WOODBRIDGE TOWNSHIP, NJ – Gebroe-Hammer Associates has arrangedthe $25.5 million sale of a class A multifamily portfolio.Comprising 87 luxury apartment home and townhome rental units, theportfolio spans Woodbridge Township, NJ's Avenel, Colonia andRahway neighborhoods.
Sold by the same, single, unnamed seller, the portfolio wasdivided and sold in two separate transactions. The two 1031exchanges involved a five-building package sale and a singleproperty sale.
The portfolio's undisclosed seller was exclusively represented,across both dispositions, by Gebroe-Hammer Associates EVP, NikoNicolaou. Gebroe-Hammer Associates' SVP, Debbie Pomerantz andexecutive managing director, David Oropeza, each procured privateinvestors as the portfolio's buyers.
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Ingrid Tunberg
Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.
