Nicolaou Named Deal of the Year recipient for $75M sale of 487-unit, 18-building multi-family portfolio

LIVINGSTON, NJ — To achieve success in the multi-family investment brokerage profession, one must be ‘all in’ each and every day. Gebroe-Hammer Associates’ executive vice president Niko Nicolaou is just that and, as a result, has added another award to his long list of accomplishments – the firm’s coveted Deal of the Year honor for arranging the $75M sale of a 487-unit, 18-building portfolio spanning Union City, Bergenfield and Lodi, NJ.
Recognized at Gebroe-Hammer’s annual anniversary reception, the Hudson County/New Jersey market specialist represented the seller, Madison Hill Properties, in the disposition. The transaction was completed in a four-month timeframe and marked the first of four on behalf of the same seller where Nicolaou procured each of the buyers as the sole broker or as the lead Gebroe-Hammer broker.

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