August 20, 2025

LEM Capital 4th Annual Charity Golf Benefit Raises $85,000 for Habitat for Humanity Philadelphia

Philadelphia, PA – LEM Capital, L.P. (“LEM”), in collaboration with JLL’s Capital Markets group (“JLL”), hosted its fourth annual Charity Golf Benefit on Monday, July 21, 2025. The event, which again benefited Habitat for Humanity Philadelphia (“HFHP”), raised $85,000. HFHP is an independently chartered affiliate of Habitat for Humanity International, the largest nonprofit homebuilder worldwide. Locally, HFHP’s mission is to transform lives and its neighborhoods by building and repairing homes in partnership with families in need and uniting all Philadelphians around the cause of affordable housing. The HFHP vision is a city where all Philadelphians live in safe, affordable homes.

“Every single dollar raised through this golf outing propels Habitat’s mission forward – empowering us to say ‘yes’ to the next family in need of a decent, affordable home,” said Corinne O’Connell, CEO of Habitat for Humanity Philadelphia. “We’re so thankful to build community alongside the incredible folks at LEM and JLL.”

A highlight of the event was hearing from two incredible Habitat staff members: Rita Calicat, Director of Homeowner Services, and Cree Kull, Project Manager of Home Repairs. Rita shared insights into her hands-on role, supporting homeowners throughout their entire journey—from loan approval and homeownership education to ongoing check-ins. Cree spoke about the meaningful impact of repairing homes for existing homeowners and shared a poignant story about fixing a large hole in the kitchen ceiling of an elderly homeowner who had been cooking on a hot plate in their living room.

“Our 4th Annual Golf Charity Event in support of Habitat for Humanity was a tremendous success — bringing together 100 golfers for a day of community, purpose, and impact. Over the past four years, we’ve raised more than $275,000 to help Habitat continue their vital work supporting vulnerable homeowners across Philadelphia. This year, we were especially inspired by the stories shared by Habitat’s team, which reminded us just how powerful safe, affordable housing can be in transforming lives and neighborhoods,” said Jennifer Clausen, Partner at LEM.

“JLL is proud to have participated in the annual Habitat for Humanity charity golf outing with LEM.  Providing affordable housing and the dignity that comes with it is a wonderful mission and we are happy to contribute to this effort year after year,” said Ryan Ade, Senior Managing Director at JLL.

To learn more about Habitat for Humanity Philadelphia’s mission, please visit www.habitatphiladelphia.org.

About LEM Capital

LEM Capital is a real estate private equity firm with a 23-year track record focused on protecting investors’ downside and building portfolios to help deliver dependable current cash flow and equity upside through good and bad cycles.

The team consists of multifamily experts that seek to acquire well-located apartment properties where LEM can create value through physical upgrades and implementation of better management practices. The firm’s approach combines the local, long-term market knowledge and day-to-day management of its network of nationwide operating partners with LEM’s disciplined investment selection, rigorous due diligence process and intensive asset management oversight, all led by the firm’s partners. LEM’s goal is to deliver attractive risk-adjusted returns to its investors while safeguarding capital.

Since 2002, LEM has raised approximately $1.8 billion in investor commitments and invested over $9.2 billion in real estate value contributing to their expertise in structuring, execution and asset management. This includes acquiring over 27,000 value-add apartment units since 2011.¹

About JLL

For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $23.4 billion and operations in over 80 countries around the world, our more than 112,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.

Notes: 1 – As of August 11, 2025.  2 – As of August 11, 2025.