Gebroe-Hammer Archives | Yield PRO https://yieldpro.com/tag/gebroe-hammer/ Making rental housing businesses profitable Tue, 16 Jan 2024 18:03:32 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.2 https://yieldpro.com/wp-content/uploads/2020/01/cropped-PRO-favicon-32x32.png Gebroe-Hammer Archives | Yield PRO https://yieldpro.com/tag/gebroe-hammer/ 32 32 Gebroe-Hammer Associates and Berkadia Orchestrate Sale of The Metropolitan Lofts in Historic Morristown New Jersey https://yieldpro.com/2024/01/gebroe-hammer-associates-and-berkadia-orchestrate-sale-of-the-metropolitan-lofts-in-historic-morristown-new-jersey/ Tue, 16 Jan 2024 18:03:32 +0000 https://yieldpro.com/?p=41937 Gebroe-Hammer Associates and Berkadia have announced the sale of 59 Class A multifamily units at The Metropolitan Lofts in downtown Morristown, New Jersey for an undisclosed price. Situated within steps of the city’s bustling South Street, the five-story midrise is just south of the Morristown Green. In addition to Gebroe-Hammer, the transaction team representing the […]

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]]> Gebroe-Hammer Associates Orchestrates $3.95M Sale of Hudson County New Jersey Midrise Apartment Building https://yieldpro.com/2023/11/gebroe-hammer-associates-orchestrates-3-95m-sale-of-hudson-county-new-jersey-midrise-apartment-building/ Thu, 02 Nov 2023 15:49:44 +0000 https://yieldpro.com/?p=38877 Gebroe-Hammer Associates has arranged the $3.95M sale of a 22-unit midrise apartment building located in the Hudson Waterfront municipality of West New York, New Jersey The firm’s North Jersey market specialist David Betesh, sales representative, exclusively represented the generational owner/seller, 5414 Park Avenue LLC, and procured the buyer, a long-time client of the firm. “This […]

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]]> Gebroe-Hammer Associates inks sale of generationally owned multifamily asset in Elizabeth, NJ https://yieldpro.com/2023/08/gebroe-hammer-associates-inks-sale-of-generationally-owned-multifamily-asset-in-elizabeth-nj/ Tue, 01 Aug 2023 13:41:29 +0000 https://yieldpro.com/?p=35677 Gebroe-Hammer Associates has arranged the sale of a 126-unit, garden-apartment community with generational ownership of 40+ years in Union County, N.J.’s City of Elizabeth. Executive Vice President Stephen Tragash exclusively represented the seller and procured the buyer, a long-time client of the firm, in the trade of Chilton Hall Apartments in the city’s downtown section. […]

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]]> Gebroe-Hammer Associates arranges $9.72 million off-market multifamily portfolio sale in Central New Jersey https://yieldpro.com/2023/07/gebroe-hammer-associates-arranges-9-72-million-off-market-multifamily-portfolio-sale-in-central-new-jersey/ Tue, 11 Jul 2023 13:33:00 +0000 https://yieldpro.com/?p=34806 Gebroe-Hammer Associates has arranged the $9.72 million off-market sale of a three-property Middlesex County, NJ multifamily portfolio. The firm brokered the 53-unit transaction on behalf of the unnamed seller and procured the buyer, Golden Sky Equities, a long time client. Joseph Brecher, executive managing director, and Joseph Gehler, vice president, spearheaded the Gebroe-Hammer brokerage team. […]

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]]> $11.9 million sale of two historic multifamily properties in prime East Orange location https://yieldpro.com/2023/01/11-9-million-sale-of-two-historic-multifamily-properties-in-prime-east-orange-location/ Thu, 26 Jan 2023 14:01:59 +0000 https://yieldpro.com/?p=31922 Gebroe-Hammer Associates’ Executive Managing Director and East Orange market specialist David Oropeza has brokered the $11.9 million sale of 17 Summit Street and 60 North Arlington Avenue Apartments, two historic East Orange residential properties totaling a combined 94 units. In the transaction, Oropeza represented the seller, 17 Summit Avenue LLC and 60 N. Arlington Ave. […]

