News Formal

Lion Real Estate Group closes multifamily fund with over $200M - Dallas Business Journal

  • 📰 DallasBizNews
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

The new fund will execute LREG's strategy of acquiring value-add multifamily real estate throughout the Sun Belt.

"We are extremely pleased to have closed our latest fund," Jeff Weller, co-founder and Managing Principal of LREG, said in the release."This is an opportune time for a firm of our size to be buying multifamily assets which can be a great source of risk-adjusted returns and also provide tax efficiencies for our LP base.

According to the release, LREG Multifamily Fund II, follows Marble Partners Fund I, LP, which purchased over $500 million for 15 real estate assets and 3,503 units. "The macroeconomic factors of rising interest rates and inflation that are currently playing out in the U.S. mean that we are seeing, in cases, a 20% discount in our target assets," Mory Barak, co-founder and Managing Principal of LREG, said in the release."The overall health of this sector is very strong, with higher occupancy rates and lower rent volatility than other real asset classes.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 525. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

'Dallas treasure' Allie Beth Allman honored for lifetime of achievement - Dallas Business JournalIn his introduction of Allie Beth Allman, NFL Hall of Famer and ESPN broadcaster Troy Aikman called her “a Dallas treasure,” who represents “A Who’s Who list of clients.”
Fonte: DallasBizNews - 🏆 525. / 51 Consulte Mais informação »

Quiet quitting is on the rise and causing headaches for employers - Dallas Business JournalExperts say quiet quitting isn't new. But it's causing new headaches for employers in the Covid-19 era job market.
Fonte: DallasBizNews - 🏆 525. / 51 Consulte Mais informação »

PGA of America's CEO: Why golf has never been in better shape - Dallas Business JournalSeth Waugh, CEO of the PGA of America, spoke about the current state of golf and the 'real possibility' that the Ryder Cup will be coming to Frisco in the future.
Fonte: DallasBizNews - 🏆 525. / 51 Consulte Mais informação »

RailPros continues to grow, plans to hire 200 employees this year - Dallas Business JournalCEO Ken Koff attributed the resilience of RailPros during the economic downturn to its employees and a never-ending need for infrastructure improvements across the U.S.
Fonte: DallasBizNews - 🏆 525. / 51 Consulte Mais informação »