Press Releases
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Mapleview Apartments, Merchantville, NJ -
Mapleview Apartments in South Jersey Sells for $9.75M in Transaction Arranged by Gebroe-Hammer Associates
March 28, 2019Quaint Borough of Merchantville Boasts Above-Average Tenant DemandMerchantville, N.J., March 28, 2019 – Gebroe-Hammer Associates has arranged the $9.75 million sale of Mapleview Apartments, a 110-unit South Jersey apartment community located at 56 West Maple Ave., in Merchantville. The firm’s brokerage team, which included Sales Associate Eli Herskowitz, exclusively represented the seller, Emanuel at Maple LLC, and procured the buyer, a private … Continue reading “Mapleview Apartments in South Jersey Sells for $9.75M in Transaction Arranged by Gebroe-Hammer Associates”
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Landmark West Apartments, Newton, NJ -
Northwest New Jersey Garden-Apartment Complex Nets $17.9M in Sale Arranged by Gebroe-Hammer Associates
March 6, 2019Newton emerges as Suburban Bedroom Community for Out-CommutersSussex County, N.J., March 6, 2019 – In New Jersey’s northwestern corner where apartment-rental living edges out homeownership among the population base, Gebroe-Hammer Associates has arranged the $17.9 million sale of 168 units at Landmark West Apartments. The brokerage team, which was spearheaded by Stephen Tragash, executive vice president, exclusively represented the seller, Newton West … Continue reading “Northwest New Jersey Garden-Apartment Complex Nets $17.9M in Sale Arranged by Gebroe-Hammer Associates”
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1101-1109 Palisades Ave., Union City, NJ -
Latest Gebroe-Hammer North Jersey Portfolio Sale: $75 Million/487 Units
February 14, 2019Properties Span Union City, Bergenfield and LodiHudson & Bergen County, N.J., February 14, 2019 – In the latest Gebroe-Hammer Associates-arranged North Jersey Metro multi-family portfolio sale, the firm’s brokerage team orchestrated a $75 million trade of 487 units spanning Hudson and Bergen counties. The 18 buildings were located throughout Union City as well as Bergenfield and Lodi, all of which are … Continue reading “Latest Gebroe-Hammer North Jersey Portfolio Sale: $75 Million/487 Units”
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111 Lincoln Ave., Newark, NJ -
Gebroe-Hammer Arranges Northern NJ Urban-Core Apartment Sales Topping 349 Units in December
January 29, 2019Newark and Elizabeth Properties sell for +$32MLivingston, N.J., January 29, 2019 – Multi-family investment sales in Northern New Jersey’s urban-core centers reached a 349-unit high in December in a flurry of transactions arranged by the brokerage professionals at Gebroe-Hammer Associates. The investment sales spanned Newark and Elizabeth, both of which have exhibited enduring demand and are attracting renewed interest associated with … Continue reading “Gebroe-Hammer Arranges Northern NJ Urban-Core Apartment Sales Topping 349 Units in December”
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Ken Uranowitz, President -
Gebroe-Hammer Associates’ $1.1B/8,200 Units in 2018 Multi-Family Investment Sales are Springboard for 2019
January 22, 2019North/Central Jersey and Philadelphia/South Jersey among High-Performing Metros NationwideLivingston, N.J., January 22, 2019 – With continued headwinds in the single-family homes market and an uncertain economic and political environment keeping renters at bay, robust demand for apartment investment assets in 2018 have paved the path for 2019, according to Gebroe-Hammer Associates. The New Jersey-based firm, which is the top multi-family brokerage firm throughout … Continue reading “Gebroe-Hammer Associates’ $1.1B/8,200 Units in 2018 Multi-Family Investment Sales are Springboard for 2019”
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Steve Tragash -
Gebroe-Hammer Associates Announces Executive Promotion
January 14, 2019New Executive Vice President NamedLivingston, N.J., January 14, 2019 – Gebroe-Hammer Associates, the nationally ranked multi-family investment sales brokerage firm, has promoted three of its top-producing brokers to new executive management positions, announced Ken Uranowitz, president. Among those recognized was Stephen Tragash of South Orange who was named executive vice president. “Once again, 2018 was a banner year for … Continue reading “Gebroe-Hammer Associates Announces Executive Promotion”
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Corinthian Apartments, Philadelphia, PA -
Gebroe-Hammer’s Philadelphia Multi-Family Brokerage Team Arranges Sale Garnering a $206,818 Per-Unit Price
December 27, 2018Five-Story Francisville Property Features Connectivity and Historic CharacterPhiladelphia, Pa., December 27, 2018 – With the 2018 multi-family investment year drawing to a close, Gebroe-Hammer Associates has arranged the sale of 22 units at 909 Corinthian Ave., in the Francisville neighborhood of Philadelphia. Sales Associate Joseph Gehler along with Senior Vice President Eli Rosen exclusively represented the seller and procured the buyer in … Continue reading “Gebroe-Hammer’s Philadelphia Multi-Family Brokerage Team Arranges Sale Garnering a $206,818 Per-Unit Price”
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Netherwood Pointe, Plainfield, NJ -
Gebroe-Hammer Associates Arranges $17.3M in Multi-Family Sales in the City of Plainfield, NJ
November 29, 2018Properties Run the Full Gamut of Value-Add to New ConstructionPlainfield, N.J., November 29, 2018 – In the high-population-density City of Plainfield, where apartment renters outpace homeowners and multi-family investment interest is soaring, Gebroe-Hammer Associates has arranged three separate transactions totaling 144 units sold for a combined $17.3 million. In each of the sales, the firm exclusively represented the sellers and procured the buyers, including … Continue reading “Gebroe-Hammer Associates Arranges $17.3M in Multi-Family Sales in the City of Plainfield, NJ”
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Gebroe-Hammer Associates: Owners are Seizing the State of Multi-Family’s Bull Market to Sell Apartment Assets
November 19, 2018Stabilizing Market Conditions and Future Interest-Rate Hikes Motivate Some Long-Term OwnersUnion County, N.J., November 19, 2018 – At a time when Union County, N.J., multi-family property owners are commanding higher concession-free rents than in the past, a flurry of long-term owners are “seizing the state of the bull market” to shed their assets, according to Gebroe-Hammer Associates’ Ken Uranowitz, president. This trend spans the entire … Continue reading “Gebroe-Hammer Associates: Owners are Seizing the State of Multi-Family’s Bull Market to Sell Apartment Assets”
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Debbie Pomerantz, Senior Vice President -
Bergen-Passaic/North Jersey Market Specialist Anticipates Flurry of Multi-Family Investment Activity before Year-End
October 30, 2018Demand is Persistent for Class B & C ProductLivingston, N.J., October 30, 2018 – At a time when multi-family rent gains continue their advance in North Jersey, investment demand is persistent in virtually every county metro-wide as year-end 2018 draws closer, according to Gebroe-Hammer Associates Senior Vice President Debbie Pomerantz. The North Jersey market specialist, whose submarket focus is Passaic County and Bergen … Continue reading “Bergen-Passaic/North Jersey Market Specialist Anticipates Flurry of Multi-Family Investment Activity before Year-End”