April 23, 2019

LEM Capital Closes $14.6 Million Joint Venture Transaction in Eagan (Minneapolis), MN

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 desirable submarkets offering robust median incomes, high median home values,...