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Jordan E. Slone Of Harbor Group International Acquires Multifamily Asset From Douglas C. Yearley Jr. For $182M

Property Image
SOLD
$182,000,000

Massachusetts

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MultiFamily
Sold 05/05/2025
the dealdetailscomps
Property Image
SOLD

Jordan E. Slone Of Harbor Group International Acquires Multifamily Asset From Douglas C. Yearley Jr. For $182M

275 Second Avenue

See Similar Deals
MultiFamily
Sold 05/05/2025
the dealdetailscomps

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Transaction Type:Sale

The property asset involved in the transaction is a multifamily apartment complex located at 275 Second Avenue in Needham, MA. The transaction was valued at $182 million, showcasing a sale that included a total of 390 units, resulting in a price per unit of $466,667.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $182,000,000
  • Buyer: Jordan E. Slone - Harbor Group International
  • Seller: Douglas C. Yearley Jr. - Toll Brothers
  • Units: 390
  • Price Per Unit: $466,667

This transaction marks a significant acquisition as Harbor Group International, represented by Jordan E. Slone, has added The Kendrick to its portfolio. Douglas C. Yearley Jr., representing Toll Brothers, completed the sale, contributing to notable activity in suburban Boston's real estate market.

Players

Harbor Group International
Harbor Group International
BUYER
Toll Brothers
Toll Brothers
SELLER

Details

SOLD
IMAGE: Douglas C. Yearley Jr. & Jordan E. Slone DATE: 05/05/2025 ADDRESS: 275 Second Avenue MARKET: Needham, MA ASSET TYPE: Multifamily BUYER: Jordan E. Slone - Harbor Group International SELLER: Douglas C. Yearley Jr. - Toll Brothers (@TollBrothers) SALE PRICE: $182,000,000 UNITS: 390 ~ PPU: $466,667 NOTE: Harbor Group International acquired The Kendrick, a 390-unit apartment complex in Needham, MA, for $182 million, marking one of the largest suburban Boston real estate transactions in recent years.

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