Updated Aug 13, 2026
Lion Real Estate Group Acquires 241 Unit Multifamily Property In Houston For $29 Million
14504 Briar Forest Drive.
$29,000,000
Units
241
Asset Type
MultiFamily
Closing
Jun 4, 2025
About this deal
AI
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.
On the Map
$29,000,000
MultiFamily
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Players
Houston MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.55%
Cash-on-Cash
-0.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93