Harbor Group International

999 Waterside Drive
Norfolk, VA 23510

Website: harborg.com

Firm Size

• Assets Under Management (AUM):$2 Billion
• Number of Funds:101
• Employees:277
• Firm Type:Private Equity
• Focus Areas:

Description

Harbor Group International, LLC is a real estate investment and management firm based in Norfolk, Virginia. The company specializes in the acquisition, development, and management of commercial and multifamily properties throughout the United States. Founded in 1985, Harbor Group International has grown to become a leading player in the industry, with a diverse portfolio of properties that includes office buildings, retail centers, and apartment complexes. Their team of experienced professionals focuses on identifying investment opportunities, implementing value-add strategies, and maximizing returns for their investors. Harbor Group International takes a hands-on approach to property management, utilizing their expertise to enhance the value of their assets and provide exceptional tenant experiences. With a commitment to innovation and industry knowledge, they have built a strong reputation as a trusted leader in the real estate sector.

Latest News

Powered by

Jun 03, 2024: Harbor Group International Acquires Jacksonville Multifamily Community
Affiliates of Harbor Group International, LLC ("HGI"), a privately owned international real estate investment and management firm, today announced the acquisition of Ascend at Durbin Creek, a newly-built 350-unit multifamily property located in the South Jacksonville suburb of St. Johns, Florida . The property is in lease-up and 86.5% occupied as of May 2024 and has averaged 20 new leases per month over the past year, demonstrating strong lease-up performance and demand for high-quality apartment housing in the Jacksonville market.

Feb 08, 2024: Harbor Group International Acquires Colorado Multifamily Portfolio
Affiliates of Harbor Group International, LLC ("HGI"), a privately owned international real estate investment and management firm, today announced the $132.5 million acquisition of a two-asset multifamily portfolio in Denver, Colorado . The portfolio consists of two Class A newly developed properties, Ladora Modern and Prospector Modern. The acquisition of the two properties brings HGI's Denver property count to ten total assets.

Nov 14, 2023: Harbor Group International Funds Single Family Rental Development Near Myrtle Beach
Affiliates of Harbor Group International, LLC ("HGI"), a privately owned international real estate investment and management firm, and Wakefield Residential an affiliate of L.M.Sandler & Sons, a premier build-to-rent and multifamily development company, today announced the joint venture for the ground-up development of Egret Landing, a 198-unit single family rental community in Calabash, North Carolina . Construction is underway and is expected to be completed in 2025.

Nov 02, 2023: Cantor Fitzgerald and Harbor Group International Expand Relationship with Joint Venture to Acquire Westchester Multifamily Community
A joint venture between affiliates of Cantor Fitzgerald L.P. ("Cantor Fitzgerald"), a globally recognized financial services and real estate investment company, and Harbor Group International, LLC ("HGI"), a privately owned international real estate investment and management firm today announced the acquisition of Avalon Mamaroneck, a 229-unit Class A multifamily community in the Westchester County suburb of Mamaroneck, New York .

Aug 25, 2023: Harbor Group International Acquires Myrtle Beach Multifamily Community
Affiliates of Harbor Group International, LLC ("HGI"), a privately owned international real estate investment and management firm, today announced the $64.4 million acquisition of Artisan Carolina Forest, a 276-unit multifamily community in Myrtle Beach, S.C. This transaction represents HGI's second acquisition of a newly built multifamily property in one week following the acquisition of The Warner in Austin, Texas .

Aug 21, 2023: Harbor Group International Reenters Austin Multifamily Market with North Austin Acquisition
 Harbor Group International, LLC ("HGI"), a privately owned international real estate investment and management firm, today announced the acquisition of The Warner, a 336-unit luxury multifamily community in Round Rock, Texas , a suburb of North Austin . The acquisition marks HGI's reentry into the Austin Market and expands the firm's Texas multifamily portfolio, which is comprised of 8,647 apartment units.

Aug 08, 2023: Harbor Group International Sells Multifamily Portfolio in Boston
Harbor Group International, LLC ("HGI"), a privately owned international real estate investment and management firm, today announced the sale of a portfolio comprising six multifamily assets and 1,722 apartment units in the greater Boston area. HGI acquired the portfolio in 2019 for $384 million and instituted a $13.6 million capital improvement program to renovate interior units, upgrade property amenities, address outstanding deferred maintenance items and enhance overall curb appeal. Newmark represented HGI in the disposition. 

Jun 29, 2023: Harbor Group International Grows South Florida Portfolio with Acquisition of New Multifamily Development
Affiliates of Harbor Group International, LLC ("HGI"), a privately owned international real estate investment and management firm, today announced the acquisition of Pine Ridge, a 288-unit, newly developed multifamily community in West Palm Beach, Fla. The acquisition marks HGI's second acquisition in the West Palm market this month, following the purchase of Locklyn West Palm .

Jun 22, 2023: Harbor Group International Acquires West Palm Beach Multifamily Community
Affiliates of Harbor Group International, LLC ("HGI"), a privately owned international real estate investment and management firm, today announced the acquisition of Locklyn West Palm , a newly developed multifamily community in West Palm Beach, Fla. Comprising 280 units, the community adds to HGI's growing footprint in South Florida , which now totals more than 3,800 apartment homes across 15 properties.

Jun 21, 2023: Harbor Group International Names Matt Jones as Chief Investment Officer - Credit Investments
Harbor Group International, LLC ("HGI"), a privately owned international real estate investment and management firm, today announced the appointment of Matt Jones , CFA®, to Chief Investment Officer – Credit Investments. In the newly created role, he will lead the credit investment team, spearheading strategy, sourcing investment opportunities, managing the due diligence process, sourcing financing relationships and closing transactions.

May 11, 2023: CIVITAS CAPITAL COMPLETES SALE OF MEZZO DALLAS MULTIFAMILY DEVELOPMENT
Civitas Capital Group , a Dallas -based alternative investment manager, has completed the sale of the luxury, high-design rental property Mezzo Dallas to Harbor Group International.

Apr 27, 2023: Harbor Group International Acquires North Dallas Multifamily Property
Affiliates of Harbor Group International, LLC ("HGI"), a privately owned international real estate investment and management firm, announced the acquisition of Mezzo ("the Property"), a 378 - unit, Class A multifamily property in Aubrey, Texas . Built in 2022, Mezzo consists of twelve three-story buildings and a clubhouse. Newmark facilitated the transaction, with Henry Stimler , Bill Weber and Matt Mense arranging the debt and Brian Murphy and Brian Oboyle brokering the sale.  

Apr 12, 2023: Harbor Group International Sells Multifamily Community in Washington D.C. Submarket
Harbor Group International, LLC ("HGI"), a privately owned international real estate investment and management firm, today announced the sale of Sussex at Kingstowne , a 556-unit multifamily community in Alexandria, Va. , a Washington, D.C. suburb.

Apr 04, 2023: Scott Adams Joins Harbor Group International as Senior Vice President - Investor Relations
Harbor Group International, LLC ("HGI"), a privately owned international real estate investment and management firm, today announced that Scott Adams has joined the firm as Senior Vice President – Investor Relations. In this role, Mr. Adams initially will focus on capital raising efforts in the Mid-Atlantic region of the United States as HGI continues to build and maintain the firm's worldwide network of institutional, corporate, family office and high-net-worth investors. He is based in HGI's Norfolk, VA office.