FREEHOLD, NJ–As Monmouth County communities continue to recoverfrom Superstorm Sandy which hit 20 months ago, multifamilyinvestment sales are heating up along with the weather right now,brokers at Gebroe-Hammer Associates tellGlobeSt.com.

The Livingston-based firm exclusively represented the sellersand secured buyers in two recent sales in Freehold and Asbury Park.G-H's shore area market specialist Steven Follman,who was involved in both transactions, says investors are trollingfor properties ripe for repositioning.

“Monmouth County's 27 miles of beaches and their surroundingcommunities continue to make a strong comeback, both in terms ofthe economy and post-superstorm revitalization,” said Follman.“This re-emergence is drawing investors who recognize theever-growing strength of the Jersey Shore region's multi-familymarket and have past experience in repositioning properties inorder to render them more competitive in today's market.”

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