Three New Sales Associates Join Gebroe-Hammer's Livingston, N.J. Based Firm

Oct. 13, 2009 - PRLog -- Three brokerage professionals have joined Gebroe-Hammer Associates, based in Livingston, N.J., as sales associates, announced Ken Uranowitz, managing director of the region's dominant multi-family investment brokerage firm. Nicholas Nicolaou, Alan Erickson and Meir Friedman will provide market expertise throughout Northern New Jersey as the latest additions to the firm, established in 1975.

Nicolaou, a resident of Harrison, N.J., joined the commercial real estate industry four years ago. Formerly with Marcus & Millichap and CB Richard Ellis, he will focus on the Passaic County market.

"I joined Gebroe-Hammer at the urging of several prominent property owners who hold the firm in the highest regard," he said. "I was aggressively courted by other real estate companies and was convinced, after meeting with the Gebroe-Hammer management team, that the training I would get would be the most advantageous based on their many years of experience. Multi-family investments are the strongest sector of commercial real estate now, and I look forward to this opportunity."

The Bergen County and Irvington/Newark markets will be the focus for Erickson, a resident of Verona, N.J., and Friedman, of Monsey, N.Y., respectively.

Formerly with First Mountain Real Estate, Erickson possesses three years of real estate experience, with a specialty in leasing apartments and selling residential real estate. "I wanted to learn the business at a new level in the big leagues," he said. "I interviewed with local and national firms and selected Gebroe-Hammer because of their knowledge and expertise. Their relationships within the real estate community will enhance my personal growth in this industry."

"We welcome Nicholas, Alan and Meir, who represent the next generation of Gebroe-Hammer brokers," said Uranowitz, a 34-year veteran who has spent his entire professional career with Gebroe-Hammer and has endured several recessionary periods. "As we grow the firm's presence throughout the region and beyond, we continue our commitment to mentoring young professionals by teaching them the importance of relationship-building and enhancing their market knowledge, including how to structure deals ranging from traditional to complex. Throughout our history, training and cultivating the highest professional morals has been at the core of our success."

At Gebroe-Hammer, young professionals are continuously supervised by veteran members of the executive management team. Ongoing training includes weekly educational and market information programs and management/supervisor meetings. College students like Friedman, who attended Touro College, are recruited aggressively. "I have learned a great deal in a short amount of time about business and investment real estate and have already procured several exclusive listings," said Friedman.  

"Most of our sales force and management team first came here fresh out of college, without any real estate experience," Uranowitz noted. "These same people are now leaders in the industry - the result of guidance and teachings imparted by our iconic founders Mel Gebroe and the late Morris Hammer."

Gebroe-Hammer Associates is the region's leading real estate investment brokerage firm specializing in the sale of multi-family, retail and commercial properties, maintaining an active presence throughout Pennsylvania, including Philadelphia; New Jersey; and New York. Clients include private owners, REITS, private equity firms and other institutional investors.

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An industry leader for 34 years, Gebroe-Hammer is among the tri-state region's most influential brokerage firms, specializing in the sale of multi-family, retail and commercial investment properties. The company provides innovative brokerage services to a wide range of private owners, REITS, private equity firms and other institutional investors. Gebroe-Hammer's proven track record on behalf of its clients has resulted in consistent growth every year since its inception, with a large percentage of repeat business from owners and investors. The firm's brokerage activity encompasses diverse property categories, ranging from suburban high-rise, mid-rise and garden-apartments to retail and office properties including real estate in urban areas undergoing revitalization and redevelopment initiatives. The company's prime geographic area of focus includes NJ, Pennsylvania and NY, with additional transactions nationwide as well as representation of owners located around the globe.