Harbor Group International and Azure Partners landed $110 million in financing for their purchase of Eaves Nanuet, a 504-unit multifamily community located in the town of Nanuet in Rockland County, N.Y., Commercial Observer can first report. The five-year acquisition loan was provided by New York Community Bank.
Commercial Observer: Meridian Negotiates $110M NYCB Loan for Rockland County Multifamily Buy
About HGI
Harbor Group International (HGI) is a leading global real estate investment and management firm. With $20 billion1 in real estate investment properties, the firm invests in and manages diversified property portfolios including office, retail, and multifamily properties. With over 38 years of experience in the industry and approximately 1,500 employees worldwide, HGI continues to look for real estate investment opportunities.
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Harbor Group International controls $20 billion1 in real estate investments and is constantly exploring real estate investment opportunities in the worldwide market.
Harbor Group International, LLC provides real estate management and real estate investment services and is not affiliated with Harbour Group Industries, Inc. (whose web site may be found at www.HarbourGroup.com), which offers investment services in connection with the acquisition, development and operation of industrial and manufacturing companies.
1Total capitalized value of underlying assets of $20 billion includes direct real estate and private funds as of 12/31/2022. AUM includes assets under management of HGI’s affiliate, HGI Capital Management, LLC.