Private investors have acquired a set of apartment high-rises in East Orange, paying $27.15 million for nearly 250 units in one of the city’s main thoroughfares.
A team of brokers with Gebroe-Hammer Associates is marking more than $330 million in sales brokered over the past 18 months, a deal volume that includes more than 1,700 units.
Gebroe-Hammer Associates has brokered more than 100 multifamily deals totaling some $1.4 billion in value through the first three quarters of 2016, the firm announced.
Brokers with Gebroe-Hammer Associates have had a busy stretch in Bergen County recently, arranging more than $70 million in multifamily investment sales.
