News

Philadelphia, PA – LEM Capital, L.P. (“LEM”), has closed a $6.4 million joint venture investment for the acquisition and upgrade of an apartment complex in Houston, Texas. The venture acquired Legacy at Westchase, a 324-unit multifamily property. Plans are to execute a value- add strategy for the property which will include addressing deferred maintenance, updating […]

Philadelphia, PA – LEM Capital, L.P. (“LEM”), a real estate fund manager with more than $690 million of committed capital, has funded $8.3 million for the acquisition and renovation of Montclair Heights (the “Property”), a 174-unit apartment complex in the Renton submarket of Seattle, Washington. The property was acquired in partnership with TruAmerica Multifamily, an […]

Philadelphia, PA – LEM Capital, L.P. (“LEM”) is pleased to announce the hiring of Christopher Klare as Director – Capital Markets to lead the firm’s investor relations and marketing efforts. In his new role, Chris will coordinate communications, marketing and relationship building efforts with LEM’s existing and prospective investors. “Chris brings a strong real estate […]

Philadelphia, PA – LEM Capital, L.P. (“LEM”) today announced the successful final close of the firm’s third private equity fund (“Fund III”), with $226 million of capital commitments from state, municipal and union pension plans, endowments, foundations, family offices and high net worth investors. With the closing of Fund III, LEM’s committed capital from its […]

Philadelphia, PA – LEM Capital, L.P. (“LEM”), a real estate fund manager with more than $690 million of committed capital, has funded $3.7 million for the acquisition and upgrade of Cottages at Well Branch (“Cottages” or “the Property”), a 167-unit apartment complex in the Wells Branch submarket of Austin, Texas. The deal was acquired in […]

LEM Capital, L.P. (“LEM”), a real estate fund manager based in Philadelphia, has invested over $110 million of equity in 23 multifamily properties with over 4,600 units since it began investing its third private equity fund in March 2012. All of the investments involve a value-add strategy, which typically includes interior and exterior renovations as […]

LEM Capital, L.P. (“LEM”) has funded a $4.0 million joint venture investment for the acquisition and upgrade of an apartment complex in Garland, Texas. The venture acquired Brentwood Trace, a 198-unit multifamily property, completing a five property portfolio acquisition totaling 969 units including four other properties in Round Rock and San Antonio, Texas. The portfolio […]

LEM Capital, L.P. (“LEM”), a real estate fund manager with more than $670 million of committed capital, has funded a $7.9 million joint venture investment for the acquisition and upgrade of an apartment complex in North Arlington, Texas. The venture acquired Verandahs at Cliffside, a 538-unit multifamily property. Plans are to execute a value-add strategy […]

LEM Capital, L.P. (“LEM”), a real estate fund manager with more than $670 million of committed capital, has funded a $16.3 million joint venture investment for the acquisition and upgrade of a four apartment portfolio in Texas. The portfolio totals 771 units, with 388 units in two properties in Austin, Texas and 383 units in […]

LEM Capital, L.P. (“LEM”), a real estate fund manager with more than $665 million of committed capital, has funded a $3.8 million joint venture investment for the acquisition and upgrade of an apartment complex in Houston, Texas. The venture acquired Tivoli Apartments, a 157-unit multifamily property. Plans are to execute a value-add strategy for the […]