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Lion Real Estate Group Completes Sale of 3317 Exposition Place in Los Angeles for $22.5 Million


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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. ....

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Waco Makers: Homestead Heritage anchors a growing Waco craft scene


Editor’s note: As Americans this month rush the big-box stores and Amazon to check off their Christmas lists, the Tribune-Herald is taking a look at locals who make things the slow way. Starting today, we will profile local artisans and “makers,” and explore what motivates them, how they make a living and what they contribute to the growing local craft scene.
Yohannah Klingensmith passes the shuttle through a loom at the fiber arts workshop at Homestead Heritage.
Rod Aydelotte photos, Tribune-Herald
Mark Borman is explaining the appeal of making things for oneself as his coping saw bites into a corner of a board to be used inside a drawer. ....

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