Harbor Group International Secures $441 Million Loan From Freddie Mac For Multifamily Portfolio Acquisition

The transaction involves a multifamily asset consisting of 3,590 units spread across 11 properties located in Aiken, Lexington, Columbia, Irmo, Florence, Spartanburg, and Boiling Springs in South Carolina, as well as Augusta in Georgia, Johnson City in Tennessee, and Baton Rouge & New Orleans in Louisiana. The loan amount for the acquisition is $441,000,000, facilitated through Freddie Mac.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $441,000,000
• Lender: Freddie Mac
• Landlord: Harbor Group International
• Landlord's Representative: Shawn Rosenthal, Jason Gaccione, Jake Salkovitz, Lauren Weinstein & Justin Helbling - CBRE
• Loan Type: Acquisition

CBRE Capital Markets’ Debt & Structured Finance team played a crucial role in securing financing for affiliates of Harbor Group International, LLC in this extensive acquisition involving multiple properties across several states.