US·Acquisition·Multifamily
LeFrak buys 337-unit Harbour at New River in Fort Lauderdale for $180M
Value
$180M
Location
Fort Lauderdale, Broward County, Florida
Date
2026-05-04
Companies
LeFrak Organization, Related Group, Rabina Properties, Northwestern Mutual
LeFrak Organization purchased Harbour at New River Apartments, a 36-story, 337-unit apartment tower at 401 Southwest First Avenue in downtown Fort Lauderdale, for $180 million. The sellers were Related Group and Rabina Properties. The acquisition was financed with a $100 million loan from Northwestern Mutual with a 2036 maturity.
fort lauderdalemultifamilyacquisitionfinancing
Source
The Real Deal