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ON THE SCENE: Cushman & Wakefield tapped for four Queens properties; Gebroe arranges $20 million in Jersey sales
05
AGENTS Cushman & Wakefield announced that the brokerage firm has been retained on an exclusive basis to arrange the sale of four Queens properties
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$300M multifamily trade a sign of strong investor appetite for New Jersey housing
05
Gebroe Hammer brokered the sale of 1,800 units spread across affluent towns such as Edgewater. Gebroe-Hammer Associates brokered the $300+ million sale
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SELLING POINTS: $50 million sale in Newark; Midtown air rights up for grabs
05
● Gebroe-Hammer Associates Newark rebirth brings $50M sale A longtime Newark, NJ, multifamily owner has sold a 452-unit property for $50 million.
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ON THE SCENE: Roundup of the week’s Under $10M sales and exclusives
05
AGENTS: Triplemint has been hired to exclusively market the retail space at 72-74 Seventh Avenue, Chelsea, New York. Andrew Feldman is the sole broker
Residential
SELLING POINTS: KRE group continues to bolster NJ apartment portfolio; George Comfort buys Wʼchester office park
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●KRE GROUP / VERDE CAPITAL KRE adds more multifamily KRE Group, in partnership with Verde Capital, has acquired a 304-unit garden-style apartment property
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KABR Group sells Jersey City apartment building for $24M
06
The KABR Group has sold its newly constructed multifamily property The Fairmount at McGinley Square in Jersey City for $23.75 million. Gebroe-Hammer Associates
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NJ rental property trades for $43M
06
Woodmont Properties has sold a newly constructed apartment property in Jersey’s Bayside Cove neighborhood for $43.5 million. Gebroe-Hammer Associates announced
Deals & Dealmakers
ON THE SCENE
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AGENTS Cushman & Wakefield has been retained on an exclusive basis to arrange for the disposition of 37-10 114th Street, a Holiday Inn Hotel in
Deals & Dealmakers
ON THE SCENE: Bestreich Realty Group announcessale of 341 Lenox Road
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SALES RIPCO Real Estate (RIPCO) announced the following Westchester sales: • 20 East Main Street, a 5,293 s/f auto-repair and body shop, was sold
Deals & Dealmakers
Selling points: Uptown portfolio hits the market, Arts Tower condo offering
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Cushman & Wakefield Uptown portfolio hits market Cushman & Wakefield is marketing a set of Upper West Side townhouses with a $51 million price tag.
Deals & Dealmakers
SELLING POINTS: JLL seeks offers for huge Williamsburg development site
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● CBRE Birch Group buys historic Jersey property for $87M CBRE announced the sale of American Metro Center (AMC) in Hamilton, New Jersey for $84,700,000.
Deals & Dealmakers
Selling points: NJ apartment portfolios sell for $29M, Time buys $26M multifamily asset
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Gebroe-Hammer Associates Two NJ apartment portfolios sell for $29M Gebroe-Hammer Associates’ Managing Director David Oropeza has spearheaded two separate