Harbour at New River Acquired by LeFrak Organization | Real Estate Services M&A Deal

LeFrak Organization has acquired Harbour at New River, a real estate services other business in Florida, for $180M. Harbour at New River is a multifamily tower asset in Fort Lauderdale that supports residential leasing and property operations within the real estate services M&A market. LeFrak Organization acquisitions reflect a strategic acquisition strategy focused on FL acquisitions and other acquisition opportunities in South Florida. Classified as an other acquisition deal, the strategic acquisition is valued at $180 million and fits broader real estate services deals FL activity by a strategic buyer.