News

Philadelphia, PA – LEM Capital, L.P. (“LEM”), has funded a $17.6 million joint venture portfolio investment for the acquisition and renovation of the following properties (together, the “Portfolio”):   Chesapeake Bay, a 300-unit property in Newport News, Virginia   Hanover Crossing, a 220-unit property in Richmond, Virginia   Wilde Lake, a 190-unit property in Richmond, […]

Philadelphia, PA – LEM Capital, L.P. (“LEM”), has funded a $13.3 million joint venture investment for the acquisition and renovation of Crestone Apartments (the “Property”), a 234-unit multifamily property in Aurora, Colorado. The Property was acquired in a joint venture with a repeat LEM sponsor that focuses on multifamily value-add transactions in Colorado, California and […]

Philadelphia, PA – LEM Capital, L.P. (“LEM”), has funded a $10.2 million joint venture investment for the acquisition and renovation of Eaves Trumbull (the “Property”), a 340-unit multifamily property in Trumbull, Connecticut. The Property was acquired in partnership with a locally based, vertically integrated owner/operator that manages more than 2,000 multifamily units throughout Connecticut. The […]

Philadelphia, PA – LEM Capital, L.P. (“LEM”), has funded a $9.2 million joint venture investment for the acquisition and renovation of Royal Oaks (the “Property”), a 231-unit multifamily property in Eagan, Minnesota. The Property was acquired in partnership with a locally based, vertically integrated owner/ operator that owns more than 9,000 multifamily units. The sponsor’s […]

Philadelphia, PA – LEM Capital, L.P. (“LEM”), a real estate fund manager with more than $830 million of committed capital, has funded a $13.1 million joint venture investment for the acquisition and renovation of The Domain at Holcomb Bridge (the “Property” or the “Domain”), a 420-unit multifamily property in Peachtree Corners, Georgia. The Property was […]

Philadelphia, PA – LEM Capital, L.P. (“LEM”), a real estate fund manager with more than $830 million of committed capital, has funded a $9 million joint venture investment for the acquisition and renovation of Vinnin Square Apartments (“Vinnin” or “the Property”), a 148-unit multifamily property located in Salem, Massachusetts. The Property was acquired in partnership […]

Philadelphia, PA – LEM Capital, L.P. (“LEM”) today announced the firm’s 2016 origination goals, continuing the firm’s business of investing with high-quality, local real estate operating companies to acquire value-add multifamily properties. LEM invests in acquisitions and recapitalizations of apartment properties (including senior housing and student properties) located in infill locations in primary markets on […]

Philadelphia, PA – LEM Capital, L.P. (“LEM”), a real estate fund manager with more than $830 million of committed capital, has funded a $7.8 million joint venture investment for the acquisition and renovation of Ashley Forest (the “Property”), a 220-unit multifamily property in Alpharetta, Georgia. The Property was acquired in partnership with a vertically integrated […]

Philadelphia, PA – LEM Capital, L.P. (“LEM”), a real estate fund manager with more than $830 million of committed capital, has funded an $8.7 million joint venture investment for the acquisition and renovation of Abbington Place (the “Property”), a 360-unit multifamily property located in Greensboro, North Carolina. The Property was acquired in partnership with an […]

Philadelphia, PA – LEM Capital, L.P. (“LEM”), a real estate fund manager with more than $780 million of committed capital, has funded a $6.5 million joint venture investment for the acquisition and renovation of Emerald Forest (the “Property”), a 320-unit multifamily property located in Durham, North Carolina. Plans are to execute a value-add business plan […]