Harbor Group International Closes $1.85 Billion Acquisition of 36 Properties In 8 States

    By Mergers, Acquisitions & Strategic Alliances

    Kaufman & Canoles, P.C. congratulates Harbor Group International, which recently closed the 5th largest multi-family real estate portfolio transaction in history in the United States. Harbor Group acquired the 13,243 units in the South and Southwest from seller Aragon Holdings. Harbor Group, formed in 1985, controls $12.5 billion in real estate investment properties and is constantly exploring real estate investment opportunities in the worldwide market. With David Delpierre leading the Kaufman & Canoles team, Brandon S. Allred, Paul K. Campsen, Laura D. Rixey, and L. Scott Seymour assisted in the transaction.

    Kaufman & Canoles is proud of its long-standing relationship with Harbor Group and is pleased to have served as corporate counsel for the transaction, which involved interaction with dozens of other law firms, including several located overseas, as well as negotiation with lenders and other stakeholders. Our Mergers, Acquisitions & Strategic Alliances Team is experienced in every aspect of negotiating and documenting all types of transactions, including private equity, real estate finance, mergers, acquisitions, leveraged buyouts, divestitures, joint ventures and strategic alliances. Kaufman & Canoles’ representation of Harbor Group has included fund formation and the acquisition of several significant REIT portfolios.

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