Deal Ticker: Another California-Based Real Estate Firm Relocates to Dallas

Lion Real Estate Group, an investment firm focused on multifamily and creative office properties, has relocated its Los Angeles-based headquarters to Dallas. The firm has taken space at 3811 Turtle Creek Blvd. “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. Texas is already a key location for LREG, which has a national portfolio of 27 properties exceeding $900 million in estimated value as of Dec. 29, 2020. The firm owns five residential properties in the Lone Star State, including Embry Apartments (2210 Marsh Lane), a 151-unit multifamily property in Carrollton, 13 miles northwest of downtown Dallas. As of August 2020, Dallas-Fort Worth-Arlington is one of the nation’s 12 largest metropolitan statistical areas (U.S. Bureau of Labor Statistics). Late last year, CBRE also announced it was relocating from California to its new home base at 2100 McKinney Ave. in Dallas. Click to read more at