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]]> Gebroe-Hammer Associates arranges sale of Ridgewood Commons Apartments in South Orange, New Jersey https://yieldpro.com/2022/07/gebroe-hammer-associates-arranges-sale-of-ridgewood-commons-apartments-in-south-orange-new-jersey/ Tue, 12 Jul 2022 13:18:31 +0000 https://yieldpro.com/?p=29334 For the fourth time since 1999, Gebroe-Hammer Associates has arranged the sale of Ridgewood Commons in South Orange, N.J., a 66-unit five-story multifamily asset located at 10 N. Ridgewood Road in the township. The firm’s Executive Vice President David Jarvis exclusively represented the seller, 10 North Ridgewood Road LLC, and procured the unnamed buyer, a […]

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]]> Gebroe-Hammer’s Jarvis arranges multi-tranche $80+ million multifamily portfolio sale in Newark, New Jersey https://yieldpro.com/2022/05/gebroe-hammers-jarvis-arranges-multi-tranche-80-million-multifamily-portfolio-sale-in-newark-new-jersey/ Mon, 16 May 2022 13:05:13 +0000 https://yieldpro.com/?p=28449 In Newark’s North Ward, Gebroe-Hammer Associates Executive Vice President David Jarvis has finalized a multi-tranche $80+M multifamily portfolio sale totaling 484 units across the Gateway City. A 26-year Newark/North Jersey market specialist, Jarvis exclusively represented the unnamed seller, a private investment group, and procured the buyer, a long-time private investment client, in the transaction. Situated […]

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]]> Gebroe-Hammer’s Debbie Pomerantz orchestrates $22.75 million sale of 118-unit Paterson, NJ hi-rise https://yieldpro.com/2022/01/gebroe-hammers-debbie-pomerantz-orchestrates-22-75-million-sale-of-118-unit-paterson-nj-hi-rise/ Mon, 24 Jan 2022 14:15:38 +0000 https://yieldpro.com/?p=26873 In Paterson, which continues to evolve from its industrial roots into a dynamic urban-core municipality, Gebroe-Hammer Associates Senior Vice President Debbie Pomerantz has arranged the $22.75M sale of a 118-unit multifamily hi-rise in the Eastside Park Historic District. The Northeast New Jersey market specialist exclusively represented the seller, 599 Broadway Management LLC, and procured the […]

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]]> Gebroe-Hammer Associates’ Niko Nicolaou arranges $21.45 million Jersey City multifamily portfolio sale https://yieldpro.com/2021/09/gebroe-hammer-associates-niko-nicolaou-arranges-21-45-million-jersey-city-multifamily-portfolio-sale/ Tue, 14 Sep 2021 14:30:26 +0000 https://yieldpro.com/?p=24776 In New Jersey’s second largest municipality of Jersey City, Gebroe-Hammer Associates’ Executive Vice President Niko Nicolaou has arranged the $21.45M sale of a 134-unit multifamily portfolio spanning three of the city’s 13 constituent neighborhoods. In the transaction, Nicolaou exclusively represented the seller, Coltown Properties, and procured the buyer, West of Hudson Properties. Brad Domenico of […]

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]]> Gebroe-Hammer’s David Oropeza arranges $14.95 million East Orange portfolio sale https://yieldpro.com/2021/06/gebroe-hammers-david-oropeza-arranges-14-95-million-east-orange-portfolio-sale/ Wed, 09 Jun 2021 12:30:37 +0000 https://yieldpro.com/?p=23147 In East Orange, where transportation and connectivity are at the crux of the city’s urban revival, a 113-unit, three-property multifamily portfolio has traded for $14.95M in a sale orchestrated by Gebroe-Hammer Associates. Executive Managing Director David Oropeza exclusively represented the seller, Nova EO Portfolio I LLC and The Capital Foresight LP, and procured the buyer, […]

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