AH Realty Trust Strikes $562 Million Deal to Sell 11 Multifamily Assets to Harbor Group

Overview

• The binding agreement requires a $15 million nonrefundable deposit at signing and carries no buyer financing contingency.
• Closing is targeted for mid-2026 subject to customary conditions, formalizing a letter of intent disclosed in February.
• The sale covers nearly the entire apartment portfolio, with Smith’s Landing retained and The Everly and Solis Gainesville to be marketed.
• AH plans to exit construction and real‑estate financing operations and is in advanced talks to sell two financing investments for about $63 million.
• The 11 properties total roughly 2,433 units across Virginia, Maryland, North Carolina and Georgia, and buyer HGI oversees about $21 billion in assets with approximately 62,000 U.S. apartment units.