Harbor Group International Acquires Multifamily Portfolio For $1.85B

Harbor Group International, led by Jordan Slone, has acquired a multifamily property portfolio comprising 13,243 units across Arizona, Colorado, Florida, Georgia, Missouri, New Mexico, Texas, and Utah. The seller, Aragon Holdings, represented by Larison Clark, closed the sale. The transaction was facilitated by brokers Jimmy Kuhn, Zach Springer, Anthony Orso, Bill Weber, and Henry Stimler from Newmark Knight Frank.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $1,850,000,000
• Units: 13,243
• Price per Unit: $139,696

Notably, Harbor Group International, a global real estate investment and management firm, made this significant acquisition, expanding its multifamily portfolio across multiple states. Aragon Holdings, the seller, successfully closed the deal under the guidance of Larison Clark. Moreover, the transaction was facilitated by the experienced brokers Jimmy Kuhn, Zach Springer, Anthony Orso, Bill Weber, and Henry Stimler from Newmark Knight Frank.