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Lion Real Estate Spends $83M On 2 Atlanta Communities

by multihousingnews.com posted 2weeks ago 22 views
The deal marks the Los Angeles-based real estate investment firm’s first foray into the Atlanta market. : Real estate investment firm Lion Real Estate Group has purchased two apartment communities in Atlanta for $83.2 million. The properties were acquired from seller The RADCO Cos. and total 584 units across the two communities. The deal marks Los Angeles-based Lion Real Estate’s first foray into the Atlanta market. The transaction is part of RADCO’s seven-property sell-off in four separate transactions that was announced by the firm last week.

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