Harbor Group International Acquires Mezzo Multifamily In Aubrey, Texas For $54.5M

Harbor Group International has acquired Mezzo, a 378-unit multifamily community in Aubrey, Texas, from a joint venture between ZOM Living and Civitas Capital Group. The transaction, completed on 04/28/2023, included a $54.5 million Fannie Mae loan. Mezzo, a garden-style community completed in 2022, offers one-, two-, and three-bedroom units. It is located at 703 FM 1385 in the market of Aubrey, approximately 40 miles north of downtown Dallas. The property features amenities such as a fitness center, swimming pools, and coworking spaces.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $54.5 million
• Units: 378

Brian Murphy & Brian O’Boyle from Newmark represented both the buyer, Harbor Group International, and the sellers, ZOM Living and Civitas Capital Group, in this transaction. Henry Stimler, Bill Weber & Matt Mense from Newmark served as the mortgage brokers for the deal.