HGI Buys Baltimore Apartments For $190M

Harbor Group International has purchased a multifamily portfolio in the Baltimore area for $190 million.

Harbor Group International (HGI) has purchased a multifamily portfolio in the Baltimore area for $190 million, GlobeSt reports. The portfolio of six apartment complexes was sold by an affiliate of Sawyer Realty Holdings. Al Cissel and Scott Melnick of Jones Lang LaSalle brokered the purchases. HGI may invest an additional $7.75 million in the portfolio, which includes Crosswinds Road, Diamond Ridge and the Glens at Rolling Road.

Click here for the story from GlobeSt.

Click here for additional coverage from Business Journal.