Lion Real Estate Group (‘Lion’) is a real estate investment and asset management firm focused on acquiring multifamily and creative office properties founded by Jeff Weller and Mory Barak in 2007.
Lion manages 27 properties nationwide and holds an estimated $900 million in assets including the Arts District’s Brown Stone Lofts and the serine East View Apartments on Boylston.
This quarter, Lion has announced it will be moving its headquarters away from their commercial kin at 600 Wilshire Blvd in DTLA to Dallas Texas.
Although the firm has taken space at 3811 Turtle Creek Blvd., less than five miles from Dallas’ Main Street District, it will retain its Los Angeles office to support West Coast operations.
“The decision to relocate our corporate headquarters to Dallas aligns with our strategy of acquiring desirable multifamily assets outside of the urban core, both here in Texas and in other high-growth cities across the Sunbelt and Southeast,” said Jeff Weller, Co-Founder and Managing Principal of LREG.
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“We also feel that the move will help us expand our network of family offices and High Net Worth individuals that are seeing the type of bespoke, long-term real estate investment opportunities that we offer on a one-off basis and via our Lion Funds.”
“We are proactively on the lookout for attractive multi-family housing properties in areas with attractive economic prospects, extensive amenities, and convenient access to a mix of urban centers and major freeways in strong growth markets,” said Mory Barak, Co-Founder and Managing Principal of LREG.
“Having a physical presence in Dallas-Fort Worth-Arlington checks many of these boxes and will improve our ability to secure direct deals on attractive terms with strong potential rates of return.”
Be it Texas or California, Lion will continue to leverage its principals’ experience to create value for investors through renovation, repositioning, better management and optimum capitalization of its properties.