News

Philadelphia, PA – LEM Capital, L.P. (“LEM”) today announced the acquisition of its 100th multifamily property. The firm, which recently celebrated its 19th anniversary, has been investing exclusively in suburban value-add multifamily properties since 2011. “We are excited to announce our 100th multifamily acquisition,” said Jay Eisner, Co-Founder and Managing Partner of LEM. “We have […]

LEM Capital Acquires Atlanta, GA Property Philadelphia, PA – LEM Capital, L.P. (“LEM”) has acquired The Grace Apartment Homes (the “Property”), a 224-unit apartment community located in Southwest Atlanta and built in 2005.  LEM plans to execute a comprehensive value-add business plan to upgrade the Property’s interiors, exteriors, and amenities.  The Property was acquired in […]

Philadelphia, PA – LEM Capital, L.P. (“LEM”) recently announced the promotion of four senior team members to new leadership roles. •  Allison Bradshaw was promoted from Managing Director to Partner, Greg Biester was promoted from Director to Principal and Jennifer Clausen was promoted from Vice President to Principal. •  Ms. Bradshaw and Mr. Biester were […]

LEM Capital Recapitalizes Glendale, AZ property Philadelphia, PA – LEM Capital, L.P. (“LEM”) has acquired Paseo Park Apartments (the “Property”), a 480-unit apartment community located in the Glendale submarket of Phoenix that was built in 1987 and 1996.  LEM plans to execute a comprehensive value-add business plan to upgrade the Property’s interiors, exteriors, and amenities. […]

Philadelphia, PA – LEM Capital, L.P. (“LEM”) today announced the achievement of several important milestones in 2020 and its acquisition objectives for 2021. 2020 Accomplishments • Over $1 billion in total transaction volume • 7 property acquisitions totaling 1,770 units • 14 property sales totaling 3,833 units • Implemented ESG Policy and created Diversity, Equity & Inclusion Committee […]

Philadelphia, PA – LEM Capital, L.P. (“LEM”) today announced the effective disposition of seven properties totaling 1,700 units during the fourth quarter of 2020. These transactions, which traded in suburban markets across the United States including Denver, Baltimore, Sacramento and Minneapolis, had a total sales price of $382 million. Over the past two years, LEM […]

LEM Capital Acquires Tampa, FL Property Philadelphia, PA – LEM Capital, L.P. (“LEM”) has acquired Century Cross Creek (the “Property”), a 297-unit apartment community that was built in 2008 and 2014. The Property, which was re-branded Parq at Cross Creek, is located in the fast-growing New Tampa/Tampa Palms submarket. LEM plans to execute a comprehensive […]

LEM Capital Acquires Richmond, VA Property Philadelphia, PA – LEM Capital, L.P. (“LEM”) has acquired Courthouse Green Townhomes (the “Property”), a 1974 vintage, 266-unit apartment community located in suburban Richmond.  LEM plans to execute a comprehensive value-add business plan to upgrade the Property’s interiors, exteriors, and amenities.  The Property was acquired in partnership with a […]

PRESS RELEASE – FOR IMMEDIATE RELEASE LEM Capital Announces Third Quarter Capital Markets Activity Philadelphia, PA – LEM Capital, L.P. (“LEM”) today announced the effective disposition of five properties during the third quarter of 2020 with a total sales price of $234 million. These sales are in addition to two dispositions completed in the first […]

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