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Lion Real Estate Group Acquires Collier Ridge Apartment Community in West Buckhead Neighborhood of Atlanta for $67 Million

ATLANTA, GA - Lion Real Estate Group, a real estate investment and asset management firm focused on acquiring value-add and opportunistic multifamily properties, announced it has acquired Collier Ridge (100 Noble Creek Drive), a 300-unit multifamily property located in West Buckhead, Atlanta, GA, for $67 million. Further terms of the sale were not disclosed. The property, which was first built in 1980, offers full amenities, including a resort-style pool, lit tennis court, playground, fitness center, and dog park. The transaction reflects a price of $223,000 per unit, or $157 per square foot. We are delighted to expand the Atlanta section of our portfolio with another acquisition outside of the city s urban core, said Jeff Weller, Co-Founder and Managing Principal of LREG. The city has become a domestic leader in terms of job prospects, rent collection resiliency, and multifamily market performance, making it an attractive destination to deploy capital and realize pro

Lion Real Estate Group Acquires Collier Ridge in Atlanta for $67 Million

Lion Real Estate Group Acquires Collier Ridge in Atlanta for $67 Million
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Lion Real Estate Group Completes Sale of 3317 Exposition Place in Los Angeles for $22 5 Million

Share this article DALLAS, April 1 2021 /PRNewswire/ Lion Real Estate Group, LLC ( LREG ), a real estate investment and asset management firm focused on acquiring value-add and opportunistic multifamily properties, today announced the sale of 3317 Exposition Place in Los Angeles to Luzzatto Company, Inc. for $22,515,000. The transaction reflects a three-fold multiple on capital invested just over three years, bringing the estimated value of LREG s real estate and cash assets under management to approximately $1 billion as of March 31, 2021. Located in Los Angeles West Adams District and close to Metro Rail s Expo/Crenshaw station, 3317 Exposition Place is a two-story, dual-building site comprised of 29,759 square feet. The property has been occupied by current tenant and luxury online retailer, TheRealReal, since May 2019.

Luzzatto buys TheRealReal office building in Leimert Park

Luzzatto buys TheRealReal office building in Leimert Park
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Lion Real Estate Group Completes Sale of 3317 Exposition Place in Los Angeles for $22 5 Million

Lion Real Estate Group Completes Sale of 3317 Exposition Place in Los Angeles for $22 5 Million
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