September 27, 2023

LEM Capital Acquires Austin, TX Property

Philadelphia, PA - LEM Capital, L.P. (“LEM”) has acquired Collier on Swenson Farms (“Collier” or the “Property”), a 336-unit property built in 2008 in Austin, TX. The Property was acquired through a joint-venture partnership with a repeat operating partner with plans to execute a comprehensive value-add business plan. Collier is located in the Pflugerville / Wells Branch submarket of the MSA, a burgeoning residential pocket...