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Lion Real Estate Group has closed on its second fund that will be used to acquire communities across Sun Belt states. The firm closed its LREG Multifamily Fund II at more than $200 million raised. The fund saw its first closing in September 2021 but has since seen funds raised from a mix of family offices, high-net-worth investors and the firm’s capital. The firm told Multi-Housing News that the fund comprised returning investors.

 

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