LIVINGSTON, NJ–Multi-family property owners realize the marketmay be reaching a peak time for selling, a window of opportunityexpected to continue into the second half of the year,Gebroe-Hammer Associates tellsGlobeSt.com.
The firm arranged 67 transactions during the last six months,and says the multi-family sector should see more aggressive pricingat a growth rate surpassing pre-recession levels.
GH closed out June arranging 14 sales of 473units throughout New Jersey, New York and Pennsylvania, selling formore than $53 million.
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