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Harbor Group International, The Garrett Companies and Telis Group Form Joint Venture to Recapitalize 11-Asset Multifamily Portfolio - Walker & Dunlop (NYSE:WD)

Summary by Benzinga
Portfolio spans 2,192 units with a total capitalization of $630.5 million NORFOLK, Va., Jan. 15, 2025 /PRNewswire/ -- Affiliates of Harbor Group International, LLC ("HGI"), a privately owned international real estate investment and management firm, today announced a joint venture with The Garrett Companies and Telis Group to fund the $630.5 million recapitalization of an 11-asset multifamily development portfolio. The transaction involved a com…
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