Press Releases
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Grand Lee Apartments, Leonia, NJ -
$19.8M Sale of Leonia, NJ Garden-Apartment Complex arranged by Gebroe-Hammer Associates
February 15, 202380-Unit Community is Centrally Located in the Highly Desirable / Affluent Bergen County SubmarketBergen 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”
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1139 East Jersey St., Elizabeth, NJ -
Gebroe-Hammer Associates arranges Sale of Mixed-Use Building in Downtown Elizabeth
February 6, 2023Unique-to-Market Micro-Office Building has recorded 100% Occupancies for DecadesElizabeth, 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”
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(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, 2023Transaction Kicks Off 2023 Sales for FirmEast 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”
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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, 2023Majority of Sales Fall into Workforce-Housing Value-Add Category due to Supply Chain and Permitting Issues in New ConstructionLivingston, 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”
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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, 2022Industry Standout Marks 47th Year at FirmLivingston, 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”
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Passaic, NJ 40-44 Fourth Street -
33-Unit Workforce-Housing Apartment Building Sold for $5.35M in Passaic by Gebroe-Hammer Associates
November 17, 2022Fourth Street Apartments is Situated in Desirable Eastside NeighborhoodPassaic, 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”
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Newark, NJ - 810 Broadway -
Q3 Multifamily Transactions bring Gebroe-Hammer Associates 2022 Sales to $1.35+B
November 1, 2022Firm Records YTD 79 Deals with 6,539 UnitsLivingston, 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”
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As Seen in RE Forum / GlobeSt.com -
Gebroe-Hammer Associates is Named a 2022 Multifamily Influencer by GlobeSt / RE Forum
October 24, 2022Multifamily-Focused Brokerage Investment Firm Named to Nation’s Elite Company Recognition ListLivingston, 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”
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Debbie Pomerantz, Senior Vice President -
Focus on Debbie Pomerantz, Senior Vice President
October 21, 2022Gebroe-Hammer Associates / North Jersey Market SpecialistLivingston, 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”
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Class B Value-Add Property -
Gebroe-Hammer Associates Records $324.55M in Multifamily Sales during Recent 6-Week Timeframe
September 27, 2022Sales involve Properties from Bergen County, NJ to Philadelphia MSALivingston, 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”