Norfolk-based Harbor Group International, LLC (HGI), is now the 30th largest owner of apartment properties in the country according to the 2018 rankings released by the National Multi Housing Council (NMHC). HGI’s ranked increased from 34th largest owner in 2017.
“HGI’s growth in 2017 is due in part to the acquisition of the $1.8 billion, 9,677-unit Beacon Portfolio, the largest private real estate transaction in the U.S. in 2017,” said Jordan Slone, Chairman & CEO of HGI.
NMHC, in partnership with Kingsley Associates, creates the list annually by surveying every real estate owner and manager in the United States.
Complete results and analysis of the NMHC Top 50 are available at http://nmhc.org/The-NMHC-50/.
Harbor Group International, LLC is a private real estate investment and management firm which controls a portfolio of worldwide assets valued at $7.3 billion. HGI is headquartered in Norfolk, Virginia with offices in New York, Baltimore, and Tel Aviv. The company’s real estate holdings include 4.8 million square feet of commercial properties and 30,000 apartment units. For additional information, please visit www.harborgroupint.com.