LEM Capital is a real estate private equity firm with an 18-year track record focused on protecting our investment partners' downside and building portfolios to help deliver dependable current cash flow and equity upside through all points in the economic cycle. What makes LEM unique are three key components: the caliber of its team, which is entrepreneurial in size but institutional in experience, the strength of its operating partner network and how that network acts as an extension of LEM, and the way LEM has managed its fund sizes over time. Multifamily experts, LEM acquires well-located suburban apartment properties adding value and helping to increase rents through physical upgrades and the implementation of better management practices. The firm's approach combines the local, long-term market knowledge and day-to-day management of its nationwide network of operating partners with LEM's disciplined investment selection, rigorous due diligence process and intensive asset management oversight. The LEM Team is involved in every phase of the due diligence and asset management processes with the goal of delivering attractive risk-adjusted returns to our investment partners while safeguarding their capital. Since 2002, LEM has raised over $1.3 billion in investor commitments and invested over $7.7 billion in real estate contributing to our expertise in structuring, execution and asset management. This includes acquiring almost 22,000 value-add apartment units since 2011 as of July 1, 2020. LEM focuses on investments up and down the East and West Coasts, the northeast corridor and the greater metropolitan areas of Dallas, Houston, Austin, San Antonio, Chicago, Denver, Nashville, Minneapolis, and Phoenix.