Lion Real Estate Group, LLC, based in Dallas, has acquired Bradford Woods, a 312-unit multifamily property in Nashville, Tennessee, for an undisclosed amount. This acquisition bolsters the company’s presence in the Nashville market, expanding its multifamily portfolio to 26 communities across five states.
Rebranding and Value-Add Strategies
The newly acquired property will be rebranded as “The Grove Brentwood.” Lion Real Estate Group plans to implement value-add strategies through its vertically integrated team. The community, located at 5242 Edmondson Pike, features various unit types ranging from one to four bedrooms, appealing to a broad spectrum of tenants.
Prime Location and Amenities
Situated in the Creive Hall neighborhood, The Grove Brentwood is surrounded by parks, shopping, dining, and entertainment options. Its proximity to downtown Nashville, Belmont University, Nashville International Airport, and TriStar Southern Hills Medical Center, via Interstate 65 and Highway 41A, enhances its appeal.
Successful Acquisition Strategy
The acquisition was facilitated by Lion Real Estate Group’s strong market relationships and the assumption of a Fannie Mae loan at a favorable leverage point. This transaction, brokered by Walker & Dunlop’s Nashville office, underscores the firm’s reputation and conservative approach in the multifamily sector.
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By Proptechbuzz
By Ravi Kumar
