BOCA RATON, FL - Harbor Group International, a privately-owned international real estate investment and management firm, announced the acquisition of The Heritage, a 248-unit, Class A multifamily community in Boca Raton, Fla., for $81 million. Newmark Knight Frank s Hampton Beebe and Avery Klann coordinated the sale. Meridian Capital s Abe Hirsh and Zev Karpel along with Newmark Knight Frank s Henry Stimler and Bill Weber coordinated the financing for the deal.
The Heritage consists of four mid-rise residential buildings located one mile west of Atlantic Ocean beaches. The property is near convenient transportation options, including Palmetto Park Road and I-95, providing access to the employment centers of West Palm Beach, Fort Lauderdale and Miami. The Heritage is also proximate to several shopping, recreation and entertainment options in the immediate area including Mizner Park and Town Center at Boca Raton Mall.
is the founder of
365 Connect, an award-winning technology firm within the multifamily housing industry. An acclaimed speaker, author, and award-winning podcaster, Kerry has been a guest lecturer, presenter, and panelist at numerous universities, conferences, and events. He has been featured on the
BBC Digital Planet program,
NPR News, and various media outlets. Kerry has contributed to an array of articles and studies on real estate and technology, presented in over 135 webcast reaching over one-million listeners from around the world, and is often quoted as an expert in technology.
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