What is your most notable project, deal or transaction?
When asked this question, two transactions come to mind. One of the most interesting deals I’ve ever been involved with is a recent closing during the pandemic. This garden-style apartment community in Montgomery County, PA, featured a mix of 1BR and 2BR units and garnered a per-unit price of over $127,000. The trade also included two commercial spaces as part of the deal. Overall, key parties involved in the transactio
LIVINGSTON, NJ — It all began with a shared mindset among two commercial real estate industry icons – the late Mel Gebroe and Morris Hammer. In the mid-1970s they were inspired to turn their vision into reality by establishing a unique investment brokerage firm where their strongly held principles for life and business – integrity, hard work, expertise – would stand the test of time.
For the last 45 years, Gebroe-Hammer Associates has done just that by continually growing it
Since joining Gebroe-Hammer Associates in 2009, Niko Nicolaou’s name has become synonymous with the surging volume of multi-family transactions in the lower reaches of the Hudson River Region – New Jersey’s Hudson County, which is one of the smallest yet most-densely-populated land areas in the nation. As a result, he has become the go-to broker-of-choice in this leading multi-family investment submarket where he represents a wide spectrum of property owners and investors – f
SUMMIT & PLAINFIELD, NJ — Gebroe- Hammer Associates has arranged two separate multi-family property sales for a combined $15.75 million totaling 72 units across Union County, NJ. The trades were orchestrated by executive vice presidents Niko Nicolaou and David Jarvis in the borough of Summit as well as senior vice president Adam Zweibel in Plainfield.
The larger of the two transactions involved the $12.85 million trade of Beech Spring Apartments, a 53-unit gardenstyle apartm
HUDSON COUNTY, NJ — Gebroe-Hammer Associates’ senior vice president Nicholas Nicolaou has finalized the disposition of a 118-building, 2,137-unit Hudson County multi-family portfolio on behalf of a single seller, a private unnamed investor. In total, the Gateway portfolio was broken out into six separate packages sold for a combined total of $327,846,200. The properties are located throughout Jersey City, West New York, North Bergen, Guttenberg and Union City.
“The Gateway P