Lion Real Estate Group Acquires 241 Unit Multifamily Property In Houston For $29 Million

The asset involved in the transaction is a multi-family property located at 14504 Briar Forest Drive, Houston, TX, comprising 241 units. The property has been sold for a price of $29,000,000.00.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $29,000,000.00
• Address: 14504 Briar Forest Drive
• Market: Houston, TX
• Units: 241
• Buyer: Lion Real Estate Group
• Seller: White Oak Partners

The transaction was facilitated by representatives from both parties, with Lion Real Estate Group acting as the buyer and White Oak Partners as the seller, making significant strides in the multi-family market within the Houston area.