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.
The original developer of a Wood-Ridge apartment building has sold the complex, in one of several newly announced transactions by Gebroe-Hammer Associates.
Gebroe-Hammer Associates is touting the sale of nearly 3,600 apartments during the third quarter, having inked 28 transactions with a combined value of more than $560 million.
A multifamily buyer has paid more than $300 million for a 134-building portfolio spanning more than 1,800 units in Essex and Bergen counties, Gebroe-Hammer Associates announced.
An investment and property management firm has acquired a 168-unit apartment property in Sussex County for $18 million, with plans to add value through a series of renovations.
A private investor has acquired an 18-building, 487-unit multifamily portfolio in Hudson and Bergen counties, under a $75 million deal arranged by Gebroe-Hammer Associates.
Gebroe-Hammer Associates is touting more than $1 billion in completed transactions in 2018, setting up for what it says will be a fruitful year for multifamily investment sales.
Gebroe-Hammer Associates has promoted three of its top-producing brokers to new executive management positions, following what the firm says was another banner year.
Investors have paid a combined $17.3 million for 124 residential units in Plainfield, in series of newly announced transactions by Gebroe-Hammer Associates.
