Press Releases – Page 17 – Gebroe-Hammer Associates

: Gebroe-Hammer Associates Arranges $10.25 Million In Bergen County Apartment Sales

June 5, 2013
Property Trio Totals 78 Units in Hackensack and Palisades Park
HACKENSACK, N.J., June 5, 2013 – Gebroe-Hammer Associates has arranged two separate multi-family investment transactions involving three apartment complexes in New Jersey’s highly desirable County of Bergen, announced Ken Uranowitz, president of the Livingston, N.J.-based firm. The Hackensack and Palisades Park, N.J., properties sold for a combined $10.25 million. The brokerage team of Greg Pine, senior vice … Continue reading “Gebroe-Hammer Associates Arranges $10.25 Million In Bergen County Apartment Sales”

: Gebroe-Hammer Associates Arranges $1.625 Million Multi-family Sale In Passaic

May 7, 2013
12-Unit Apartment Complex Trades for more than $135,000 Per Unit
PASSAIC, N.J., May 7, 2013 – The Passaic County, N.J., multi-family market is emerging as a nucleus of investment interest as indicated by the $1.625 million sale of a 12-unit apartment complex orchestrated by Gebroe-Hammer Associates in the City of Passaic. Debbie Pomerantz, assistant vice president, represented the seller, Passaic Park Properties, and identified the … Continue reading “Gebroe-Hammer Associates Arranges $1.625 Million Multi-family Sale In Passaic”

Gebroe-Hammer Associates Completes 1031 Exchange Involving Properties In Bloomfield And Montclair

May 3, 2013

Firm Records a Total of Three Trades in Popular Essex County Commuter Hubs

BLOOMFIELD, N.J., May 3, 2013 – Gebroe-Hammer Associates, the Livingston-based investment brokerage firm specializing in multi-family transactions, engineered a 1031 Exchange involving the sale of a 39-unitBloomfield property and the acquisition of aMontclair property package. The package encompassed 29 apartment-rental units and an adjacent single-family home containing a 19-space parking lot. Gebroe-Hammer’s Ken Uranowitz, president, … Continue reading “Gebroe-Hammer Associates Completes 1031 Exchange Involving Properties In Bloomfield And Montclair”

: Gebroe-Hammer Associates Arranges $2.215 Million Sale Of Winding Woods In Edison, N.j.

April 19, 2013
21 Units Strategically Located in One of Region’s Most Desirable Municipalities
LIVINGSTON, N.J.– April 19, 2013 – Multi-family investors have a penchant for Central New Jersey’s commuter-friendly locales, as evidenced by the recent $2.215 million sale of 21 units at Winding Woods in Edison. Gebroe-Hammer Associates’ Joseph Brecher, managing director, exclusively represented the seller, Winding Woods 1880 LLC, and identified the buyer. “Situated just off Route … Continue reading “Gebroe-Hammer Associates Arranges $2.215 Million Sale Of Winding Woods In Edison, N.j.”

: Gebroe-Hammer Associates Arranges $21+ Million In Essex And Hudson County Multi-family And Commercial Sales

March 21, 2013
Transactions Involve More than 192 Units
LIVINGSTON, N.J. – Mar. 13, 2013 – Low multi-family vacancy rates, strong rent rolls and a high concentration of properties in Essex and Hudson counties continue to feed investors who are hungry for these types of investments, according to the market specialists at Gebroe-Hammer Associates. The Livingston-based firm recently brokered six separate transactions totaling more … Continue reading “Gebroe-Hammer Associates Arranges $21+ Million In Essex And Hudson County Multi-family And Commercial Sales”

: Gebroe-Hammer Associates Arranges One Of Nj’s Highest Price-per-unit Trades With $32 Million Sale Of The Avenue At South Orange

February 26, 2013
79-Unit Luxury Building is Transit Village Cornerstone
SOUTH ORANGE, N.J. – Feb. 26, 2013 – In one of New Jersey’s most recent highest price-per-unit multi-family trades, Gebroe-Hammer Associates has arranged the $32 million sale of The Avenue at South Orange, a 79-unit luxury loft-style apartment community with 4,000 square feet of ground-floor retail space. The brokerage team of Ken Uranowitz, president; Joseph … Continue reading “Gebroe-Hammer Associates Arranges One Of Nj’s Highest Price-per-unit Trades With $32 Million Sale Of The Avenue At South Orange”

: Gebroe-Hammer Associates Promotes Four Sales Associates To Vice President Positions

January 28, 2013
Appointments Recognize Outstanding Performance
LIVINGSTON, N.J. – Jan. 28, 2013 – Gebroe-Hammer Associates, a Livingston-based multi-family investment brokerage firm, has named four sales associates to executive management positions, announced President Ken Uranowitz. Steven Follman, Stephen Tragash and Nicholas Nicolaou have been appointed vice president while Debbie Pomerantz has been promoted to assistant vice president. “This group of real estate … Continue reading “Gebroe-Hammer Associates Promotes Four Sales Associates To Vice President Positions”

: Gebroe-Hammer Associates Names Nicholas Nicolaou ‘salesperson Of The Year

January 21, 2013
Hudson County Market Specialist Records $38+ Million in Sales in Last 12 Months
LIVINGSTON, N.J., Jan. 21, 2013 – Hard work, exceptional sales performance and unwavering dedication to client satisfaction have earned Nicholas Nicolaou the coveted Gebroe-Hammer Associates Salesperson of the Year award, the firm’s top honor. Nicolaou, who joined the Livingston, N.J.-based investment brokerage firm three years ago, also was promoted from sales associate to vice president, … Continue reading “Gebroe-Hammer Associates Names Nicholas Nicolaou ‘salesperson Of The Year”

: Gebroe-Hammer Associates Orchestrates Nine Essex County Trades Involving 436 Units

January 14, 2013
Retail/Office, Multi-family Sales Total $24.17 Million in Four Cities
LIVINGSTON, N.J. – January 14, 2013 – Driven by low vacancy rates and solid demographics, Essex County remains a major submarket within the tri-state area for multi-family trading activity, according to Gebroe-Hammer Associates Managing Director David Oropeza. The Livingston-based investment brokerage firm is continuing its record-setting sales pace in this market, completing eight multi-family transactions and one … Continue reading “Gebroe-Hammer Associates Orchestrates Nine Essex County Trades Involving 436 Units”

: Gebroe-Hammer Associates Completes $8.675 Million In Latest Asbury Park Multi-family Trades

January 10, 2013
98-Unit Midrise and 23-Unit Garden Apartment Complexes Are Near Downtown
LIVINGSTON, N.J. – January 10, 2013 – Asbury Park is continuing its residential, economic and cultural rebound, resulting in heightened multi-family investment interest citywide, according to Steven Follman, vice president of Gebroe-Hammer Associates. The Ocean/Monmouth County area market specialist recently recorded the city’s latest apartment-building trades involving the $6.9 million sale of Kingsley Arms and … Continue reading “Gebroe-Hammer Associates Completes $8.675 Million In Latest Asbury Park Multi-family Trades”