Grand Lee Apartments, Leonia, NJ

$19.8M Sale of Leonia, NJ Garden-Apartment Complex arranged by Gebroe-Hammer Associates

February 15, 2023
80-Unit Community is Centrally Located in the Highly Desirable / Affluent Bergen County Submarket

Bergen County, NJ – Within the North Jersey Metro’s second-largest multifamily submarket of Bergen County, Gebroe-Hammer Associates has arranged the $19.8M sale of Grand Lee Apartments, an 80-unit garden-style property in the borough of Leonia. Vice President Joseph Gehler, along with Sales Representative David Betesh, exclusively represented the long-time owner/seller, Fairlawn CO, and procured the … Continue reading “$19.8M Sale of Leonia, NJ Garden-Apartment Complex arranged by Gebroe-Hammer Associates”

1139 East Jersey St., Elizabeth, NJ

Gebroe-Hammer Associates arranges Sale of Mixed-Use Building in Downtown Elizabeth

February 6, 2023
Unique-to-Market Micro-Office Building has recorded 100% Occupancies for Decades

Elizabeth, N.J. – In the City of Elizabeth’s Main Business District and most-historic section, Gebroe-Hammer Associates’ Executive Vice President Stephen Tragash has arranged the sale of 1139 East Jersey St., a six-story, 45,000-SF mixed-use building, for an undisclosed price. The firm’s Union County market specialist for the past 17 years exclusively represented the seller and … Continue reading “Gebroe-Hammer Associates arranges Sale of Mixed-Use Building in Downtown Elizabeth”

(L) 17 Summit St. & (R) 60 N. Arlington Avenue Apartments, East Orange, NJ

$11.9M Sale of 2 Historic Multifamily Properties in Prime East Orange Location arranged by Gebroe-Hammer Associates

January 26, 2023
Transaction Kicks Off 2023 Sales for Firm

East Orange, N.J.,  – Gebroe-Hammer Associates’ Executive Managing Director and East Orange market specialist David Oropeza has brokered the $11.9M sale of 17 Summit Street and 60 North Arlington Avenue Apartments, two historic East Orange residential properties totaling a combined 94 units. In the transaction, Oropeza represented the seller, 17 Summit Avenue LLC and 60 … Continue reading “$11.9M Sale of 2 Historic Multifamily Properties in Prime East Orange Location arranged by Gebroe-Hammer Associates”

Gebroe-Hammer punctuated the end of the year with a New Jersey 150+ garden-apartment trade.

Gebroe-Hammer Associates Reports $1.47+B in Multifamily Sales for 2022 and Optimism for Healthy Apartment Investing Growth in 2023

January 18, 2023
Majority of Sales Fall into Workforce-Housing Value-Add Category due to Supply Chain and Permitting Issues in New Construction

Livingston, N.J.,  – With many schools of thought on the current and future state of the economy swirling, one thing remains clear for 2023: multifamily assets have been and will continue to demonstrate stability during this period of normalization, according to the multifamily-focused investment brokerage firm Gebroe-Hammer Associates. The firm, which recorded calendar 2022 multifamily-focused … Continue reading “Gebroe-Hammer Associates Reports $1.47+B in Multifamily Sales for 2022 and Optimism for Healthy Apartment Investing Growth in 2023”

2022 Power 50 in Real Estate Honoree Ken Uranowitz, President of Gebroe-Hammer Associates

Gebroe-Hammer Associates President Ken Uranowitz Named among NJBIZ Power 50 in Real Estate

November 30, 2022
Industry Standout Marks 47th Year at Firm

Livingston, N.J., November 30, 2022 – Gebroe-Hammer Associates President Ken Uranowitz has been named among the Power 50 in Real Estate for 2022 by NJBIZ, one of New Jersey’s leading business journals. This marks the second consecutive year Uranowitz, who has spent his entire 47-year multifamily investment brokerage career with the Livingston-based Gebroe-Hammer, was selected as … Continue reading “Gebroe-Hammer Associates President Ken Uranowitz Named among NJBIZ Power 50 in Real Estate”

Passaic, NJ 40-44 Fourth Street

33-Unit Workforce-Housing Apartment Building Sold for $5.35M in Passaic by Gebroe-Hammer Associates

November 17, 2022
Fourth Street Apartments is Situated in Desirable Eastside Neighborhood

Passaic, N.J. – Known as a former textile and metal-working center, Passaic’s high-density workforce-housing stock includes 40-44 Fourth Street Apartments, a 33-unit early-20th-Century-era midrise that recently sold for $5.35M in a transaction arranged by Gebroe-Hammer Associates’ Senior Vice President Debbie Pomerantz. The Passaic County/North Jersey market specialist exclusively represented the seller, GMX LLC, and procured the … Continue reading “33-Unit Workforce-Housing Apartment Building Sold for $5.35M in Passaic by Gebroe-Hammer Associates”

Newark, NJ - 810 Broadway

Q3 Multifamily Transactions bring Gebroe-Hammer Associates 2022 Sales to $1.35+B

November 1, 2022
Firm Records YTD 79 Deals with 6,539 Units

Livingston, N.J., – Gebroe-Hammer Associates, a nationally ranked multifamily-focused investment brokerage firm based in North Jersey, continues to see success – and sales – in its primary markets across Northern and Central New Jersey and the Greater Philadelphia MSA. To date, in 2022, the firm reports $1.35+B in sales spanning 79 deals and 6,539 units. … Continue reading “Q3 Multifamily Transactions bring Gebroe-Hammer Associates 2022 Sales to $1.35+B”

As Seen in RE Forum / GlobeSt.com

Gebroe-Hammer Associates is Named a 2022 Multifamily Influencer by GlobeSt / RE Forum

October 24, 2022
Multifamily-Focused Brokerage Investment Firm Named to Nation’s Elite Company Recognition List

Livingston, N.J., October 24, 2022 – Gebroe-Hammer Associates has been named a 2022 Multifamily Influencer by GlobeSt and Real Estate Forum, both of which are nationally respected commercial real estate publications. This is the second time the firm has been ranked among the top multifamily investment brokerage firms nationwide. In 2020, Ken Uranowitz, president, earned the publications’ … Continue reading “Gebroe-Hammer Associates is Named a 2022 Multifamily Influencer by GlobeSt / RE Forum”

Debbie Pomerantz, Senior Vice President

Focus on Debbie Pomerantz, Senior Vice President

October 21, 2022
Gebroe-Hammer Associates / North Jersey Market Specialist

Livingston, N.J., October 21, 2022 – There are movers and shakers in the multifamily investment brokerage business, and then there is Gebroe-Hammer Associates’ Senior Vice President Debbie Pomerantz. An instrumental force in dramatically expanding the firm’s presence within the Passaic County, N.J., submarket, Pomerantz also represents client interests in the greater Northern New Jersey metro, … Continue reading “Focus on Debbie Pomerantz, Senior Vice President”

Class B Value-Add Property

Gebroe-Hammer Associates Records $324.55M in Multifamily Sales during Recent 6-Week Timeframe

September 27, 2022
Sales involve Properties from Bergen County, NJ to Philadelphia MSA

Livingston, N.J.,  – From the northern reaches of Bergen County, N.J., to the most-active Philadelphia MSA submarkets, Gebroe-Hammer Associates has recorded a combined total of $324.55M in multifamily sales encompassing 1,650+ units during a recent six-week timeframe. The transactions have involved properties ranging from single-building garden-style communities to rare-to-market critical-mass portfolios spanning mid-20th Century to … Continue reading “Gebroe-Hammer Associates Records $324.55M in Multifamily Sales during Recent 6-Week Timeframe”