Harbor Group Acquires $562M Multifamily Portfolio from AH Realty Trust
Key Questions
What did Harbor Group acquire from AH Realty Trust?
Harbor Group International (HGI) acquired an 11-property multifamily portfolio valued at $562 million in cash. The deal marks HGI as the leading multifamily buyer in 2025 with $2.6 billion in transaction volume.
Why is AH Realty Trust selling its multifamily assets?
AH Realty Trust is pivoting its strategy toward retail real estate investments. This shift is part of a massive change for the REIT, which previously focused on building and financing properties.
What does this transaction indicate about the multifamily market?
The all-cash deal reinforces the active multifamily investment market despite broader REIT shifts. It highlights strong buyer interest, with HGI leading 2025 acquisitions amid retail's rising attractiveness.
HGI buys 11 properties for $562M cash from AHRT (pivoting to retail), reinforcing active multifamily market and REIT shifts; HGI leads 2025 buyers at $2.6B vol.