News

Philadelphia, PA – LEM Capital, L.P. (“LEM”) has acquired Canyon Heights (the “Property”), a 196-unit apartment community located in the Southeast submarket of Tucson that was built in 1982. LEM plans to execute a comprehensive value-add business plan to upgrade the Property’s interiors, exteriors, and amenities. The Property was acquired in partnership with a local operating partner. […]

Philadelphia, PA – LEM Capital, L.P. (“LEM”) today announced $1.23 billion in transaction volume in 2021 along with other key milestones. Their 2022 goals reflect a continuing trend of robust activity in acquisitions and dispositions. 2021 Accomplishments • Over $1.2 billion in total transaction volume • 8 property acquisitions totaling 2,800 units • 9 property sales […]

Philadelphia, PA – LEM Capital, L.P. (“LEM”) has acquired Archer Medical District (the “Property”), a 2009-vintage, 396-unit apartment community located in the Medical District submarket of Dallas, TX.  LEM plans to execute a comprehensive value-add business plan to upgrade the Property’s interiors, exteriors, and amenities.  The Property was acquired in partnership with a repeat local […]

Philadelphia, PA – Principals Greg Biester and Jennifer Clausen have been promoted to Partner at LEM Capital (“LEM”) expanding the Firm’s leadership to a team of five. Previously in January 2021, the Co-Founders of LEM – Jay Eisner and Herb Miller – welcomed Allison Bradshaw to the partnership. Together, the five partners will run the […]

Philadelphia, PA – LEM Capital, L.P. (“LEM”) has acquired Park West End (the “Property”), a 312-unit apartment community located in the Northwest submarket of Richmond that was built in 1985. LEM plans to execute a comprehensive value-add business plan to upgrade the Property’s interiors, exteriors, and amenities. The Property was acquired in partnership with a […]

Philadelphia, PA – LEM Capital, L.P. (“LEM”) today announced a summary of its third quarter capital markets activity, which included three acquisitions, three dispositions, and one refinance representing over $493mm in transaction volume. LEM made acquisitions in Nashville, Phoenix and Sacramento between August and September. In addition, LEM sold three properties totaling 700 units, which […]

LEM Capital, L.P. (“LEM”) is pleased to announce the firm has been named “Best Real Estate Manager” by Private Equity Wire based on data provided by Bloomberg. LEM’s award was in the under $1bn fund size category. “We are honored to be recognized for our consistent fund performance over the past five years. It is […]

Philadelphia, PA – LEM Capital, L.P. (“LEM”) has acquired Arbor Hills Apartments (the “Property”), a 548-unit apartment community in Nashville, TN. This is LEM’s first acquisition in the Nashville market. The Property, which was built in two phases between 1987 and 1988, is centrally located in Antioch, a fast-growing submarket within the greater Nashville MSA. […]

Philadelphia, PA – LEM Capital, L.P. (“LEM”) today announced the acquisition of its 100th multifamily property. The firm, which recently celebrated its 19th anniversary, has been investing exclusively in suburban value-add multifamily properties since 2011. “We are excited to announce our 100th multifamily acquisition,” said Jay Eisner, Co-Founder and Managing Partner of LEM. “We have […]

LEM Capital Acquires Atlanta, GA Property Philadelphia, PA – LEM Capital, L.P. (“LEM”) has acquired The Grace Apartment Homes (the “Property”), a 224-unit apartment community located in Southwest Atlanta and built in 2005.  LEM plans to execute a comprehensive value-add business plan to upgrade the Property’s interiors, exteriors, and amenities.  The Property was acquired in […]