News

Philadelphia, PA – LEM Capital, L.P. (“LEM”), in collaboration with JLL’s Capital Markets group (“JLL”), hosted its third annual Charity Golf Benefit on Monday, July 22, 2024. The event, which again benefited Habitat for Humanity Philadelphia (“HFHP”), raised over $80,000. HFHP is an independently chartered affiliate of Habitat for Humanity International, the largest nonprofit homebuilder […]

Philadelphia, PA – LEM Capital, L.P. (“LEM”) has acquired Trail Ridge Flats and Townhomes (the “Property”), a 102-unit property formerly known as Eastglen Apartments, built in 1996 in Longmont, CO (“Longmont”).  LEM plans to execute a value-add business plan that will improve the Property’s unit interior finishes while simultaneously enhancing the existing amenity set and […]

Philadelphia, PA – LEM Capital, L.P. (“LEM”) recently announced the promotion of two team members to new positions in the Firm. Jenil Shah, a member of the Portfolio Management Team who helps oversee the Firm’s portfolio, was promoted to Associate. Kaderra Robinson, the Firm’s Operations Assistant who helps oversee IT, Investor Relations, and Office Operations, […]

Philadelphia, PA – LEM Capital, L.P. (“LEM” or the “Firm”) today reflected on a challenging 2023 and announced their 2024 multifamily acquisitions objectives. “We are optimistic that 2024 should be a more active acquisitions year and feel fortunate to have over $250 million of dry powder to deploy,” said Greg Biester, Partner, and Co-Head of […]

Philadelphia, PA – LEM Capital, L.P. (“LEM”) has acquired Collier on Swenson Farms (“Collier” or the “Property”), a 336-unit property built in 2008 in Austin, TX. The Property was acquired through a joint-venture partnership with a repeat operating partner with plans to execute a comprehensive value-add business plan. Collier is located in the Pflugerville / […]

Philadelphia, PA – LEM Capital, L.P. (“LEM”), in collaboration with JLL’s Capital Markets group (“JLL”), hosted its second annual Charity Golf Benefit on Monday, July 24, 2023, at the Philadelphia Country Club. The event, which again benefited Habitat for Humanity Philadelphia (“HFHP”), raised over $60,000. HFHP is an independently chartered affiliate of Habitat for Humanity […]

Philadelphia, PA – LEM Capital, L.P. (“LEM”) has acquired Verona View (the “Property”), a 293-unit multifamily community that was built in 1989. LEM, who intends to rebrand the property “The Atlantic Preserve”, plans to execute a comprehensive value-add business plan that will improve the Property’s exteriors, expand and modernize the amenity set, and improve the […]

Philadelphia, PA – LEM Capital, L.P. (“LEM”) recently announced the promotion of three team members to new positions in the Firm. Steven DiLemme, who leads the Accounting Team and has been with the Firm for 10 years, was promoted to Chief Accounting Officer. Stephen Wetherill, a member of the Acquisitions Team who covers the Atlanta, […]

Philadelphia, PA – LEM Capital, L.P. (“LEM” or the “Firm”) today announced the achievement of several milestones in 2022 and its transaction objectives for 2023. 2022 Accomplishments • Celebrated 20 years of operation • $1.1 billion+ in total transaction volume • 14 property sales totaling 3,400 units • 4 property acquisitions totaling 840 units • […]

Philadelphia, PA – LEM Capital, L.P. (“LEM”) has acquired Axiom Apartment Homes (“Axiom” or the “Property”), a 202-unit property built in 1987 in Charlotte, NC. The Property was acquired through a joint-venture partnership with a local repeat operating partner with plans to execute a comprehensive value-add business plan. Axiom is located in the East Charlotte […]