July 10, 2024

LEM Capital Acquires Multifamily Property in Longmont, CO

Philadelphia, PA - LEM Capital, L.P. (“LEM”) has acquired Trail Ridge Flats and Townhomes (the “Property”), a 102-unit property formerly known as Eastglen Apartments, built in 1996 in Longmont, CO (“Longmont”).  LEM plans to execute a value-add business plan that will improve the Property’s unit interior finishes while simultaneously enhancing the existing amenity set and exteriors. The Property was acquired through a joint-venture partnership with...