Professional Services
Former Gebroe-Hammer brokers Oropeza, Jarvis launch ICON Real Estate Advisors with $35 million sale of Piscataway rental property

Two former brokers with Gebroe-Hammer Associates have launched a new venture, ICON Real Estate Advisors, marking its debut with the sale of a 110-unit rental property in Piscataway.

Residential & Mixed Use
Veteran brokers Tragash, Pine detail launch of SAGE Investment Real Estate Advisors

A new Morristown-based brokerage firm is marking its first two deals and a series of new assignments in the region after launching the business at the start of 2024.

Residential & Mixed Use
Veris, Woodmont sell 59-unit Morristown rental property in deal by Gebroe-Hammer, Berkadia

Veris Residential Inc. and Woodmont Properties have sold a 59-unit luxury apartment building in downtown Morristown, in a deal announced by Gebroe-Hammer Associates and Berkadia.

Professional Spotlight
Gebroe-Hammer Associates

Gebroe-Hammer Associates has built its multifamily investment brokerage business and reputation during the past 48 years on long-term client relationships — a practice that came into play recently when we arranged the $19.8M off-market sale of Grand Lee Apartments in Leonia. In the transaction, our firm’s brokerage team exclusively represented the longtime owner/seller, Fairlawn CO, and identified/procured the buyer, an unnamed private investor.

Residential & Mixed Use
Generational owner sells 22-unit West New York apartment building, Gebroe-Hammer says

The longtime owner of a 22-unit apartment building in West New York has sold the property for nearly $4 million, according to a broker with Gebroe-Hammer Associates.

Residential & Mixed Use
Family sells 126-unit Elizabeth apartment complex after 40 years, Gebroe-Hammer says

The longtime owner of a 126-unit garden apartment complex in downtown Elizabeth has sold the property, in a newly announced deal by Gebroe-Hammer Associates.

Residential & Mixed Use
Middlesex County apartment portfolio trades for $9.7 million, Gebroe-Hammer says

A growing multifamily owner has added to its holdings with three properties in Middlesex County, acquiring the 53-unit portfolio for nearly $10 million.

Residential & Mixed Use
Gebroe-Hammer inks sale of 53 apartments in Passaic, Paterson in deals totaling $9.8 million

An investor has purchased a 23-unit apartment building in Passaic for $4.5 million, in the largest of three newly announced deals in the region by Gebroe-Hammer Associates.

Residential & Mixed Use
Gebroe-Hammer tapped to sell 90-unit garden apartment complex in downtown Elizabeth

The owner of a two-building, 90-unit garden apartment complex in Elizabeth has retained Gebroe-Hammer Associates to market the property for sale.

Deals
Developers buy Elizabeth property, prospective development site, for $2.9 million

A development team has entered Union County with its purchase of a one-acre commercial property in Elizabeth, according to a broker with Gebroe-Hammer Associates.