Press Releases
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Ken Uranowitz, President -
Gebroe-Hammer Racks Up $1.38 B in YTD Sales with 93 Deals / 9,232 Units through Q3
October 23, 2019Latest centers of trading activity are North and Central Jersey and Philadelphia MetroLivingston, N.J., October 23, 2019 – Multi-family continued to flex its muscle over office and retail investment property sales in Q3 2019 thanks to an extended rent-growth run and unquenched appetite among investors for both value-add and new construction product, according to the investment brokerage firm Gebroe-Hammer Associates. At the close of Q3, the Livingston, … Continue reading “Gebroe-Hammer Racks Up $1.38 B in YTD Sales with 93 Deals / 9,232 Units through Q3”
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Chatham Village - Chatham, NJ -
Chatham Village Apartments Sells for $35.25M in Transaction arranged by Gebroe-Hammer Associates
October 10, 2019Chatham Township, N.J., October 10, 2019 – In Northern New Jersey’s extremely supply-constrained Short Hills Region multi-family investment submarket, Gebroe-Hammer Associates has orchestrated the $35.25M sale of 118 apartment-home units at Chatham Village Apartments in Chatham Township. Three of the firm’s executive vice presidents exclusively represented the seller, Madison Hill Properties, and procured the buyer, … Continue reading “Chatham Village Apartments Sells for $35.25M in Transaction arranged by Gebroe-Hammer Associates”
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Reynolds Terrace Apts, Orange, NJ -
Reynolds Terrace Apartments in Orange, NJ sells for $16.65M in Transaction arranged by Gebroe-Hammer Associates
October 2, 2019Firm’s latest East Essex County trades involve 1,300+ unitsOrange, N.J., October 2, 2019 – In the North Jersey Metro’s high-population and high-building-density pocket of East Essex County, Gebroe-Hammer Associates has arranged the $16.65 million sale of Reynolds Terrace Apartments, a nine-story midrise comprised of 120 apartment units at 248 Reynolds Terr. in the City of Orange, N.J. The firm’s Executive Vice President Stephen … Continue reading “Reynolds Terrace Apartments in Orange, NJ sells for $16.65M in Transaction arranged by Gebroe-Hammer Associates”
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Ken Uranowitz, President -
Gebroe-Hammer Associates Brokers $300M+ North Jersey Metro Multi-Family Portfolio Sale of over 1,800 Units
August 21, 2019Transaction Marks One of the Largest in NJ this YearEssex/Bergen Counties, N.J., August 20, 2019 – Gebroe-Hammer Associates has brokered the $300+ million sale of a multi-property portfolio with over 1,800 units spanning the high-barrier-to-entry submarkets of Northeast Essex and Bergen counties in Northern New Jersey. The 1.12-million-square-foot, 134 building portfolio is predominantly comprised of distinct and spacious one- and two-bedroom layouts, some of … Continue reading “Gebroe-Hammer Associates Brokers $300M+ North Jersey Metro Multi-Family Portfolio Sale of over 1,800 Units”
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Waterside Villas, Monroe Township, NJ -
Gebroe-Hammer Associates Arranges $23M Multi-Family Sale of Waterside Villas in Central Jersey
July 24, 2019Class-A 55+ property is centrally situated in affluent Middlesex CountyMonroe Township/Middlesex County, N.J., July 24, 2019 – Within one of Middlesex County’s highest income-growth neighborhoods, Gebroe-Hammer Associates has arranged the $23 million sale of 100 Class-A apartment-home units at Waterside Villas, an upscale 55+ community located at 1 Overlook Dr., in historic Monroe Township, N.J. The firm exclusively represented the seller and procured the … Continue reading “Gebroe-Hammer Associates Arranges $23M Multi-Family Sale of Waterside Villas in Central Jersey”
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Ken Uranowitz, President
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Apartments Reveal Impressive Buoyancy at Midyear with Gebroe-Hammer Sales of $820+M in Q1 & Q2 2019
July 15, 2019Firm Arranges 65 Deals to Date on behalf of Institutional Investors and Private IndividualsLivingston, N.J., July 15, 2019 – The apartment market revealed its impressive buoyancy in the first half of 2019, during which time nationally ranked investment brokerage firm Gebroe-Hammer Associates is reporting $820+M in multi-family sales encompassing 5,675 units year-to-date at the close of Q2. As it did in 2018, the Livingston, N.J.-based firm is outpacing … Continue reading “Apartments Reveal Impressive Buoyancy at Midyear with Gebroe-Hammer Sales of $820+M in Q1 & Q2 2019”
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7 Beech Spring Dr., Summit, NJ -
Gebroe-Hammer Arranges Two Sales involving 72 Apartment Units in Union County, NJ
June 27, 2019Trades include Beech Spring Apartments in Summit selling for $12.85MSummit & Plainfield, N.J., June 27, 2019 – Gebroe-Hammer Associates has arranged two separate multi-family property sales for a combined $15.75 million totaling 72 units across Union County, N.J. The trades were orchestrated in the borough of Summit as well as Plainfield. The larger of the two transactions involved the $12.85 million trade of Beech … Continue reading “Gebroe-Hammer Arranges Two Sales involving 72 Apartment Units in Union County, NJ”
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New Providence Gardens -
New Providence Gardens Sells for $58.5M in Transaction Arranged by Gebroe-Hammer Associates
June 3, 2019Firm Exclusively Represents Seller and Procures Unnamed Institutional BuyerNew Providence, N.J., June 3, 2019 – New Providence Gardens, a 232-unit garden-apartment community located within one of the most affluent corners of New Jersey, has been sold for $58.5 million in a trade arranged by Gebroe-Hammer Associates of Livingston. The firm’s brokerage team exclusively represented the seller, a private investment group, and the unnamed … Continue reading “New Providence Gardens Sells for $58.5M in Transaction Arranged by Gebroe-Hammer Associates”
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737-745 N Broad St., Elizabeth, NJ -
North Jersey’s Latest Urban Multi-Family Sales Total over 226 Units and $36.85+ Million for Gebroe-Hammer Associates
May 20, 2019Centers of Trading Activity include Elizabeth and The OrangesEssex/Union County, N.J., May 20, 2019 – Urban multi-family investment and a seemingly endless tenant pipeline remain a powerful catalyst for emerging apartment-rental submarkets throughout Essex and Union counties, according to the investment brokerage professionals at Gebroe-Hammer Associates. During the past 12 weeks, the firm has arranged 11 urban-core sales totaling more than $36.85M and … Continue reading “North Jersey’s Latest Urban Multi-Family Sales Total over 226 Units and $36.85+ Million for Gebroe-Hammer Associates”
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Alpine Village Apartments, Sussex, NJ -
Alpine Village Apartments in Sussex, N.J. Sells for $16.59M in Transaction Arranged by Gebroe-Hammer Associates
April 23, 2019EVP Stephen Tragash Exclusively Reps Seller & Procures BuyerSussex, N.J., April 23, 2019 – In the heart of the Borough of Sussex in Sussex County, N.J, Gebroe-Hammer Associates’ Stephen Tragash, executive vice president, has arranged the $16.59 million sale of 134 multi-family units at Alpine Village Apartments in Wantage. The transaction, in which Tragash exclusively represented the seller, Alpine Village Apartments LLC, and … Continue reading “Alpine Village Apartments in Sussex, N.J. Sells for $16.59M in Transaction Arranged by Gebroe-Hammer Associates”