Press Releases
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Stradford Arms Apartments, Northeast Philadelphia, PA -
Gebroe-Hammer’s Eli Rosen Marks $93.1M in Northeast Philadelphia Sales at Midyear with Trade of Stradford Arms in Holmesburg
July 6, 2022Submarket offers connectivity to immediate-neighborhood & Center City lifestyle amenitiesNortheast Philadelphia – In the multifamily-trading hotbed of Northeast Philadelphia, Gebroe-Hammer Associates has arranged the sale of Stradford Arms Apartments, a 44-unit garden-style apartment-home community in the historic Holmesburg section, for an undisclosed price. Senior Vice President Eli Rosen exclusively represented the seller, Stradford Arms Apartments, and procured the buyer, Stradford Arms Owner, LLC, in the … Continue reading “Gebroe-Hammer’s Eli Rosen Marks $93.1M in Northeast Philadelphia Sales at Midyear with Trade of Stradford Arms in Holmesburg”
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Beech Spring Village, Summit, NJ -
Gebroe-Hammer Associates Completes Second Deal in Classic Multifamily 1031 Exchange with $14.5M Sale of Beech Spring Village Apartments in Summit, NJ
June 15, 202253-Unit Garden-Community offers Central Location in Springfield Avenue SectionSummit, NJ – Gebroe-Hammer Associates has finalized the $14.5M sale of Beech Spring Village Apartments in Summit to mark completion of a classic multifamily 1031 Exchange involving two properties and its unnamed sellers/buyers. The exchange where both parties bought and sold one another’s properties was arranged on behalf of the long-time firm clients by Executive Vice … Continue reading “Gebroe-Hammer Associates Completes Second Deal in Classic Multifamily 1031 Exchange with $14.5M Sale of Beech Spring Village Apartments in Summit, NJ”
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557 E. 28th Street, Paterson, NJ -
Gebroe-Hammer Arranges Multifamily Sales totaling $12.36M / 83 Units Across City of Paterson, NJ
June 9, 2022Sales Punctuate Renewed Demand among Workforce Housing & Young Professional Tenant BasePaterson, N.J. – New Jersey’s City of Paterson continues to draw heightened multifamily investment with the recent trade of 83 units sold for a combined $12.36M by Gebroe-Hammer Associates in the Passaic County seat. Senior Vice President Debbie Pomerantz exclusively represented the seller and procured the buyers in each of the four separate transactions. The sold … Continue reading “Gebroe-Hammer Arranges Multifamily Sales totaling $12.36M / 83 Units Across City of Paterson, NJ”
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220 Roseville Avenue, Newark, NJ -
Gebroe-Hammer’s Jarvis Arranges Multi-Tranche $80+M Multifamily Portfolio Sale in Newark, NJ
May 16, 2022484 Units/20 Buildings Located throughout North Ward’s Roseville & Broadway NeighborhoodsNewark, N.J. – In Newark’s North Ward, Gebroe-Hammer Associates Executive Vice President David Jarvis has finalized a multi-tranche $80+M multifamily portfolio sale totaling 484 units across the Gateway City. A 26-year Newark/North Jersey market specialist, Jarvis exclusively represented the unnamed seller, a private investment group, and procured the buyer, a long-time private investment client, in the … Continue reading “Gebroe-Hammer’s Jarvis Arranges Multi-Tranche $80+M Multifamily Portfolio Sale in Newark, NJ”
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Northwood Estates, North Brunswick, NJ -
Gebroe-Hammer Associates’ $63.5M Sale of Northwoods Estates is First Stage of Classic Multifamily 1031 Exchange
May 9, 2022North Brunswick Garden Apartments feature 253 Spacious All-2BR/2Bath UnitsNorth Brunswick, N.J. – As part of the first stage of a classic multifamily 1031 Exchange, Gebroe-Hammer Associates has arranged the off-market $63.5M sale of Northwood Estates Apartments, a 253-unit garden-style community located at 500 Adams Lane in North Brunswick, NJ. The firm’s Executive Vice President David Jarvis orchestrated both sides of the property swap between … Continue reading “Gebroe-Hammer Associates’ $63.5M Sale of Northwoods Estates is First Stage of Classic Multifamily 1031 Exchange”
