Located in a secluded suburban neighborhood on Pamela Rd., Quarterfield Crossing is a garden-style multi-family property that sits just outside of Baltimore off I-97. Harbor Group spent $2 million upgrading the complex after purchasing it for just over $5 million in 1998. "Quarterfield Crossing Apartments represents a tremendous success for Harbor Group International," says company chairman and CEO Jordan Slone. "We implemented our comprehensive rehabilitation program and successfully executed our exit strategy." Harbor Group's renovations--which included the addition of a fitness center, leasing center and playground--have clearly caught the eye of residents; the property was 98% leased at the time of the transaction.
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