Cantor Fitzgerald, L.P. and Harbor Group International, LLC acquired Avalon Mamaroneck from AvalonBay Communities, Inc. (NYSE:AVB) on November 2, 2023.CBRE represented the seller, AvalonBay Communities, with Jeff Dunne brokering the sale. Newmark?s Bill Weber and Henry Stimler introduced Cantor Fitzgerald and HGI and secured the financing for the acquisition.

Cantor Fitzgerald, L.P. and Harbor Group International, LLC completed the acquisition of Avalon Mamaroneck from AvalonBay Communities, Inc. (NYSE:AVB) for approximately $100 million on November 2, 2023. Avalon Mamaroneck was classified as held for sale as of September 30, 2023.