Harbor Group Rakes In $73M For NJ Apartment Community

Law360, New York (July 17, 2017, 4:43 PM EDT) -- Real estate investor Harbor Group International LLC sold an apartment community near Princeton, New Jersey, to KRE Group, along with Oxford Realty Group, for more than $73 million, according to a statement on Monday from Holliday Fenoglio Fowler, which represented the sellers.

Harbor Group closed the sale the Addison at Princeton Meadows facility in Plainsboro, New Jersey, which consists of one- and two-bedroom garden-style apartments averaging 759 square feet each. New Jersey-based real estate firm Gebroe-Hammer arranged the sale on behalf of the seller and procured...
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