Press Releases
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Q1 2023 Garden Apartment sold by Gebroe-Hammer Associates -
Gebroe-Hammer Associates Reports 17 Deals/ $182+M in Multifamily Sales for Q1 2023
April 27, 2023Quality, value-add and in-demand transit locations continue to sellNew Jersey / Philadelphia – Thanks to positive metrics that held up well through the interest-rate hikes of 2022 and early 2023, multifamily properties across the Lower Northeast are retaining their preferred commercial real estate investment status, according to the market specialists at Gebroe-Hammer Associates. In fact, during Q1 2023 the multifamily-focused investment real estate … Continue reading “Gebroe-Hammer Associates Reports 17 Deals/ $182+M in Multifamily Sales for Q1 2023”
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MAREJ Best of 2022 -
Gebroe-Hammer Associates Captures Five “Best of 2022” Awards for Dominance in Multifamily Brokerage Sales across Mid-Atlantic Region
March 30, 2023Categories include Top-10 Brokers, Largest Sale & Best Place to WorkLivingston, NJ / Philadelphia, PA – Once again proving its multifamily investment sales dominance across New Jersey and the Greater Philadelphia MSA, Gebroe-Hammer Associates has captured five Best of 2022 Awards from Mid Atlantic Real Estate Journal (MAREJ). The highly regarded regional publication, which focuses on all things real estate throughout New Jersey, Philadelphia and Pennsylvania, … Continue reading “Gebroe-Hammer Associates Captures Five “Best of 2022” Awards for Dominance in Multifamily Brokerage Sales across Mid-Atlantic Region”
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Eli Rosen, Senior Vice President -
Gebroe-Hammer Associates Names SVP Eli Rosen as Salesperson of the Year
March 13, 2023Greater Philadelphia MSA Market Specialist Closes 1,610 Units/$304+M in Sales for 2022Livingston, NJ / Philadelphia, PA – Gebroe-Hammer Associates, has announced Senior Vice President Eli Rosen has been named its Salesperson of the Year for 2022, the firm’s top honor awarded annually for exceptional, consistent sales performance. This is the third time the Ocean County, N.J. resident, a leading member of Gebroe-Hammer’s Philadelphia MSA Metro team, has … Continue reading “Gebroe-Hammer Associates Names SVP Eli Rosen as Salesperson of the Year”
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Joseph Gehler, Vice President -
Gebroe-Hammer Associates Names Joseph Gehler to Vice President
March 1, 2023Greater Philadelphia MSA/South Jersey Metro Market Specialist is a Product of Firm’s Training ProgramLivingston, N.J. / Philadelphia, PA – Gebroe-Hammer Associates, the nationally ranked multifamily-focused investment sales brokerage firm, has named Joseph Gehler to the role of vice president and is the newest member of its management team, announced Ken Uranowitz, president. The Ocean County, N.J., resident, who joined the firm six years ago as a broker trainee, is an … Continue reading “Gebroe-Hammer Associates Names Joseph Gehler to Vice President”
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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”