January 24, 2025

LEM Capital Announces 2024 Team Promotions

PRESS RELEASE – FOR IMMEDIATE RELEASE

LEM Capital Announces 2024 Team Promotions

Philadelphia, PA – LEM Capital, L.P. (“LEM”) recently announced the promotion of two team members to new positions in the Firm.

Steven DiLemme, who leads the Accounting Team and has been with the Firm for 13 years, was promoted to Chief Financial Officer.

Aaron Seidman, a member of the Acquisitions Team was promoted to Associate.

“We’re pleased to celebrate the promotions of two valued team members. Their commitment and impact have been key to our success, and we’re confident they will continue to excel as they step into their new roles”, said Greg Biester, Partner at LEM.

About LEM Capital

LEM Capital is a real estate private equity firm with a 22-year track record focused on protecting investors’ downside and building portfolios to help deliver dependable current cash flow and equity upside through various market cycles.

The team consists of multifamily experts that seek to acquire well-located apartment properties where LEM can add value to help increase rents 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, contributing to their expertise in structuring, execution and asset management. This includes acquiring over 27,000 value-add apartment units since 2011.

Notes: All data as of December 31, 2024 unless otherwise noted.