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Hamburg Apartments

Property Name: Hamburg Apartments
Location: Hamburg, Germany
Description: The Hamburg apartments are a multifamily residential complex providing 146 apartment units in four buildings. Built in the mid-1900s, these buildings were extensively renovated over the last ten years and are 100 percent leased. Behringer Harvard has the opportunity to convert these assets to condominiums and to develop up to ten additional high-end condominiums on the site.
Year Built: 1933 and 1954, renovated 1995 to present
Asset Size: 146 apartment units in 4 buildings
Acquisition Date: March, 2006
Investment of
Behringer Harvard
Fund(s):
Strategic Opportunity Fund II LP

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