The pool at Spice Creek, surrounded by black metal fending and brown and gray low-rise buildings with black roofing.

Harbor Group International Acquires 828-Unit Portfolio in San Antonio

by Channing Hamilton

SAN ANTONIO — Harbor Group International has acquired a three-property portfolio totaling 828 units in San Antonio from Texas-based Multifamily Acquisition Advisors and Irvine, California-based Blackhawk Property Holdings.

The sale was brokered by Newmark, with Senior Managing Director Matt Michelson representing the sellers. Executive Managing Directors Henry Stimler, William Weber and Matt Mense, Senior Managing Director Ari Schwartzbard and Vice President Daniel Sarsfield arranged a loan on behalf of HGI through Freddie Mac. The assets sold for an undisclosed price.

The portfolio includes three garden-style properties: Spice Creek, The Clara and The Maxwell. All three properties, located throughout the San Antonio metro area, offer one- and two-bedroom floor plans and amenities such as pools, picnic areas with grills, clubhouses and fitness centers.

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