The Residences at North Village, Sparta, NJ

Gebroe-Hammer Associates Arranges Class A $14.65M Sale of The Residences at North Village in Sussex County, NJ

April 27, 2021
Newly Constructed Multifamily Property rounds out Mixed-Use Town Center

Sparta, N.J. – At a time when the population shift from surrounding urban areas is feeding a full-time tenant boom in Sussex County, N.J., 60 Class A multifamily units at The Residences at North Village in Sparta have been sold for $14.65M in a transaction orchestrated by Gebroe-Hammer Associates. Executive Vice President Stephen Tragash exclusively represented … Continue reading “Gebroe-Hammer Associates Arranges Class A $14.65M Sale of The Residences at North Village in Sussex County, NJ”

280-320 E. Main St., Rockaway, NJ

Gebroe-Hammer Associates Reports $490M in Multifamily Sales for Q1 2021

April 13, 2021
29 Transactions involve 4,041 Units in Northeast

Livingston, N.J. – Gebroe-Hammer Associates, a leading nationally ranked multifamily-focused investment brokerage firm, has reported $490M in sales encompassing 4,041 units at the close of Q1 2021. In total, the firm orchestrated the 29 transactions on behalf of private equity funds, institutional investors, family offices and private individuals with local, regional, national and global interests. … Continue reading “Gebroe-Hammer Associates Reports $490M in Multifamily Sales for Q1 2021”

125 Magnolia at Journal Square, Jersey City, NJ

$25M Sale of 125 Magnolia Sets New Multifamily Sales Benchmark for Emerging Jersey City Neighborhood

April 9, 2021
Historic 99-Unit Midrise is across from Journal Square PATH Plaza

Jersey City, N.J. – The $25M sale of 125 Magnolia at Journal Square has set a new multifamily benchmark for Jersey City’s newest upmarket neighborhood in the elevatored/pre-war apartment building category, according to Gebroe-Hammer Associates Executive Vice President Niko Nicolaou. The firm’s Hudson County/North Jersey Metro market specialist exclusively represented the seller, Excelsior Equities and its … Continue reading “$25M Sale of 125 Magnolia Sets New Multifamily Sales Benchmark for Emerging Jersey City Neighborhood”

Dover Hills, Dover, NJ

Dover Hills Apartments in Morris County, NJ Sells for $15.7M in Transaction arranged by Gebroe-Hammer Associates

March 1, 2021
100-Unit Garden Community features Spacious Units in Downtown Location

Dover, N.J. – North Jersey’s high-barrier-to-entry locations continue to drive the metro’s magnetic multifamily sales as reflected in the recent $15.7M trade of Dover Hills Apartments, according to the brokerage professionals at Gebroe-Hammer Associates. The firm’s Steve Tragash, executive vice president, procured the unnamed private buyer and Debbie Pomerantz, senior vice president, secured the exclusive listing … Continue reading “Dover Hills Apartments in Morris County, NJ Sells for $15.7M in Transaction arranged by Gebroe-Hammer Associates”

Imperial House, Elizabeth, NJ

Elizabeth’s Imperial House Apartments Sells for $21.3M in Trade Orchestrated by Gebroe-Hammer Associates

February 17, 2021
109-Unit High-Rise is a Fixture along Highly Trafficked North Broad Street Commercial Corridor

Elizabeth, N.J., – In the City of Elizabeth, New Jersey’s fourth most-populous city, Gebroe-Hammer Associates has orchestrated the $21.3M sale of Imperial House Apartments, a 109-unit, 13-story high-rise at 750 N. Broad St. Executive Vice Presidents Stephen Tragash and David Jarvis exclusively represented the seller, Landmark Companies based in Keasbey, N.J., and procured the buyer, a … Continue reading “Elizabeth’s Imperial House Apartments Sells for $21.3M in Trade Orchestrated by Gebroe-Hammer Associates”

(L-R) David Oropeza, David Jarvis, Adam Zweibel

Gebroe-Hammer Associates Sets Bar High for 2021 with $72M Trade of East Essex Region Portfolio

February 3, 2021
641 Units Span Newark and Irvington, N.J.

Newark/Irvington, N.J. – Gebroe-Hammer Associates has set the bar high for 2021 with the $72M trade of a 641-unit portfolio spanning Newark and Irvington, both in East Essex County – the state’s most densely populated urban hub. Executive Managing Director David Oropeza and Executive Vice President David Jarvis exclusively represented the seller, OneWall Partners, and procured … Continue reading “Gebroe-Hammer Associates Sets Bar High for 2021 with $72M Trade of East Essex Region Portfolio”

Ken Uranowitz, President

Gebroe-Hammer Associates Reports $1.32 Billion in 2020 Sales

January 14, 2021
7,080 Units Trade in 78 Deals across NJ, Eastern PA and Southern New York State

Livingston, N.J. – In a year of shifting health, safety and economic tectonics, Gebroe-Hammer Associates’ preparedness and skilled ability to respond to fluid multifamily-investment client needs resulted in overall 2020 sales of $1.32B. In total, the New Jersey-based investment brokerage firm arranged 78 deals involving 7,080 units across New Jersey, Eastern Pennsylvania and New York State. … Continue reading “Gebroe-Hammer Associates Reports $1.32 Billion in 2020 Sales”

130-132 N. 3rd St., Paterson, NJ

Gebroe-Hammer Associates Arranges $17M Sale of 9-Building, 133-Unit Apartment Portfolio across Paterson and Passaic, NJ

January 5, 2021
Properties Primed for Value-Add Repositioning Associated with Area’s Renaissance

Paterson/Passaic, N.J., January 5, 2021 – Gebroe-Hammer Associates has announced the $17M sale of a nine-property, 133-unit collection of early-20th-Century apartment buildings strategically situated in North Jersey’s Passaic County. The transaction was arranged by Senior Vice President Debbie Pomerantz, who exclusively represented the seller, Golden Equities LLC, and procured the buyer, an unnamed private investor. … Continue reading “Gebroe-Hammer Associates Arranges $17M Sale of 9-Building, 133-Unit Apartment Portfolio across Paterson and Passaic, NJ”

Ken Uranowitz, President

Gebroe-Hammer Records $164M in September/October Sales

November 24, 2020
Projected Transaction Closings Expected to Mirror Year-End Surges of Past Years

Livingston, N.J., November 24, 2020 – Multifamily continues to fare much better than its office and retail counterparts in the current protracted COVID environment, with investment sales remaining steady according to the investment brokerage professionals at Gebroe-Hammer Associates. During September and October, the Livingston, N.J.-based firm has recorded $164M in transactions involving over 1,030 units … Continue reading “Gebroe-Hammer Records $164M in September/October Sales”

The on-market Garden State Portfolio includes 357 West End Ave., Elizabeth, NJ

406-Unit Multifamily Portfolio in Receivership Comes to Market

October 26, 2020
29 Buildings Span New Jersey’s North, Central and Southern Metros

Livingston, N.J., October 26, 2020 – Gebroe-Hammer Associates has been appointed as the exclusive listing agent to market the in-receivership Garden State Portfolio, a 406-unit, 29-building collection of apartment properties spanning the entire state of New Jersey. Executive Managing Director Joseph Brecher is spearheading the assignment, which was awarded by Colliers International as receiver. Comprised … Continue reading “406-Unit Multifamily Portfolio in Receivership Comes to Market”