April 10, 2018

LEM Capital closes $16.6 million joint venture transaction in Orlando, FL

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. The Property was acquired in a joint venture with a...