4B — March 2023 — New Jersey — M id A tlantic Real Estate Journal
www.marej.com
N ew J ersey
Firm announces newest member of its management team Gebroe-Hammer Associates promotes Joseph Gehler to VP
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of Gebroe-Hammer’s Greater Philadelphia MSA/South Jer- sey Metro market team. Since embarking on his mul- tifamily investment broker- age career, Gehler has risen through the firm and industry ranks while focusing on sub- urban-Philadelphia’s northern counties of Delaware, Mont- gomery and Bucks. In addi- tion, he also represents cli- ent interests in Philadelphia proper, across South Jersey and throughout Central and Northern New Jersey. According to Uranowitz, Gehler started in the busi-
ness back in 2016 during the historic run-up in the multi- family industry that lasted for several years. “An uptick ‘easy-money’ cycle can skew a brand-new salesperson’s per- ception of what a real estate broker will actually experience in the long term, not having yet lived through the reality of economic cycles,” said the 48-year industry veteran and one of Gehler’s mentors. “However, once the pandemic hit and the industry was basi- cally in suspended animation, Joe kept a laser focus on the big picture, patiently followed
advice and guidance from his mentors and, as a result, his star began to rise very quickly,” added Uranowitz. “He has nat- ural instincts for the business and a very engaging personal- ity, which gets him into quite a few doors.” Uranowitz also noted that in the past few years, especially during the rate-hike bumps starting in the middle of last year, Gehler “kept the glue to- gether on several deals where Gebroe-Hammer’s competi- tors would have waved – and did wave – the white flag due to buyer, seller and lender
hesitations and uncertainty,” he said. “At the ripe ‘old age’ of 32, he has deservedly earned the respect of investors, own- ers, attorneys and other in- dustry-related professionals. We congratulate Joe on this much-deserved promotion.” In 2022 alone, Gehler was a key contributor toward the firm’s overall annual multifam- ily-focused sales of $1.47+B. For the year, the Philadelphia MSA team recorded $732+M in sales spanning 25 deals and 3,929 units – of which 17 deals / 1,170 units with an aggregate value of $214+M were spear- headed by Gehler, as either the sole broker or part of the market team. Notable transactions includ- ed the trade of a 240+ unit garden-apartment community in Bucks County; the sale of a two-property collection of 122 units known as the Awbury- Stenton Portfolio in East Mt. Airy; and the 125+ unit sale of a Cumberland County, NJ garden-apartment portfolio. Gehler also had prominent sales in Monmouth County, NJ and PA’s Lehigh Valley. “From day one as a novice, I was able to both listen to and learn from the best in the business, participate in the sales lifecycle and experience Gebroe-Hammer’s core values of integrity, persistence and patience,” said Gehler, who earned the firm’s Salesperson of the Year honor in 2019 after just three years in the business. “All of my accomplishments – from the smallest wins to the multi-million-dollar trans- actions – are directly tied to Gebroe-Hammer’s training structure, which does not in- clude sitting behind a desk gathering market information for other brokers in the field,” he added. “I have entrenched myself in the submarkets in which I specialize and culti- vated what have proven to be long-term client relationships that will continue to grow and expand throughout what I ex- pect to be a long, exciting and storied career.” Since 1975, Gebroe-Ham- mer’s brokerage activities have concentrated on all multifamily types from high-rise to garden- apartment properties. While initially focusing on New Jer- sey, the Livingston-based firm has evolved during the past 48 years to also dominate Eastern PA and New York state sub- markets. MAREJ
IVINGSTON, NJ / PHILADELPHIA, PA — Gebroe-Hammer
Associates has named J o s e p h Gehler to the role of VP and is the newest member of its manage- ment team,
Joseph Gehler
announced Ken Uranowitz , president. The Ocean County resident, who joined the firm six years ago as a broker trainee, is an integral member
CELEBRATING 48 YEARS
The most active and trusted brokerage firm in NJ, PA, and New York State Specializing in suburban and urban high-rise and garden-apartment properties
Representing generations of private owners, REITs, private equity firms and institutional investors since 1975. Additional focus on marketing mised-use and free-standing office and retail properties.
973.994.4500 • WWW.GEBROEHAMMER.COM • 2 W NORTHFIELD ROAD, LIVINGSTON, NJ 07039
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