A six-property, 134-unit apartment portfolio in Jersey City has changed hands for more than $21 million, in a newly announced transaction by Gebroe-Hammer Associates.
Investor demand for New Jersey apartments has only intensified, fueling nearly $1 billion in multifamily sales by Gebroe-Hammer Associates in the first half of 2021.
The owner of a three-building, 129-unit apartment portfolio in East Orange is seeking a buyer for the properties, having tapped Gebroe-Hammer Associates to market the offering.
A private investor has acquired a 113-unit apartment portfolio in East Orange for nearly $15 million, under a newly announced transaction by Gebroe-Hammer Associates.
Gebroe-Hammer Associates is riding continued investor appetite for New Jersey’s multifamily sector, having completed 21 deals for a combined $269 million in the past two months alone.
A newly built, 60-unit apartment complex in Sussex County has changed hands for nearly $15 million, in a transaction arranged by Gebroe-Hammer Associates.
An Ohio-based company has added to its New Jersey holdings with its recent purchase of a 94-unit apartment building in Jersey City, in a deal arranged by Gebroe-Hammer Associates.
Gebroe-Hammer Associates is off to a strong start in 2021, touting the sale of more than 4,000 apartments in the first quarter with a combined value of nearly $500 million.
The buyer of an apartment and retail building in Jersey City has landed more than $17 million in financing, according to an advisory team with Progress Capital.