Lexerd Capital Management: A Private Equity Firm Excelling in Multi-Family Real Estate Investments
Lexerd Capital Management is a private equity firm with a focus on opportunistic multi-family real estate investments throughout the United States. Established in 2006 by Albert L. Lord III, Lexerd has managed over $300 million in assets since its inception. The firm's foundation was laid while Lord was raising capital and advising on a $440 million family bid to acquire the Washington Nationals baseball team from Major League Baseball.
The company's headquarters are located at 25 Maple Street, 3rd Floor, Summit, NJ 07901, US. With its specialization in the real estate industry, Lexerd Capital Management has built a strong presence in the market. The firm's website, http://www.lexerdcapital.com, offers more information about their investment strategies, portfolio, and team members.
Lexerd's investment approach is based on searching for opportunities that require modest equity capital to avoid competition from larger real estate firms with lower return expectations. They target higher yielding investments with equity requirements typically in the range of $2 million to $20 million and total capital of between $10 million and $100 million. This strategy enables Lexerd to take advantage of the inefficiencies that arise in the multi-family sector by acquiring assets at attractive prices. By applying their expertise in the field, they can generate attractive returns for their investors.
To ensure the smooth operation of their properties, Lexerd Capital Management has entered into several joint ventures with successful real estate management companies. These companies provide daily management and operational support for the properties acquired by Lexerd. This collaborative approach not only maximizes returns for investors but also ensures the long-term success of the investments.
In conclusion, Lexerd Capital Management has established itself as a leading private equity firm in the multi-family real estate investment sector. With their unique investment approach, strong partnerships, and consistent focus on generating attractive returns for their investors, Lexerd continues to thrive in the competitive real estate market.