 total units at 136-198 White Horse Pike & 256 Richey Ave., in the borough of Collingswood. Sales Representative and market specialist Eli Herskowitz exclusively represented 198 Whitehorse Pike LP, the seller, and procured the buyer, … Continue reading “Gebroe-Hammer Associates Arranges $9.4M Sale of Two-Property Multifamily Package in Southwest NJ”
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Unquenched Multifamily Investment Demand Yields $979+M in Sales at Midyear for Gebroe-Hammer Associates
July 28, 2022Record Occupancies Fortify Resilience of Apartments for Foreseeable FutureLivingston, 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”
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Ridgewood Commons Apartments, South Orange, NJ -
Gebroe-Hammer Associates Arranges Sale of Ridgewood Commons Apartments in South Orange, NJ for Fourth Time since 1999
July 12, 202266-Unit Midrise is Centrally Situated in Village Center NeighborhoodSouth 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 “Gebroe-Hammer Associates Arranges Sale of Ridgewood Commons Apartments in South Orange, NJ for Fourth Time since 1999”
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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, 2022Submarket offers connectivity to immediate-neighborhood & Center City lifestyle amenitiesNortheast 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”
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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, 202253-Unit Garden-Community offers Central Location in Springfield Avenue SectionSummit, 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”
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557 E. 28th Street, Paterson, NJ -
Gebroe-Hammer Arranges Multifamily Sales totaling $12.36M / 83 Units Across City of Paterson, NJ
June 9, 2022Sales Punctuate Renewed Demand among Workforce Housing & Young Professional Tenant BasePaterson, 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”
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220 Roseville Avenue, Newark, NJ -
Gebroe-Hammer’s Jarvis Arranges Multi-Tranche $80+M Multifamily Portfolio Sale in Newark, NJ
May 16, 2022484 Units/20 Buildings Located throughout North Ward’s Roseville & Broadway NeighborhoodsNewark, 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”
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Northwood Estates, North Brunswick, NJ -
Gebroe-Hammer Associates’ $63.5M Sale of Northwoods Estates is First Stage of Classic Multifamily 1031 Exchange
May 9, 2022North Brunswick Garden Apartments feature 253 Spacious All-2BR/2Bath UnitsNorth 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”
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Berkeley Ave. Apartments, Bloomfield, NJ -
Gebroe-Hammer Associates Orchestrates Sale of 39-Unit 204 Berkeley Apartments in Bloomfield, NJ
April 27, 2022Extremely Well-Located Multifamily Property Appeals to Surging Young, Educated Renter CohortBloomfield, 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”