The property, known at Skyline New Rochelle, is a 40-story rental building with 588 apartments. The transaction marks the second time that the property has changed hands since 2013. The seller is Massachusetts firm DSF Group.

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About HGI

Harbor Group International (HGI) is a leading global real estate investment and management firm. With $12.5 billion in real estate investment properties, the firm invests in and manages diversified property portfolios including office, retail, and multifamily properties. With over 35 years of experience in the industry and over 1,000 employees worldwide, HGI continues to look for real estate investment opportunities.

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Harbor Group International controls $12.5 billion in real estate investments and is constantly exploring real estate investment opportunities in the worldwide market.