A longtime multifamily owner has reaped more than $25 million from the sale of a 99-unit apartment building in Weehawken, brokers with Gebroe-Hammer Associates announced.
A developer has sold a six-building, 87-unit apartment portfolio in Woodbridge and Rahway, in a set of newly announced transactions by Gebroe-Hammer Associates.
An investor has paid more than $40 million to acquire a newly built, 125-unit rental development in Middlesex County, in a transaction arranged by Gebroe-Hammer Associates.
Gebroe-Hammer Associates completed more than $300 million in first-quarter apartment sales in the region, the firm announced, while expressing optimism about the multifamily sector’s long-term health after it weathers the coronavirus pandemic.
A private investor has acquired a 70-unit garden apartment complex in Plainfield, in one of two newly announced transactions in the city by Gebroe-Hammer Associates.
A portfolio of 400 apartments across northern Hudson County has changed hands for $65 million, following a transaction arranged by Gebroe-Hammer Associates.
A broker with Gebroe-Hammer Associates has won a top honor from the firm in connection with last year’s $75 million sale of a 487-unit, 18-building portfolio in Hudson and Bergen counties.
Five apartment properties with a combined 117 units have changed hands in Essex, Union and Monmouth counties, in a series of newly completed deals by Gebroe-Hammer Associates.
Gebroe-Hammer Associates completed nearly $2 billion in multifamily sales in 2019, citing unrelenting demand from investors and continued momentum at the start of 2020.