Harbor Group International Purchases 300-Unit Livano Canyon Falls In Northlake From Northlake Residence LLC

The multifamily property, Livano Canyon Falls, consisting of 300 units, is located at 12000 FM 1171 in Northlake, Texas. The average unit size is 1,015 square feet, and the property includes resort-style amenities. It is situated near major corporate hubs such as Charles Schwab and AllianceTexas.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: Not specified
• Buyer: Harbor Group International LLC
• Seller: Northlake Residence LLC
• Brokers: Drew Kile, Joey Tumminello, Michael Ware, Shelby Clark & Taylor Hill - Institutional Property Advisors
• Mortgage Brokers: Brian Eisendrath, Cameron Chalfante, Harry Krieger & Tyler Johnson - Institutional Property Advisors

Harbor Group International LLC acquired Livano Canyon Falls from Northlake Residence LLC. The transaction was facilitated by Institutional Property Advisors, which also arranged financing for the deal, showcasing their expertise in the multifamily sector.