Gebroe-Hammer Associates and Lucky Commercial Realty, Inc. of Miami, Fla. co-brokered the sale of the Altamonte Trace Apartments in Altamonte Springs, Fla. The sale price was $9.3 million. Gebroe-Hammer is one of the most active brokerage firms in the New Jersey tri-state area, serving clients both regionally and nationally.
Joseph Brecher, senior vice president at Gebroe-Hammer, spearheaded the deal, representing the New Jersey-based seller. "The seller, one of our long-time clients, has owned the property for nearly twenty years and is retiring," said Brecher.