Harbor Group and CBRE Joint Venture Expand Greater Boston Footprint with $740 Million Acquisition of 2,700-Unit Multifamily Portfolio

NORFOLK, VA – Affiliates of Harbor Group International (“HGI”), a privately owned international real estate investment and management firm, together with CBRE Investment Management, announced the closing of four of the properties in a $740 million multifamily portfolio acquisition spanning five properties and 2,719 units across New England.
As one of the largest multifamily trades in New England this year, the transaction reflects the strength of the region’s rental housing market and builds on both firms’ established footprints in Greater Boston.
“The New England region continues to demonstrate some of the strongest multifamily fundamentals in the country,” said Yisroel Berg, Chief Investment Officer of Multifamily at HGI. “We are excited to partner with CBRE Investment Management and look forward to implementing this value-add strategy on behalf of both our investors and residents, while preserving the stable, high occupancies that made this portfolio so attractive.”
“This acquisition exemplifies our strategy of investing in attainable and high-quality multifamily assets in markets supported by strong demand drivers,” said Matt Tepper, Head of Americas, Indirect Real Estate Strategies at CBRE Investment Management. “Through our partnership with HGI, we are positioned to unlock value through thoughtful asset management while providing desirable housing to residents across Greater Boston.”
With this acquisition, HGI owns and manages more than 3,600 units in the Boston area and has executed approximately $2.2 billion in multifamily acquisitions year to date in 2025, reflecting the firm’s continued momentum in the sector.

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Treehaus Townhomes and Flats Off-Campus Student Housing Community Serving Clemson University Campus Starts Pre-Leasing

CLEMSON, SC – A new standard of student living is coming to Clemson. Treehaus Townhomes and Flats, a new off-campus student housing community, announced it is now pre-leasing for August 2026 go-ins. Inspired by the energy, tradition, and pride that define Clemson, Treehaus is a space where community comes naturally and students feel right at home.
“Treehaus is designed for a modern student lifestyle, rooted in Clemson spirit,” said a Treehaus representative. “We are making a place where students can stay grounded while thriving in a vibrant, connected community. We are thrilled to start pre-leasing and look forward to welcoming our first residents in 2026.”
Treehaus will offer a variety of floor plans, from cozy studios to expansive multi-bedroom townhomes, to suit every student’s needs. The apartments will come fully furnished with modern finishes, including private baths, queen-size beds, plank flooring, and in-unit washer/dryers. Each living area will feature a 65-inch TV, perfect for movie nights or watching the Tigers play.
At the heart of the Treehaus experience is Root + Rise, an exclusive wellness program designed to help residents recharge, reset, and rise. The state-of-the-art wellness center will feature red light therapy as well as a sauna and cold plunge for contrast therapy, a practice that can enhance mood by increasing dopamine by 250%. The center will also include a reformer Pilates studio, a yoga studio, a 24-hour fitness center, and pickleball courts.
In addition to its wellness amenities, Treehaus will offer a variety of features, including a resort-style pool, dog park, coffee lounge, content creator rooms, and study rooms. For convenient travel, a complimentary shuttle will provide transportation to and from the Clemson University campus. The shuttle will also offer weekend service to downtown from 10 p.m. to 2 a.m. and for gamedays.

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The NRP Group Announces New 105-Unit North & Valley Affordable Apartment Community in Fast-Growing North Las Vegas Market

LAS VEGAS, NV – The NRP Group, a vertically integrated, best-in-class developer, builder, and manager of multifamily housing, announced the financial closing and upcoming groundbreaking of a 105-unit affordable housing community in North Las Vegas. The new development, named North & Valley, is reserved for residents earning between 50% and 60% of the Area Median Income (AMI). It is located at the Southwest corner of Pecos and Rome in Clark County, adjacent to a 135-acre site designated by the City of Las Vegas as a medical office campus and job center.
The development site spans five acres and will comprise two, four-tale buildings with a mix of one-, two-, and three-bedroom residences. The new community will help address a critical housing gap in North Las Vegas as one of the few affordable housing projects in the area designed to meet the needs of working professionals and growing families. The community will offer resort-style amenities.
Las Vegas is one of the fastest-growing regions in the country, yet housing supply hasn t kept up with demand, especially for working families, said The NRP Group Vice President of Development Mike Moriarty. This project marks NRP s first affordable housing development in Las Vegas, and we re proud to bring our 30 years of experience making high-quality communities to the region. As Las Vegas continues to experience explosive population growth and a deepening housing crisis, we re committed to being part of the long-term solution.
Located at 6555 N. Pecos Road, the development offers convenient access to Southern Nevada RTC s Downtown & Veterans Medical Center Express, with bus stops within a 10-minute walk providing rapid service to downtown and the VA campus.
Defying traditional standards for affordable housing, North & Valley is designed to mirror the aesthetic and amenity offerings comparable to The NRP Group s market-rate communities. Amenities will include a resort-style swimming pool, a rooftop terrace lounge on the fourth floor with ample seating and scenic views, and a vibrant outdoor playground. The architecture and site plot were designed with both comfort and community in mind, making an environment that promotes health, connection, and a sense of well-being.
Within each home, residents will delight in in-unit finishes such as stainless steel appliances, quartz countertops, designer cabinetry, wood-style flooring, and connections for washer and dryer setup. The NRP Group is also exploring opportunities to offer dedicated resident services and programming at the property, including a potential partnership with the nearby VA Hospital located just a half-mile away to build a pipeline of support for veterans.
Las Vegas remains a priority market for The NRP Group. The firm recently broke ground on Miraluna alongside development partner Rockefeller Group. The Class-A, 342-unit apartment community is located near the Southern Highlands Master-Plotted Community. By year-end, the firm will have broken ground on nearly 1,200 units across four developments in the Las Vegas market. The NRP Group has developed more than 62,000 apartment homes since 1994 and currently manages over 30,000 residential units across the U.S.
Financing for North & Valley apartments includes tax credit equity from US Bank, a construction-to-permanent loan from Deutsche Bank, as well as Growing Affordable Housing Program funds from the Nevada Housing Division, Clark County HOME and CHF funds, and City of North Las Vegas HOME funds.

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