Multifamily sale closes at $12m.
Throughout New Jersey's gateway counties of Essex and Union, Gebroe-Hammer Associates reports that multifamily housing investments soared in the first quarter as demonstrated by the sale of 164 total units for more than $12.075 million. The six separate transactions were orchestrated or·ches·trate
tr.v. or·ches·trat·ed, or·ches·trat·ing, or·ches·trates
1. To compose or arrange (music) for performance by an orchestra.
2. by the Livingston, N.J.-based multi-family investment property brokerage firm on behalf of new investors as well as long-term Long-term
Three or more years. In the context of accounting, more than 1 year.
1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. clients.
The largest transaction involved the sale of 43 units, comprised of 26 one-, 6 two- and 4 three-bedroom layouts plus seven retail stores, for $3.385 million at 1607-1615 Maple Ave. in Hillside Hillside may refer to: Places
LLC - Logical Link Control , and procured the buyer, a long term Gebroe-Hammer client.