Harbor Group International, LLC and Azure Partners acquired Avalon Green, a garden-style multifamily community in Elmsford from AvalonBay Communities, Inc. (NYSE:AVB) for approximately $310 million on July 25, 2022. Meridian Capital Group negotiated the transaction with a team led by Abe Hirsch, Zev Karpel and Sean Anderson.
Harbor Group International, LLC and Azure Partners completed the acquisition of Avalon Green, a garden-style multifamily community in Elmsford from AvalonBay Communities, Inc. (NYSE:AVB) on July 25, 2022. AvalonBay Communities, Inc. intends to use the proceeds from the disposition of the three phases of Avalon Green for the acquisition of a wholly-owned community located in Florida, which is currently under contract and expected to close in the three months ended September 30, 2022.