Harbor Capital Partners was engaged by Electra America, one of the fastest growing multi-family repositioners in the US, to source an equity partner for the acquisition of a 12-site property portfolio totaling more than 2,900 units. The purchase price of this off market acquisition exceeded $350 million.
Harbor was able to secure a single institutional investor, whose equity contribution totaled $112.5 million. This single transaction increased the property holdings of Electra America by over 20 percent. For more information, please see press release by clicking on link below: