Press Releases
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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, 202121 Deals/1,598 Units Span Northern, Central and Southern New Jersey MetrosLivingston, 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”
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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, 2021Newly Constructed Multifamily Property rounds out Mixed-Use Town CenterSparta, 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”
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280-320 E. Main St., Rockaway, NJ -
Gebroe-Hammer Associates Reports $490M in Multifamily Sales for Q1 2021
April 13, 202129 Transactions involve 4,041 Units in NortheastLivingston, 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”
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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, 2021Historic 99-Unit Midrise is across from Journal Square PATH PlazaJersey 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. The firm exclusively represented the seller, Excelsior Equities and its principals Andrew Miller and Jacob Schulder, and also procured the buyer, … Continue reading “$25M Sale of 125 Magnolia Sets New Multifamily Sales Benchmark for Emerging Jersey City Neighborhood”
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Dover Hills, Dover, NJ -
Dover Hills Apartments in Morris County, NJ Sells for $15.7M in Transaction arranged by Gebroe-Hammer Associates
March 1, 2021100-Unit Garden Community features Spacious Units in Downtown LocationDover, N.J. – North Jersey’s high-barrier-to-entry locations continue to drive the metro’s magnetic multifamily sales as reflected in the recent $15.7M trade of Dover Hills Apartments, according to the brokerage professionals at Gebroe-Hammer Associates. The firm’s Steve Tragash, executive vice president, procured the unnamed private buyer and Debbie Pomerantz, senior vice president, secured the exclusive listing … Continue reading “Dover Hills Apartments in Morris County, NJ Sells for $15.7M in Transaction arranged by Gebroe-Hammer Associates”
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Imperial House, Elizabeth, NJ -
Elizabeth’s Imperial House Apartments Sells for $21.3M in Trade Orchestrated by Gebroe-Hammer Associates
February 17, 2021109-Unit High-Rise is a Fixture along Highly Trafficked North Broad Street Commercial CorridorElizabeth, N.J., – In the City of Elizabeth, New Jersey’s fourth most-populous city, Gebroe-Hammer Associates has orchestrated the $21.3M sale of Imperial House Apartments, a 109-unit, 13-story high-rise at 750 N. Broad St. Executive Vice Presidents Stephen Tragash and David Jarvis exclusively represented the seller, Landmark Companies based in Keasbey, N.J., and procured the buyer, a … Continue reading “Elizabeth’s Imperial House Apartments Sells for $21.3M in Trade Orchestrated by Gebroe-Hammer Associates”
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(L-R) David Oropeza, David Jarvis, Adam Zweibel -
Gebroe-Hammer Associates Sets Bar High for 2021 with $72M Trade of East Essex Region Portfolio
February 3, 2021641 Units Span Newark and Irvington, N.J.Newark/Irvington, N.J. – Gebroe-Hammer Associates has set the bar high for 2021 with the $72M trade of a 641-unit portfolio spanning Newark and Irvington, both in East Essex County – the state’s most densely populated urban hub. Executive Managing Director David Oropeza and Executive Vice President David Jarvis exclusively represented the seller, OneWall Partners, and procured … Continue reading “Gebroe-Hammer Associates Sets Bar High for 2021 with $72M Trade of East Essex Region Portfolio”
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Ken Uranowitz, President -
Gebroe-Hammer Associates Reports $1.32 Billion in 2020 Sales
January 14, 20217,080 Units Trade in 78 Deals across NJ, South Jersey Metro Area and Southern New York StateLivingston, N.J. – In a year of shifting health, safety and economic tectonics, Gebroe-Hammer Associates’ preparedness and skilled ability to respond to fluid multifamily-investment client needs resulted in overall 2020 sales of $1.32B. In total, the New Jersey-based investment brokerage firm arranged 78 deals involving 7,080 units across New Jersey, including the South Jersey Metro, and … Continue reading “Gebroe-Hammer Associates Reports $1.32 Billion in 2020 Sales”
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130-132 N. 3rd St., Paterson, NJ -
Gebroe-Hammer Associates Arranges $17M Sale of 9-Building, 133-Unit Apartment Portfolio across Paterson and Passaic, NJ
January 5, 2021Properties Primed for Value-Add Repositioning Associated with Area’s RenaissancePaterson/Passaic, N.J., January 5, 2021 – Gebroe-Hammer Associates has announced the $17M sale of a nine-property, 133-unit collection of early-20th-Century apartment buildings strategically situated in North Jersey’s Passaic County. The transaction was arranged by Senior Vice President Debbie Pomerantz, who exclusively represented the seller, Golden Equities LLC, and procured the buyer, an unnamed private investor. … Continue reading “Gebroe-Hammer Associates Arranges $17M Sale of 9-Building, 133-Unit Apartment Portfolio across Paterson and Passaic, NJ”
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Ken Uranowitz, President -
Gebroe-Hammer Records $164M in September/October Sales
November 24, 2020Projected Transaction Closings Expected to Mirror Year-End Surges of Past YearsLivingston, N.J., November 24, 2020 – Multifamily continues to fare much better than its office and retail counterparts in the current protracted COVID environment, with investment sales remaining steady according to the investment brokerage professionals at Gebroe-Hammer Associates. During September and October, the Livingston, N.J.-based firm has recorded $164M in transactions involving over 1,030 units … Continue reading “Gebroe-Hammer Records $164M in September/October Sales”