Press Releases
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Gebroe-Hammer Associates Arranges $70 Million Sale of 228-Unit Summit Hill Apartments
March 28, 2017Firm Exclusively Represents Seller in Eighth Deal since December, 2015SPRINGFIELD, NJ, March 27, 2017 – Gebroe-Hammer Associates has arranged the $70 million sale of the 228-unit garden-style Summit Hill Apartments, located at 100 Stone Hill Rd., in Springfield, N.J. Executive Vice President Greg Pine along with Vice President Gehane Triarsi exclusively represented the seller and Managing Director Joseph Brecher procured the buyer, The Kushner … Continue reading “Gebroe-Hammer Associates Arranges $70 Million Sale of 228-Unit Summit Hill Apartments”
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Gebroe-Hammer Associates’ David Oropeza Closes Two Separate East Orange Multi-Family Portfolio Sales totaling 308 Units/$29.82 Million
March 27, 2017Latest Transactions Punctuate Sales of 170 Units for $12.82M Earlier this MonthEast Orange/Orange, March 27, 2017 – Just weeks after closing four multi-family in East Orange and Orange, N.J., Gebroe-Hammer Associates’ Managing Director David Oropeza has spearheaded two separate portfolio sales spanning both East Essex County cities totaling $29.29 million and 308 units. These latest trades follow sales involving 170 apartment-rental units that sold for a … Continue reading “Gebroe-Hammer Associates’ David Oropeza Closes Two Separate East Orange Multi-Family Portfolio Sales totaling 308 Units/$29.82 Million”
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Carriage Club Apartments in Mount Arlington, NJ Sells for $23.45 Million
March 13, 201755-and-Over Class A Community Garners $231,000 Per UnitMt. Arlington, N.J., March 13, 2017 – Within this picturesque, highway/transit-accessible municipality in western Morris County, Gebroe-Hammer Associates has arranged the $23.45 million sale of 106 multi-family units at The Carriage Club, located at 1 Hillside Dr. The brokerage team included Senior Vice President Stephen Tragash, who secured the exclusive from the seller, Carriage Club … Continue reading “Carriage Club Apartments in Mount Arlington, NJ Sells for $23.45 Million”
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Gebroe-Hammer Associates Boosts Standing as Region’s Top Multi-Family Investment Firm
March 2, 2017Sale of Union County, NJ Garden Complex Brings YTD Total to 1,700+ UnitsLivingston, NJ, March 2, 2017 – Gebroe-Hammer Associates has boosted its standing as the region’s top multi-family investment firm by kicking off the first two months of 2017 with more than 1,700 units sold, signaling multi-family’s enduring reign as the commercial real estate investment asset of choice. In total, the Livingston-based firm’s market specialists arranged … Continue reading “Gebroe-Hammer Associates Boosts Standing as Region’s Top Multi-Family Investment Firm”
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Gebroe-Hammer Associates Reports Philadelphia’s Multi-Family Housing Stock Enhances Image as City of Tomorrow Today
February 27, 2017Philadelphia, PA, February 27, 2017 – Multi-family continues to be the optimum commercial real estate investment throughout northeast Pennsylvania’s densely populated, transit-rich submarkets, according to the brokerage professionals at Gebroe-Hammer Associates. The Livingston, N.J.-based company, which led the tri-state area in 2016 with more than 132 deals involving 12,117 total units sold for $1.83+ billion, … Continue reading “Gebroe-Hammer Associates Reports Philadelphia’s Multi-Family Housing Stock Enhances Image as City of Tomorrow Today”
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Gebroe-Hammer Associates Announces Executive Promotions
February 15, 2017LIVINGSTON, N.J., February 15, 2017 – Gebroe-Hammer Associates, the leading multi-family investment sales brokerage firm in the Garden State and the entire New Jersey/Pennsylvania/New York region, has promoted three of its top-producing brokers and one administrative professional to new executive management positions, announced Ken Uranowitz, president. Among those promoted are Debbie Pomerantz of Passaic (senior … Continue reading “Gebroe-Hammer Associates Announces Executive Promotions”
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Gebroe-Hammer Associates Names Gehane Triarsi Salesperson of the Year Union County, NJ Resident/Market Specialist also promoted to Vice President
February 7, 2017LIVINGSTON, NJ, February 7, 2017 – Since kindness is the highest form of intelligence, Gebroe-Hammer Associates’ Gehane Triarsi embodies what it takes to succeed in today’s multi-family brokerage profession. Widely acknowledged for her benevolence and brains, the Union County resident and market specialist has added two new milestones to her achievements – being named the … Continue reading “Gebroe-Hammer Associates Names Gehane Triarsi Salesperson of the Year Union County, NJ Resident/Market Specialist also promoted to Vice President”
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Gebroe-Hammer Associates Brokers $100 Million Sale of 642-Unit Bergen County Garden-Apartment Complex
January 23, 2017Neighborhood on Lodi/Wood-Ridge Border is Undergoing RenaissanceLodi, N.J., January 23, 2017 – Gebroe-Hammer Associates has brokered the $100 million sale of Cedar Wright Gardens, a 642-unit apartment complex in the high-barrier-to-entry submarket of Bergen County. Located at 77 Mary St. in the municipality of Lodi, the quaint 31-acre community features a mix of one-bedroom units and a high concentration of two-bedroom … Continue reading “Gebroe-Hammer Associates Brokers $100 Million Sale of 642-Unit Bergen County Garden-Apartment Complex”
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$19.2 Million Sale of Waterside Villas in Monroe Township, NJ arranged by Gebroe-Hammer Associates
January 12, 2017Senior living apartments garner $192,000 per-unit priceMonroe Township, NJ, January 12, 2017 – Gebroe-Hammer Associates has announced the $19.2 million sale of Waterside Villas, a 100-unit luxury senior rental community located at 1 Overlook Dr., in historic Monroe Township, N.J. Vice President Adam Zweibel, the firm’s Central Jersey market specialist, represented the seller, Waterside Villas, LLC, and procured the buyer, a … Continue reading “$19.2 Million Sale of Waterside Villas in Monroe Township, NJ arranged by Gebroe-Hammer Associates”
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Greater Philadelphia’s Healthy Population Growth and Citywide Employment Gains feed $60 Million in Multi-Family Sales for Gebroe-Hammer Associates in 2016
January 4, 2017Gentrification and Development Projected to Fuel Greater Demand in 2017Philadelphia, PA, January 4, 2017 – Demand for Greater Philadelphia apartment rentals and investments are on the rise in the wake of healthy population growth citywide and regional employment gains, according to Gebroe-Hammer Associates’ Senior Vice President Eli Rosen. The Philadelphia area market specialist closed more than $60 million in multi-family sales involving 780+ units … Continue reading “Greater Philadelphia’s Healthy Population Growth and Citywide Employment Gains feed $60 Million in Multi-Family Sales for Gebroe-Hammer Associates in 2016”