Press Releases
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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”
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The on-market Garden State Portfolio includes 357 West End Ave., Elizabeth, NJ -
406-Unit Multifamily Portfolio in Receivership Comes to Market
October 26, 202029 Buildings Span New Jersey’s North, Central and Southern MetrosLivingston, N.J., October 26, 2020 – Gebroe-Hammer Associates has been appointed as the exclusive listing agent to market the in-receivership Garden State Portfolio, a 406-unit, 29-building collection of apartment properties spanning the entire state of New Jersey. Executive Managing Director Joseph Brecher is spearheading the assignment, which was awarded by Colliers International as receiver. Comprised … Continue reading “406-Unit Multifamily Portfolio in Receivership Comes to Market”
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Palmyra Arms, 50 W. Broad St., Palmyra, NJ -
Gebroe-Hammer Associates Reports Monmouth-to-Burlington County Corridor is Humming with Multifamily Investment Interest
October 15, 2020Firm Market Specialists Record $114.55M in Two-County Sales since Start of YearMonmouth/Burlington County, N.J., October 15, 2020 – Known as one of New Jersey’s fastest growing and rapidly developing transit gateways, the I-195/I-295 Monmouth-Burlington County corridor is buzzing with multifamily investment interest and an ever-expanding tenant pipeline, according to the market specialists at Gebroe-Hammer Associates. Since the start of the year, the firm has arranged five … Continue reading “Gebroe-Hammer Associates Reports Monmouth-to-Burlington County Corridor is Humming with Multifamily Investment Interest”