Press Releases

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

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”

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 “”

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

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”

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

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”

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

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”

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

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”

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

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”

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

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”

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

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”