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Harbor Group International Acquires $390M Multifamily Portfolio From Chetrit Group In FL, IN, KY, OH, And PA

Galaxy Capital & Meridian Capital Group Brokers Deal for $390,000,000 in Florida, Indiana, Kentucky, Ohio & Pennsylvania
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This MultiFamily property located in FL was sold for $390,000,000 almost 3 years ago. The broker of the deal was Henry Bodek

Harbor Group International, led by Jordan Slone and Richard Litton, along with Image Capital, represented by Asher Koenig, have acquired a multifamily property in Florida, Indiana, Kentucky, Ohio, and Pennsylvania. The property was sold by the Chetrit Group, with Joseph Chetrit as the seller. The deal was facilitated by brokers Henry Bodek from Galaxy Capital and Meridian Capital Group.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $390,000,000
  • Units: 5,500
  • Price per Unit (PPU): $70,909

The acquisition involved a significant investment by Harbor Group International and Image Capital. Jordan Slone and Richard Litton from Harbor Group International, along with Asher Koenig from Image Capital, led the buying efforts. On the selling side, Joseph Chetrit represented the Chetrit Group. Henry Bodek from Galaxy Capital and Meridian Capital Group served as the brokers in this transaction.

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Deals
  • Location
    Florida City, FL, USAFlorida City, FL, USA
  • Sale Price
    $390,000,000$390,000,000
    $70,909 PPSF$70,909 PPSF
  • Area
    5,500 SF5,500 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    1 Broker1 Broker

Agent

Henry Bodek

Henry Bodek

Deals39
Financed$5.4B

Deal Summary

SALE IMAGE: Jordan Slone, Joseph Chetrit, Richard Litton DATE: 04/29/2021 MARKET: Florida, Indiana, Kentucky, Ohio & Pennsylvania ASSET TYPE: Multifamily BUYER: Harbor Group International - Jordan Slone & Richard Litton; Image Capital - Asher Koenig SELLER: Chetrit Group - Joseph Chetrit BROKERS: Henry Bodek - Galaxy Capital; Meridian Capital Group SALE PRICE: $390,000,000 UNITS: 5,500 ~ PPU: $70,909

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Galaxy Capital & Meridian Capital Group Brokers Deal for $390,000,000 in Florida, Indiana, Kentucky, Ohio & Pennsylvania

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