$66M Off-Market Deal Nets 696-Unit Portfolio

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BIRMINGHAM, AL-A little more than two years after acquiring Vista Apartments, Harbor Group International LLC has sold the 696-unit, three-property portfolio for $65.8 million. The class A complexes have gone to an affiliate of New Dawn Acquisition LLC in an off-market deal.

The just-sold package, developed between 1995 and 2000, is Vista Woods at 3801 Galleria Woods Dr., Vista Falls at 3851 Galleria Woods Dr. and Vista Hills at Galleria Woods Dr. Harbor Group acquired the trio in early 2005 for $50.32 million.