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LEM Capital Sees Class B Investment Opportunties in Southeast, Southwest

The overhang of $1.4 trillion of student debt will keep millennials in apartments longer, says Jay Eisner of LEM Capital, which has a particular focus on value-add class B multifamily housing. Watch our exclusive video interview with Eisner.

Jay Eisner, partner at Philadelphia-based LEM Capital, on flat screen, in TV interview with GlobeSt.com Philadelphia correspondent Steve Lubetkin Jay Eisner, partner at Philadelphia-based LEM Capital, on flat screen, in TV interview with GlobeSt.com Philadelphia correspondent Steve Lubetkin

PHILADELPHIA, PA—Multifamily properties are seeing robust activity around the country, but not everyone is focused on top quality luxury rental properties. Philadelphia based LEM Capital specializes in multifamily properties where a value-add strategy can be successful.

“What we’ve been studying for the past seven years is the demand and supply numbers for class B housing,” says Jay Eisner, a partner and co-founder of LEM Capital. Four million millennials will turn 22 every year between now and 2025, and the overhang of $1.4 trillion of student debt will keep millennials in apartments longer, he says.

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Steve Lubetkin

Steve Lubetkin

Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].

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