News
LEM Capital, L.P. (“LEM”), a real estate fund manager with more than $665 million of committed capital, has funded a $4.3 million joint venture investment for the acquisition and upgrade of an apartment complex in Austin, Texas. The venture acquired The Palms at Walnut Creek, a 284 unit multifamily property which will be rebranded as […]
LEM Capital, L.P. (“LEM”), a real estate fund manager with more than $590 million of committed capital, has funded a $6.2 million joint venture investment for the acquisition and upgrade of an apartment complex in La Habra, California. The venture acquired Il Pompeii Apartments, a 111 unit multifamily property. Plans are to execute a value-add […]
LEM Capital, L.P. (“LEM”), a real estate fund manager with more than $590 million of committed capital, has funded a $3.5 million joint venture investment for the acquisition and upgrade of an apartment complex in Champions, a submarket of Houston, Texas. The venture is acquiring Champions Green Apartments, a 192 unit multi-family property, and plans […]
LEM Capital, L.P. (“LEM”), a real estate fund manager with more than $500 million of invested and committed capital under management, has made an $8.9 million joint venture investment for the acquisition of Highpoint Club Apartments, a 348 unit townhouse style apartment complex located in the Waterford Lakes neighborhood of the University/East Orange submarket in […]
LEM Capital, L.P. (“LEM”), a real estate fund manager with more than $500 million of invested and committed capital under management, has funded a $3.8 million joint venture investment involving an apartment complex in Canoga Park, California. The venture is acquiring Park Place, a 61 unit multi-family property, and plans interior and exterior improvements to […]
LEM Capital, L.P. (“LEM”), a real estate fund manager with more than $500 million of invested and committed capital under management, has funded a $4.2 million joint venture investment involving an apartment complex in Canoga Park, California. The venture is acquiring Siena at West Hills, a 112 unit multi-family property, and plans interior and exterior […]
LEM Capital, L.P. (“LEM”) is pleased to announce the closing of a $5.9 million joint venture investment in connection with the acquisition of the Lakes of Northdale Apartments, a 216 unit multifamily property located in the Carrollwood submarket of Tampa, Florida. LEM’s operating partner in the transaction plans a “value-add” business plan for the property, […]
LEM Capital, L.P. (“LEM”) is pleased to announce the hiring of two Associates and a Research Analyst who will join the firm’s origination platform. “Our new team members will strengthen our origination capabilities and give us additional bench strength as we continue to ramp up originations in 2012,” said Herb Miller, a founding partner at […]
LEM Capital, L.P. (“LEM”) is pleased to announce the launch of the firm’s Participating Senior Equity Program. “Our ability to provide up to 80% of the equity enables us to meet the needs of our partners as they acquire new properties, infuse new capital into existing assets or restructure existing deals with lenders,” said Jay […]