Press Releases

Gebroe-Hammer Associates Arranges One Of Nj’s Highest Price-per-unit Trades With $32 Million Sale Of The Avenue At South Orange

February 26, 2013
79-Unit Luxury Building is Transit Village Cornerstone

SOUTH ORANGE, N.J. – Feb. 26, 2013 – In one of New Jersey’s most recent highest price-per-unit multi-family trades, Gebroe-Hammer Associates has arranged the $32 million sale of The Avenue at South Orange, a 79-unit luxury loft-style apartment community with 4,000 square feet of ground-floor retail space. The brokerage team of Ken Uranowitz, president; Joseph … Continue reading “Gebroe-Hammer Associates Arranges One Of Nj’s Highest Price-per-unit Trades With $32 Million Sale Of The Avenue At South Orange”

Gebroe-Hammer Associates Orchestrates Nine Essex County Trades Involving 436 Units

January 14, 2013
Retail/Office, Multi-family Sales Total $24.17 Million in Four Cities

LIVINGSTON, N.J. – January 14, 2013 – Driven by low vacancy rates and solid demographics, Essex County remains a major submarket within the tri-state area for multi-family trading activity, according to Gebroe-Hammer Associates Managing Director David Oropeza. The Livingston-based investment brokerage firm is continuing its record-setting sales pace in this market, completing eight multi-family transactions and one … Continue reading “Gebroe-Hammer Associates Orchestrates Nine Essex County Trades Involving 436 Units”

Gebroe-Hammer Associates Completes $8.675 Million In Latest Asbury Park Multi-family Trades

January 10, 2013
98-Unit Midrise and 23-Unit Garden Apartment Complexes Are Near Downtown

LIVINGSTON, N.J. – January 10, 2013 – Asbury Park is continuing its residential, economic and cultural rebound, resulting in heightened multi-family investment interest citywide, according to Steven Follman, vice president of Gebroe-Hammer Associates. The Ocean/Monmouth County area market specialist recently recorded the city’s latest apartment-building trades involving the $6.9 million sale of Kingsley Arms and … Continue reading “Gebroe-Hammer Associates Completes $8.675 Million In Latest Asbury Park Multi-family Trades”