Dallas-based Lion Real Estate Group, LLC acquired Bradford Woods, a 312-unit multifamily property in Nashville, Tennessee, for an undisclosed price.
The latest purchase increases the company’s stake in the Nashville market and brings its multifamily portfolio to 26 communities across five states. They will re-brand the property as “The Grove Brentwood” and implement value-add techniques by utilizing their vertically integrated team.
The community, located at 5242 Edmondson Pike in Nashville, features many large unit types across the one-to-four-bedroom layouts. The unit sizes appeal to all types of tenants and the property is situated within the Creive Hall neighborhood, a charming community with high-quality schools.
The area is surrounded by parks, as well as popular shopping, dining, and entertainment options. Ideal proximity to many lifestyles needs adds to the appeal of renting at The Grove Brentwood. It’s a quick commute to downtown, Belmont University, Nashville International Airport, and TriStar Southern Hills Medical Center via nearby Interstate 65 and Highway 41A.
Lion successfully closed on this acquisition by harnessing close relationships in the market and by securing the assumption of a Fannie Mae loan at a strong leverage point. Both of which attest that the firm is led by respected veterans who value reputation and stick to a niche sector conservatively. Walker & Dunlop’s Nashville office brokered the transaction.