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Berkeley Ave. Apartments, Bloomfield, NJ -
Gebroe-Hammer Associates Orchestrates Sale of 39-Unit 204 Berkeley Apartments in Bloomfield, NJ
April 27, 2022Extremely Well-Located Multifamily Property Appeals to Surging Young, Educated Renter CohortBloomfield, N.J. – In the heart of one of Bloomfield’s highest-appreciating neighborhoods, Gebroe-Hammer Associates has arranged the trade of 39 multifamily units at 204 Berkeley Avenue for an undisclosed price. The firm’s brokerage team of David Jarvis, executive vice president, and Ken Uranowitz, president, exclusively represented the unnamed seller, who Gebroe-Hammer represented in late 2021 in … Continue reading “Gebroe-Hammer Associates Orchestrates Sale of 39-Unit 204 Berkeley Apartments in Bloomfield, NJ”
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Hawthorne Towers, Montclair, NJ -
Gebroe-Hammer Associates Orchestrates $38M Sale of Hawthorne Towers in Montclair, NJ
April 1, 2022Property trades following 52 Years of ownershipMontclair, N.J. – In the geographically desirable commuter-dominated township of Montclair, which has seven separate train stations and is 17 miles northwest of Midtown Manhattan, Gebroe-Hammer Associates has arranged the $38M sale of 133 apartment homes known as Hawthorne Towers. The firm’s Executive Managing Director Joseph Brecher and President Ken Uranowitz exclusively represented the seller, … Continue reading “Gebroe-Hammer Associates Orchestrates $38M Sale of Hawthorne Towers in Montclair, NJ”
Gebroe-Hammer Associates Kicks off New Year with $214M in January Multifamily Sales involving 1,186 Units
Livingston, N.J., – Gebroe-Hammer Associates has harnessed the transaction momentum of year-end 2021 by recording $214M in multifamily investment sales totaling 1,186 units during January. In the first weeks of 2022, the Livingston, N.J.-based multifamily-focused investment brokerage firm has orchestrated 17 transactions across Northern and Central New Jersey as well as Philadelphia and its surrounding … Continue reading “Gebroe-Hammer Associates Kicks off New Year with $214M in January Multifamily Sales involving 1,186 Units”
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Broadway Towers, Paterson, NJ -
Gebroe-Hammer’s Debbie Pomerantz Orchestrates $22.75M Sale of 114-Unit Paterson, NJ Hi-Rise
January 24, 2022Broadway Towers Offers Central Location, Transit & Highway ConnectivityPaterson, N.J. – In Paterson, which continues to evolve from its industrial roots into a dynamic urban-core municipality, Gebroe-Hammer Associates Senior Vice President Debbie Pomerantz has arranged the $22.75M sale of a 114-unit multifamily hi-rise in the Eastside Park Historic District. The Northeast New Jersey market specialist exclusively represented the seller, 599 Broadway Management LLC, … Continue reading “Gebroe-Hammer’s Debbie Pomerantz Orchestrates $22.75M Sale of 114-Unit Paterson, NJ Hi-Rise”
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Imperial House, Elizabeth, NJ -
Gebroe-Hammer Associates Announces $2.02B in 2021 Multifamily Sales
January 19, 2022Firm’s Market Specialists Orchestrate Transactions involving 12,804 UnitsLivingston, N.J. – Gebroe-Hammer Associates has announced full-year 2021 sales results of $2.02 Billion. In total, the firm recorded 12,804 units sold in 124 transactions to eclipse its former all-time-high sales benchmark of $1.9B from 2019. In December alone, Gebroe-Hammer recorded 22 deals encompassing 3,462 units sold for $574M. Included in the total unit count … Continue reading “Gebroe-Hammer Associates Announces $2.02B in 2021 Multifamily Sales”