Press Releases
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5414 Park Avenue Apartments, West New York, NJ -
Gebroe-Hammer Associates Orchestrates $3.95M Sale of Hudson County, NJ Midrise Apartment Building
November 2, 202322 units include 1BR & 2BR/1 Bath LayoutsWest New York, N.J., – Gebroe-Hammer Associates has arranged the $3.95M sale of a 22-unit midrise apartment building located in the Hudson Waterfront municipality of West New York, N.J. The firm’s North Jersey market specialist David Betesh, sales representative, exclusively represented the generational owner / seller, 5414 Park Avenue LLC, and procured the buyer, a … Continue reading “Gebroe-Hammer Associates Orchestrates $3.95M Sale of Hudson County, NJ Midrise Apartment Building”
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Summer Property Sale 2023 -
GH Closes out Summer with $103.58+M in Multifamily Sales
September 11, 202310 Transactions include 740 Units across NJ & Philadelphia CorridorLivingston, N.J., – At the close-of-summer mark, Gebroe-Hammer Associates is reporting total multifamily sales of $103.58+M for apartment properties throughout Northern and Southern New Jersey, including the Philadelphia corridor. Combined, the deals involved 740 units during the 13-week period between June 1st and early September. In keeping with the enduring trend where investors focus on … Continue reading “GH Closes out Summer with $103.58+M in Multifamily Sales”
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Chilton Hall Apartments, Elizabeth, NJ -
Gebroe-Hammer Associates Inks Sale of Generationally Owned Multifamily Asset in Elizabeth, NJ
August 1, 202321-building garden community features immediate-neighborhood connectivityElizabeth, NJ, – Gebroe-Hammer Associates has arranged the sale of a 126-unit, garden-apartment community with generational ownership of 40+ years in Union County, N.J.’s City of Elizabeth. Executive Vice President Stephen Tragash exclusively represented the seller and procured the buyer, a long-time client of the firm, in the trade of Chilton Hall Apartments in the … Continue reading “Gebroe-Hammer Associates Inks Sale of Generationally Owned Multifamily Asset in Elizabeth, NJ”
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Byron Street Apartments, Carteret, NJ -
Gebroe-Hammer Associates arranges $9.72M Off-Market Multifamily Portfolio Sale in Central New Jersey
July 11, 2023Three Middlesex County Properties span Carteret, Sayreville & Edison, NJMiddlesex County, NJ – Gebroe-Hammer Associates has arranged the $9.72M off-market sale of a three-property Middlesex County, NJ multifamily portfolio. The firm brokered the 53-unit transaction on behalf of the unnamed seller and procured the buyer, Golden Sky Equities, a long time client. Joseph Brecher, executive managing director, and Joseph Gehler, vice president, spearheaded the … Continue reading “Gebroe-Hammer Associates arranges $9.72M Off-Market Multifamily Portfolio Sale in Central New Jersey”
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37 Lucille Place, Passaic, NJ -
Gebroe-Hammer Associates arranges Three Passaic County Sales totaling $9.8M and 53 Units
June 27, 2023Transactions Span Passaic and Paterson, NJPassaic County, NJ, – Gebroe-Hammer Associates has arranged three transactions across the cities of Passaic and Paterson involving a total of 53 units sold for $9.8M. Senior Vice President Debbie Pomerantz spearheaded the transactions in which she exclusively represented the separate sellers and procured the buyers. The properties involved two apartment buildings, one mixed-use asset … Continue reading “Gebroe-Hammer Associates arranges Three Passaic County Sales totaling $9.8M and 53 Units”
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Elizabeth Gardens, Elizabeth, NJ -
Gebroe-Hammer Associates Named as Exclusive Broker to Market Garden-Apartment Complex for Sale in Union County, NJ
June 1, 202390-unit multifamily asset offers upside and proximity to North Elizabeth Train StationElizabeth, N.J., – Gebroe-Hammer Associates has been retained as the exclusive broker to market Elizabeth Gardens, a 90-unit garden-style apartment community in the Downtown section of Elizabeth, N.J. Located at 648 Jefferson Ave., the well-maintained circa-1970s-era property is one block from North Elizabeth Station and within one of the state’s most important pivotal transit gateways. … Continue reading “Gebroe-Hammer Associates Named as Exclusive Broker to Market Garden-Apartment Complex for Sale in Union County, NJ”
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655 Pennsylvania Ave., Elizabeth, NJ -
Gebroe-Hammer Associates’ Tragash Arranges $2.9M Transaction marking Entry of NYC-Based Partnership into Union County, NJ
May 15, 2023Parcel to Remain As-Is with Future Development PotentialElizabeth, N.J., – In a transaction arranged by Gebroe-Hammer Associates, New York City-based developers GZL Real Estate and The Chars Group have acquired a one-acre parcel at 655 Pennsylvania Ave., in Elizabeth, N.J. Executive Vice President Stephen Tragash exclusively represented the seller and arranged the $2.9M sale on behalf of the collaborative partnership. Acquired as … Continue reading “Gebroe-Hammer Associates’ Tragash Arranges $2.9M Transaction marking Entry of NYC-Based Partnership into Union County, NJ”
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Q1 2023 Garden Apartment sold by Gebroe-Hammer Associates -
Gebroe-Hammer Associates Reports 17 Deals/ $182+M in Multifamily Sales for Q1 2023
April 27, 2023Quality, value-add and in-demand transit locations continue to sellNew Jersey / Philadelphia – Thanks to positive metrics that held up well through the interest-rate hikes of 2022 and early 2023, multifamily properties across the Lower Northeast are retaining their preferred commercial real estate investment status, according to the market specialists at Gebroe-Hammer Associates. In fact, during Q1 2023 the multifamily-focused investment real estate … Continue reading “Gebroe-Hammer Associates Reports 17 Deals/ $182+M in Multifamily Sales for Q1 2023”
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MAREJ Best of 2022 -
Gebroe-Hammer Associates Captures Five “Best of 2022” Awards for Dominance in Multifamily Brokerage Sales across Mid-Atlantic Region
March 30, 2023Categories include Top-10 Brokers, Largest Sale & Best Place to WorkLivingston, NJ / Philadelphia, PA – Once again proving its multifamily investment sales dominance across New Jersey and the Greater Philadelphia MSA, Gebroe-Hammer Associates has captured five Best of 2022 Awards from Mid Atlantic Real Estate Journal (MAREJ). The highly regarded regional publication, which focuses on all things real estate throughout New Jersey, Philadelphia and Pennsylvania, … Continue reading “Gebroe-Hammer Associates Captures Five “Best of 2022” Awards for Dominance in Multifamily Brokerage Sales across Mid-Atlantic Region”
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Eli Rosen, Senior Vice President -
Gebroe-Hammer Associates Names SVP Eli Rosen as Salesperson of the Year
March 13, 2023Greater Philadelphia MSA Market Specialist Closes 1,610 Units/$304+M in Sales for 2022Livingston, NJ / Philadelphia, PA – Gebroe-Hammer Associates, has announced Senior Vice President Eli Rosen has been named its Salesperson of the Year for 2022, the firm’s top honor awarded annually for exceptional, consistent sales performance. This is the third time the Ocean County, N.J. resident, a leading member of Gebroe-Hammer’s Philadelphia MSA Metro team, has … Continue reading “Gebroe-Hammer Associates Names SVP Eli Rosen as Salesperson of the Year”