In total, the real estate investment firm purchased 12 properties totaling 3,100 apartments in Dallas and Houston. The deal is the largest in its company's history. Terms were undisclosed.
Harbor Group plans to invest another $10 million upgrading the interior apartments, enhance amenities for tenants and improve curb appeal.
The deal was part of Harbor Group's strategic plan to expand its investment and operational presence in major Texas markets, President T. Richard Litton Jr. said.
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