News

LEM Capital closes $11.4 million joint venture transaction in Sacramento, CA Philadelphia, PA – LEM Capital, L.P. (“LEM”) has funded an $11.4 million joint venture investment for the acquisition and renovation of Portofino on the Lake (“Portofino” or the “Property”), a 200-unit garden-style apartment community in Sacramento, CA. The Property, which will be rebranded as […]

LEM Capital closes $9.3 million joint venture transaction in Houston, TX Philadelphia, PA – LEM Capital, L.P. (“LEM”) has funded a $9.3 million joint venture investment for the acquisition and renovation of The Carlton at River Oaks (the “Carlton” or “Property”), a 222-unit garden-style apartment community. The Property is in the River Oaks neighborhood of […]

LEM Capital closes $6.7 million joint venture transaction in Chattanooga, TN Philadelphia, PA – LEM Capital, L.P. (“LEM”) has funded a $6.7 million joint venture investment for the acquisition and renovation of Ridgemont Apartments (“Ridgemont” or the “Property”), a 226-unit garden-style apartment community in Chattanooga, TN. The Property is located in the desirable Northshore submarket […]

Philadelphia, PA – LEM Capital, L.P. (“LEM”) has funded a $13.2 million joint venture investment for the acquisition and renovation of Lodge at Baybrook (“Lodge” or the “Property”), a 322-unit garden-style apartment community. The Property is centrally located in the Clear Lake/NASA submarket of Houston and benefits from the area’s strong demographics, diverse economy, and […]

Philadelphia, PA – LEM Capital, L.P. (“LEM”) has funded a $16.3 million joint venture investment for the acquisition and renovation of Verona at Boynton Beach (“Verona” or the “Property”), a 216-unit garden-style apartment community which was formerly known as Aventine at Boynton Beach. Situated less than a half mile from I-95, the Property provides easy […]

Investment strategies can take many shapes and forms. For us, specializing in Class B multifamily properties has been a success given the current economic climate. Our founding Partner, Jay Eisner, sat down with Steve Lubetkin of Globe St to discuss our investment strategy, how millennials and baby boomers are impacting the market, and why adding […]

Philadelphia, PA – LEM Capital, L.P. (“LEM”) has funded a $12.9 million joint venture investment for the acquisition and renovation of Discovery on Broad Apartments (“Discovery on Broad” or the “Property”), a 320-unit garden-style apartment community which was formerly known as Altera North Pointe. Discovery on Broad is located in an infill location in Durham, […]

Philadelphia, PA – LEM Capital, L.P. (“LEM”) has funded a $16.6 million joint venture investment for the acquisition and renovation of Art Avenue (“Art Avenue” or the “Property”), a 300-unit garden-style apartment community. The Property is located in the Lee Vista submarket, a growing, amenity-rich area in east Orlando with a highly regarded school system. […]

Philadelphia, PA – LEM Capital, L.P. (“LEM”) today announced the firm’s 2018 acquisition goals, continuing the firm’s business of partnering with high-quality, local real estate operating companies to acquire value-add multifamily properties. “Our target for 2018 is to acquire between $400 and 500 million of Class B apartment properties located in primary markets on the east […]

Philadelphia, PA – LEM Capital, L.P. (“LEM”) has funded a $10.5 million joint venture investment for the acquisition and renovation of Skyline (the “Property”), a 192-unit garden-style apartment community. The Property is located in Kent, a growing suburb of Seattle that is equidistant from the Ports of Seattle and Tacoma and is the region’s warehouse […]