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

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.