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FUNDRAISING NEWS | January 03, 2025
Norfolk, VA-based global real estate investment and management firm Harbor Group International is targeting $299.1M for its 19th real estate opportunity fund.
In a December 31, 2024, filing with the SEC, Harbor Group said it has so far raised $10M for HGI Opportunity Fund XIX, with commitments from 20 investors. Harbor Group started the sale of the fund on December 9, and indicated that the sales process is not expected to surpass a year. The minimum investment for the fund was set at $1,000.
Harbor Group targets diverse assets, including office, retail and multifamily properties. It managed $19B of assets as at the end of the third quarter of 2024, according to its website, and operates out of offices in Norfolk, Baltimore, New York, Los Angeles, and Tel Aviv.
Written By: Dakota
October 28, 2024
December 11, 2024
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