May 22, 2014

LEM Capital Announces New Director of Capital Markets

Philadelphia, PA – LEM Capital, L.P. (“LEM”) is pleased to announce the hiring of Christopher Klare as Director – Capital Markets to lead the firm’s investor relations and marketing efforts. In his new role, Chris will coordinate communications, marketing and relationship building efforts with LEM’s existing and prospective investors. “Chris brings a strong real estate background – particularly in the multifamily sector – and an excellent network of relationships in the institutional investor community that will help enhance our ability to meet the needs of our existing investor base and raise LEM’s profile,“ said Herb Miller, a founding partner at LEM.

Mr. Klare joins the firm from Grosvenor Fund Management where he was Director of Capital Markets and Client Services within the firm’s international capital raising team. Previously at the Tuckerman Group, now part of Hunt Investment Management, Chris was involved in fundraising, investment underwriting and origination, and portfolio management, including multifamily properties held in the firm’s various investment vehicles. Speaking about his new position at LEM, Chris noted “I am excited to be part of LEM’s strategy of investing in multifamily, value- add transactions with current cash flow and strong upside potential and look forward to meeting the needs of both our current and future investors.”