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New York & Tri-State  + Fairfield/Westchester  + Apartments  | 

Rockland Apartments Trade to Harbor Group for $54M

CBRE finalized the $54-million sale of The Henry, a 169-home luxury apartment community located in the Rockland County community of Pomona, NY. The CBRE team of Jeffrey Dunne, Gene Pride, Jeremy Neuer, Steve Bardsley, David Gavin and Travis Langer represented the seller, a joint venture between Spirit Investment Partners and The Bascom Group, while also procuring the buyer, an affiliate of Harbor Group International.

Built in 2001 and recently renovated, the highly amenitized community features a resident clubroom, pool and sundeck, billiards room, fitness center and basketball courts. The apartments have designer finishes with granite countertops, plank flooring, stainless steel appliances, tile backsplash and updated hardware and lighting. 

“We are pleased to represent Spirit Investment Partners and The Bascom Group in the sale of this asset,” said Dunne. “The offering received significant interest from a broad group of investors considering the quality of the asset and site constrained-location.”


Inside The Story

CBRE’s Dunne

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).