Client News
$25M Sale of 125 Magnolia Sets New Multifamily Sales Benchmark for Emerging Jersey City Neighborhood
Jersey City, N.J. – The $25M sale of 125 Magnolia at Journal Square has set a new multifamily benchmark for Jersey City’s newest upmarket neighborhood in the elevatored/pre-war apartment building category, according to Gebroe-Hammer Associates Executive Vice President...
read moreDover Hills Apartments in Morris County, NJ Sells for $15.7M in Transaction arranged by Gebroe-Hammer Associates
Dover, N.J., – North Jersey’s high-barrier-to-entry locations continue to drive the metro’s magnetic multifamily sales as reflected in the recent $15.7M trade of Dover Hills Apartments, according to the brokerage professionals at Gebroe-Hammer Associates. The firm’s...
read moreElizabeth’s Imperial House Apartments Sells for $21.3M in Trade Orchestrated by Gebroe-Hammer Associates
Elizabeth, N.J., – In the City of Elizabeth, New Jersey’s fourth most-populous city, Gebroe-Hammer Associates has orchestrated the $21.3M sale of Imperial House Apartments, a 109-unit, 13-story high-rise at 750 N. Broad St. Executive Vice Presidents Stephen Tragash...
read moreClauses & Consequences: The Convergence of Private Equity Legal Agreements and Tax Interpretations
Whippany, N.J. – Intent vs. interpretation. Concept vs. reality. Clauses vs. practices. The push-pull issues private equity firms encounter as they lay out the financial and tax structure for portfolio company acquisitions can dramatically affect risk and return as...
read moreGebroe-Hammer Associates Sets Bar High for 2021 with $72M Trade of East Essex Region Portfolio
Newark/Irvington, N.J. – Gebroe-Hammer Associates has set the bar high for 2021 with the $72M trade of a 641-unit portfolio spanning Newark and Irvington, both in East Essex County – the state’s most densely populated urban hub. Executive Managing Director David...
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