Harbor Group International is under contract to acquire five 1970s-era multifamily properties in Greater Boston for $740 million. The assets total over 2,700 units of housing. Prior to the purchase, HGI held 978 units in the area.

As of July 2025, the acquired portfolio was over 95% occupied.

“The addition of these communities will deepen HGI’s presence within the Boston area, a market exhibiting robust multifamily fundamentals where we already have a strong operating footprint,” Yisroel Berg, chief investment officer of multifamily for HGI, said in a press release. “With limited new supply in the surrounding areas of each property, we will be well-positioned to leverage our local market knowledge to maintain stable occupancy levels and implement targeted renovations that enhance the resident experience.”