284 Prospect St., East Orange, NJ

Gebroe-Hammer’s David Oropeza Arranges $11.75M Trade of Two-Property/88-Unit East Orange Multifamily Portfolio

October 5, 2021
Properties Offer New Ownership Repositioning Potential

East Orange, N.J., – In East Orange – one of the most-active urban corridors in terms of revitalization initiatives and multifamily investment – Gebroe-Hammer Associates’ Executive Managing Director David Oropeza along with Senior Vice President Debbie Pomerantz recently arranged the $11.75M sale of a City Center apartment-property package totaling 88 units. The assets included 255 Prospect … Continue reading “Gebroe-Hammer’s David Oropeza Arranges $11.75M Trade of Two-Property/88-Unit East Orange Multifamily Portfolio”

480 Flatz, East Rutherford, NJ

Newly Constructed 480 Flatz Apartments in Bergen County, NJ Sells for $11.6M in Transaction Orchestrated by Gebroe-Hammer Associates

September 28, 2021
35-Unit Signature Class A Property 100% Fully Leased in 90 Days

East Rutherford, N.J. – Gebroe-Hammer Associates has arranged the $11.6M sale of a 35-unit, signature Class A apartment-home property located at 480 Paterson Ave., in East Rutherford, N.J. Built in 2021 and fully leased within 90 days, 480 Flatz is located at the Paterson Avenue/Hoboken Avenue Business District crossroads in the municipality’s popular Borough Center neighborhood. … Continue reading “Newly Constructed 480 Flatz Apartments in Bergen County, NJ Sells for $11.6M in Transaction Orchestrated by Gebroe-Hammer Associates”

150 & 154 Belmont Ave., Jersey City NJ

Gebroe-Hammer Associates’ Niko Nicolaou Arranges $21.45M Jersey City Multifamily Portfolio Sale

September 9, 2021
Extremely Well-Located Apartment Buildings Span West Side, McGinley Square and Bergen-Lafayette Sections

Jersey City, N.J., September 9, 2021 – In New Jersey’s second largest municipality of Jersey City, Gebroe-Hammer Associates’ Executive Vice President Niko Nicolaou has arranged the $21.45M sale of a 134-unit multifamily portfolio spanning three of the city’s 13 constituent neighborhoods. In the transaction, Nicolaou exclusively represented the seller, Coltown Properties, and procured the buyer, … Continue reading “Gebroe-Hammer Associates’ Niko Nicolaou Arranges $21.45M Jersey City Multifamily Portfolio Sale”

The Residences at North Village in Sparta, sold for $14.65M during Q2, is one of 54 deals arranged by Gebroe-Hammer Associates in 2021 thus far.

Gebroe-Hammer Associates Marks Midyear with $917+M in Multifamily Sales

July 28, 2021
54 Deals involve 6,052 Units across New Jersey/Greater Philadelphia Region

Livingston, N.J., July 28, 2021 – Multifamily revenue-stream clarity and reinforced pricing have fed a reported $917+M in apartment-property transactions for Gebroe-Hammer Associates as of midyear – doubling sales over the same period last year. In total, the nationally ranked multifamily-focused investment brokerage firm has arranged 54 deals involving 6,052 units during the first two … Continue reading “Gebroe-Hammer Associates Marks Midyear with $917+M in Multifamily Sales”

South Harrison-Clinton Portfolio, East Orange, NJ

Gebroe-Hammer Associates Markets 129-Unit/3 Property East Orange Multifamily Portfolio

June 23, 2021
Buildings Span Brick Church Transit-Village Neighborhood

East Orange, N.J. – Gebroe-Hammer Associates has been appointed as the exclusive broker to market the South Harrison-Clinton Portfolio, a 129-unit, three-building collection of apartment properties within the heart of East Orange, N.J. Executive Managing Director David Oropeza, a 35-year East Orange market specialist, is spearheading the assignment on behalf of Rockledge. Comprised of extremely well-maintained, … Continue reading “Gebroe-Hammer Associates Markets 129-Unit/3 Property East Orange Multifamily Portfolio”

17 Webster Pl., East Orange, NJ

Gebroe-Hammer’s David Oropeza arranges $14.95M East Orange Portfolio Sale

June 9, 2021
35-year industry leader spearheads $111+M in East Essex Corridor trades since start of 2021

East Orange, N.J. – In East Orange, where transportation and connectivity are at the crux of the city’s urban revival, a 113-unit, three-property multifamily portfolio has traded for $14.95M in a sale orchestrated by Gebroe-Hammer Associates. Executive Managing Director David Oropeza exclusively represented the seller, Nova EO Portfolio I LLC and The Capital Foresight LP, … Continue reading “Gebroe-Hammer’s David Oropeza arranges $14.95M East Orange Portfolio Sale”

Northern New Jersey Garden-Apartment Complex recently sold by Gebroe-Hammer Associates

Gebroe-Hammer Associates Finalizes $269+M in NJ Multifamily Investment Sales over Two Months

May 24, 2021
21 Deals/1,598 Units Span Northern, Central and Southern New Jersey Metros

Livingston, N.J. – Overall multifamily-investment trading velocity is surging throughout the entire state of New Jersey, where Gebroe-Hammer Associates has finalized 21 deals involving 1,598 units during the latest two-month time period. In total, the $269+M in sales spanned 11 New Jersey counties, from Sussex to Burlington counties. “This phenomenon is powered by restored confidence among … Continue reading “Gebroe-Hammer Associates Finalizes $269+M in NJ Multifamily Investment Sales over Two Months”

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”