Gebroe-Hammer Associates has coordinated a 1031 Exchange involving the sale of a 39-unit Bloomfield, N.J. property and the acquisition of a Montclair, N.J. property package, which contains 29 apartment-rental units and an adjacent single-family home containing a 19-space parking lot.
Capital Realty Associates' $23.2 million sale of 10 buildings comprising 304 residential units in the McGinley Square, Journal Square and Greenville sections of Jersey City, N.J. marks the largest multifamily property sale in Hudson County this year....More
Newmark Knight Frank Cornish & Carey Commercial (NKFC&CC) Capital Markets has successfully closed on the sale of 2155 Webster Street located in the Pacific Heights neighborhood of San Francisco....More
CBRE Group Inc. represented Fifth & Pacific Companies Inc., formerly Liz Claiborne Inc., on the sale of 5901 West Side Avenue in North Bergen, N.J., to an affiliate of Real Capital Solutions of Louisville, Colo....More
In 10 separate transactions, Gebroe-Hammer Associates arranged the sale of 261 apartment-rental units and five commercial units in New Jersey’s Essex and Hudson counties for more than $13.2 million....More
There has been $30.3 billion in new CMBS issuance to date in 2013, according to Commercial Mortgage Alert. That puts the industry on pace to smash last year’s volume of $48.4 billion and will make 2013 the busiest year for CMBS issuance since 2007. Where do you think total CMBS issuance volume will end up in 2013?