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Cross-Office Team Closes $1.85 Billion Apartment Portfolio Acquisition for Harbor Group International

Cross-Office Team Closes $1.85 Billion Apartment Portfolio Acquisition for Harbor Group International

Jan 17, 2020
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A BCLP cross-office team was instrumental in closing an historically large and complex acquisition of 36 apartment projects by client Harbor Group International from Aragon Holdings LLC.

The deal comprised 13,243 units in eight states, including Arizona, Colorado, Texas, Missouri, New Mexico, Utah, Georgia and Florida. This acquisition is the fifth-largest apartment portfolio sale ever and the largest since 2016. Harbor Group is actively pursuing similar types of transactions.

As client manager for Harbor Group, Partner Mark Mersel (Irvine) assembled a team of real estate and finance lawyers including Holly Lopez (Irvine), Cassandra Foster (Denver), Vyas Suresh (St. Louis), Jay Latzak (Atlanta), Mica Germain (Atlanta), Lars Lagerman (Phoenix) and Ali Elliott (Phoenix).

Meet The Team

This material is not comprehensive, is for informational purposes only, and is not legal advice. Your use or receipt of this material does not create an attorney-client relationship between us. If you require legal advice, you should consult an attorney regarding your particular circumstances. The choice of a lawyer is an important decision and should not be based solely upon advertisements. This material may be “Attorney Advertising” under the ethics and professional rules of certain jurisdictions. For advertising purposes, St. Louis, Missouri, is designated BCLP’s principal office and Kathrine Dixon (kathrine.dixon@bclplaw.com) as the responsible attorney.