Harbor Group International acquires class A multifamily property in Miami

Affiliates of Harbor Group International (HGI), a privately owned international real estate investment and management firm, have acquired a 372-unit, class A multifamily property in Miami.

HGI paid $184.5 million for the asset known as Miro Brickell, which is located in Miami’s Brickell neighborhood. Constructed in 2017, Miro Brickell’s amenities include outdoor electric grills, cabanas and a resort-style pool. Individual units include balconies and are equipped with stainless-steel appliances, energy-efficient washers and dryers, and modern finishes.

Miro Brickell is located close to Interstate 95 and Brickell’s Metrorail and Metromover stations, connecting residents to downtown Miami, downtown Doral and Miami International Airport.

The acquisition marks the seventh property now under HGI's ownership in Miami-Dade County, spanning more than 1,500 units.

“Miami is a priority market for HGI given its long-term multifamily fundamentals driven by cor