More than 130 apartments in Bergen, Essex and Union counties have changed hands for a combined $18.18 million, following a series of transactions by Gebroe-Hammer Associates.
Despite rising interest rates, investor demand for multifamily property in New Jersey shows few signs of slowing down through the end of the year and into 2019.
The developer of two new mixed-use properties in Atlantic Highlands has sold the buildings for nearly $9.2 million, in a deal brokered by Gebroe-Hammer Associates.
Kushner Real Estate Group and Verde Capital are set to reposition a 304-unit apartment complex in Monmouth County after acquiring the property last month for $56 million, the partnership’s second recent multifamily acquisition.
Kushner Real Estate Group has purchased a 304-unit apartment complex in Monmouth County, in a $56 million transaction announced Thursday by Gebroe-Hammer Associates.
A newly built, 38-unit apartment building in Perth Amboy has sold for more than $5.6 million, in one of several recent transactions announced Wednesday by Gebroe-Hammer Associates.
