News

LEM Capital Acquires Tempe, AZ property for $62.5 million Philadelphia, PA – LEM Capital, L.P. (“LEM”) has acquired Signature Place (or the “Property”), located in Tempe, AZ and built in 1996. The acquisition included 300 units of the 440-unit condominium community. The Property, which was re-branded San Marino, is located in the South Tempe submarket […]

LEM Capital Announces Fifth Fund Closing Since Inception and additional 2020 Capital Markets Activity Philadelphia, PA – LEM Capital, L.P. (“LEM”) today announced the closing of its fifth private equity fund with total capital commitments of $330.8 million. The Fund will invest in Class B value-add multifamily properties in primary and secondary suburban markets across […]

LEM Capital reflects on 2019 year in review and 2020 acquisition goals Philadelphia, PA – LEM Capital, L.P. (“LEM”) today announced the achievement of several important milestones during 2019.  “We continue to focus on generating consistent risk-adjusted returns for our investors by investing in value-add multifamily properties and creating investment portfolios that seek to generate […]

Managing Director, Allison Bradshaw, judges the Young Guns Pitch at the 2020 NMHC Conference Orlando, FL – LEM Capital, L.P. (“LEM”) Managing Director, Allison Bradshaw, participated as a judge at the Annual National Multifamily Housing Council (“NMHC”) Young Guns Pitch at this year’s conference in Orlando. Three up-and-coming industry professionals  presented their best investment opportunities […]

LEM Capital acquires boutique Phoenix apartments Philadelphia, PA – LEM Capital, L.P. (“LEM”) has acquired The Montana (or the “Property), a 134-unit garden-style apartment community built in 1998 and centrally located within the South Phoenix submarket. The Property is located on East Baseline Road – a major east/west thoroughfare between South Phoenix and Tempe. Residents […]

LEM Capital closes $14.6 million joint venture transaction in Eagan, MN Philadelphia, PA – LEM Capital, L.P. (“LEM”) has closed on a $14.6 million joint venture investment for the acquisition and renovation of Cedarvale Highlands (“Cedarvale” or the “Property”).  Cedarvale is a three-story, 108-unit apartment community located in Eagan, MN, one of suburban Minneapolis’ most […]

LEM Capital Announces 2018 Year in Review and 2019 Value-Add Multifamily Origination Goals; Allison Bradshaw joins the firm as Senior Vice President Philadelphia, PA – LEM Capital, L.P. (“LEM”) today announced the achievement of several important milestones during 2018.  “We continue to focus on generating strong risk-adjusted returns for our investors by investing in value-add […]

LEM Capital closes $49.1 million joint venture transaction in Sanford, FL Philadelphia, PA – LEM Capital, L.P. (“LEM”) has closed on a $49.1 million joint venture investment for the acquisition and renovation of Solara (or the “Property”), a 272-unit mid-rise apartment community in Orlando’s Lake Mary submarket, a growing, amenity-rich area north of Orlando that […]

LEM Capital closes $38.4 million joint venture transaction in Glenview, IL Philadelphia, PA – LEM Capital, L.P. (“LEM”) has closed on a $38.4 million joint venture investment for the acquisition and renovation of Valley Lo Towers (“Valley Lo” or the “Property”).  Valley Lo is a five-story, 112-unit apartment community located in the village of Glenview […]

LEM Capital closes $11.4 million joint venture transaction in Phoenix, AZ Philadelphia, PA – LEM Capital, L.P. (“LEM”) has funded an $11.4 million joint venture investment for the acquisition and renovation of Siena on Baseline Apartments (“Siena” or the “Property”), a 352-unit garden-style apartment community in Phoenix, AZ. The Property, which will be rebranded Cordoba Apartments, is located in the South Phoenix submarket and benefits from the area’s access to […]