News
Philadelphia, PA – LEM Capital, L.P. (“LEM”), a real estate fund manager with more than $780 million of committed capital, has funded a $4.0 million joint venture investment for the acquisition and renovation of Union Heights (the “Property”), a 220-unit multifamily property located in Colorado Springs, Colorado. The value-add business plan contemplates transforming the clubhouse […]
Philadelphia, PA – LEM Capital, L.P. (“LEM”), a real estate fund manager with more than $780 million of committed capital, has funded a $6.97 million joint venture investment for the acquisition and renovations of The Fountains Apartments (“Fountains”) and Landmark at Waverly Place Apartments (“Waverly”, together, the “Portfolio”). Fountains is a 542-unit property located in […]
Philadelphia, PA – LEM Capital, L.P. (“LEM”), a real estate fund manager with more than $690 million of committed capital, has funded an $8.5 million joint venture investment for the acquisition and renovation of The Canopy Apartment Villas (“Canopy” or “the Property”), a 296-unit multifamily property located in Orlando, Florida. Plans are to execute a […]
Philadelphia, PA – LEM Capital, L.P. (“LEM”), a real estate fund manager with more than $690 million of committed capital, has funded a $5.5 million joint venture investment for the acquisition and renovation of Stony Brook Village Apartments (“Stony Brook” or “the Property”), a 165-unit multifamily property located in East Haven, Connecticut. Plans are to […]
Philadelphia, PA – LEM Capital, L.P. (“LEM”), a real estate fund manager with more than $690 million of committed capital, has funded a $6.5 million joint venture investment for the acquisition of Carriage Place (“the Property”), a 228-unit multifamily asset in Decatur, Georgia. Plans are to execute a value-add strategy for the Property by creating […]
Philadelphia, PA – LEM Capital, L.P. (“LEM”), a real estate fund manager with more than $690 million of committed capital, has funded an $8.0 million joint venture investment for the acquisition of Pointe at Preston Ridge (“the Property”), a 266-unit multifamily property in Alpharetta, Georgia. The Property was acquired on an off-market basis with an […]
Philadelphia, PA – LEM Capital, L.P. (“LEM”), a real estate fund manager with more than $690 million of committed capital, has funded a $7.7 million joint venture investment for the acquisition and renovation of Corsica Apartments (“Corsica” or “the Property”), a 141 -unit multifamily property located in Pico Rivera, California. Plans are to execute a […]
Philadelphia, PA – LEM Capital, L.P. (“LEM”), a real estate fund manager with more than $690 million of committed capital, today announced the firm’s 2015 origination goals, continuing the firm’s successful 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 […]
LEM Capital, L.P. (“LEM”), a real estate fund manager with more than $690 million of committed capital, has funded a $9.6 million joint venture investment for the acquisition and renovation of Thornbury Apartments (“Thornbury” or “the property”), a 408-unit multifamily property located in Houston, Texas. The value-add business plan for the property contemplates significant upgrades […]
Philadelphia, PA – LEM Capital, L.P. (“LEM”), a real estate fund manager with more than $690 million of committed capital, has funded a $6.0 million joint venture investment for the acquisition and upgrade of Altamonte at Spring Valley (“Altamonte” or “the property”), a 250- unit multifamily property in Altamonte Springs, Florida. Plans are to execute […]