Press Releases

Gebroe-Hammer Completes $10.5 Million Sale Of Bergen County Apartments

January 22, 2014
Tenafly’s 49-Unit Stonegarth Complex trades for more than $214,000 per Unit

TENAFLY, N.J., Jan. 22, 2014 – Gebroe-Hammer Associates has orchestrated the $10.5 million sale of Stonegarth Apartments, a 49-unit, four-building garden complex at 30 Engle St. in Tenafly. The Livingston, N.J.-based firm’s executive vice president David Jarvis and senior vice president Greg Pine represented the seller and identified the buyer, a long-time Gebroe-Hammer client, in … Continue reading “Gebroe-Hammer Completes $10.5 Million Sale Of Bergen County Apartments”

Gebroe-Hammer Completes $8 Million Of Northern New Jersey Apartment Sales

December 10, 2013
Investment Market for Multi-Family Properties Continues to be “Voracious”

LIVINGSTON, N.J., Dec. 10, 2013 – Gebroe-Hammer Associates has arranged the sale of two Northern New Jersey apartment properties for a combined total of nearly $8 million, reports Ken Uranowitz, president of the firm. The two separate transactions total 49 units in Caldwell and Montclair, and both properties were sold by long-term owners. In the … Continue reading “Gebroe-Hammer Completes $8 Million Of Northern New Jersey Apartment Sales”

Gebroe-Hammer Names Two New Sales Associates To Central And South Jersey Brokerage Teams

November 13, 2013
Elimelech Herskowitz and Adam Zweibel are Latest to Join Growing Firm’s Brokerage Staff

LIVINGSTON, N.J., Nov. 13, 2013 – Elimelech Herskowitz and Adam Zweibel have joined Gebroe-Hammer Associates as sales associates, announced Ken Uranowitz, president of the Livingston, N.J.-based firm. Herskowitz and Zweibel will focus onNew Jersey’s Somerset/Mercer/Burlington counties as well as Camden/Gloucester counties, respectively. “The addition of Eli and Adam to our brokerage team allows us to … Continue reading “Gebroe-Hammer Names Two New Sales Associates To Central And South Jersey Brokerage Teams”

Gebroe-Hammer Associates Arranges $4 Million Trade In Dover, N.j.

October 30, 2013
27-Unit Luxury Apartment Building is Located near Healthcare and Shopping

DOVER, N.J. – Oct. 30, 2013 – Morris County’s standing as one of the wealthiest and most populous counties in all of New Jersey also makes it one of the most sought-after multi-family investment markets, according to the brokerage professionals at Gebroe-Hammer Associates. The firm recently orchestrated the $4 million sale of Lion Gate at … Continue reading “Gebroe-Hammer Associates Arranges $4 Million Trade In Dover, N.j.”

Gebroe-Hammer Associates Announces $2.5 Million Multi-family Trade In Bergen County

October 24, 2013
Hasbrouck Heights Transaction Involves 20 Garden Apartment-Style Units

HASBROUCK HEIGHTS, N.J., Oct. 24, 2013 – Demonstrating its continued expertise in Bergen County’s multi-family marketplace, Gebroe-Hammer Associates recently arranged the $2.5 million sale of Grandview Apartments, a 20-unit garden-style community in Hasbrouck Heights. The Gebroe-Hammer brokerage team, including President Ken Uranowitz, Senior Vice President Greg Pine and Assistant Vice President Debbie Pomerantz, exclusively represented … Continue reading “Gebroe-Hammer Associates Announces $2.5 Million Multi-family Trade In Bergen County”

Gebroe-Hammer’s Debbie Pomerantz Named “woman Of Influence” Among Nation’s Top Real Estate Professionals

October 10, 2013
Firm’s Assistant Vice President Honored for Accomplishments in Multi-Family Investment Sales

LIVINGSTON, N.J., Oct. 10, 2013 – Gebroe-Hammer Associates’ Debbie Pomerantz, assistant vice president, has been selected as a “Woman of Influence,” an elite ranking of the nation’s top female real estate professionals. Since joining the Livingston, N.J.-based firm in 2011, the Passaic County/Bergen County market specialist has closed sales aggregating more than $74 million and … Continue reading “Gebroe-Hammer’s Debbie Pomerantz Named “woman Of Influence” Among Nation’s Top Real Estate Professionals”

Gebroe-Hammer Associates Arranges $7.65 Million Sale Of 32 Newly Constructed Units And A Four-bedroom Home In Bergen County, N.j.

September 20, 2013
Central Avenue Apartments Presents Unique Investment Opportunity

ROCHELLE PARK, N.J., Sept. 20, 2013 – Gebroe-Hammer Associates exclusively represented the seller, 47-53 Central Avenue, LLC, and identified the buyer in the $7.65 million trade of Central Avenue Apartments, located at 47-53 Central Ave., in Rochelle Park, N.J. The brokerage team includes Managing Director Joseph Brecher, Senior Vice President Greg Pine and Assistant Vice … Continue reading “Gebroe-Hammer Associates Arranges $7.65 Million Sale Of 32 Newly Constructed Units And A Four-bedroom Home In Bergen County, N.j.”

Union County, N.j., Multi-family Transaction Pace Continues To Pick Up Speed

September 3, 2013
Gebroe-Hammer Associates Completes Three Transactions Totaling 64 Units

LIVINGSTON,N.J., September 3, 2013 – As one of the nation’s most densely populated counties where apartment-rental living is the favored residential living option,Union County,N.J.’s multi-family investments are continuing to pick up speed, according to the brokerage professionals at Gebroe-Hammer Associates. Most recently, the firm orchestrated three transactions involving 64 units that sold for a combined … Continue reading “Union County, N.j., Multi-family Transaction Pace Continues To Pick Up Speed”

Gebroe-Hammer Associates’ Essex County Multi-family Sales Top $93 Million In Past 12 Months

August 15, 2013
Market Trends include Rising Rents and Diminished Availability of For-Sale Product

NEWARK, N.J., August 15, 2013 – Against the backdrop of steadily rising apartment rents and diminishing availability of for-sale multi-family product in Essex County, N.J., Gebroe-Hammer Associates has orchestrated more than $93 million in transactions during the past 12 months. In the latest transaction, the brokerage team of David Jarvis, executive vice president, and Stephen … Continue reading “Gebroe-Hammer Associates’ Essex County Multi-family Sales Top $93 Million In Past 12 Months”

Gebroe-Hammer Associates’ Latest Multi-family Sale Caps Off Bergen County 12-month Total At $18+ Million

July 3, 2013
Latest Transaction involves $2.025 Million Trade of 15-unit Property

LIVINGSTON, N.J., July 3, 2013 – In Bergen County, N.J., where for-sale multi-family investment properties are sparse, Gebroe-Hammer Associates has orchestrated more than $18 million in investment sales during the past 12 months. The latest trade involves the $2.025 million sale of 15 units at 82 Brinkerhoff St., in Ridgefield Park. “Historically, whenever a property … Continue reading “Gebroe-Hammer Associates’ Latest Multi-family Sale Caps Off Bergen County 12-month Total At $18+ Million”