Lem Multifamily Fund VII, L.P.
Real Estate FundFund ID 805-3565737935Delaware, United States
Gross assets
$69.8M
Min. investment
$250K
Beneficial owners
6
Size rank
Top 50%
Audited
Yes
Structure
Standalone
About this fund
Lem Multifamily Fund VII, L.P. is a real estate fund managed by Lem Capital, L.P.. The fund reports $69.8 million in gross assets, placing it among the top 50% of private funds by size. The stated minimum investment is $250,000. Its financial statements are audited annually. Private funds are not required to publicly disclose returns; Form ADV reports assets, structure, and service providers, shown above.
Fund details
| Fund ID | 805-3565737935 |
| Fund type | Real Estate Fund |
| 3(c)(1) exclusion | No |
| 3(c)(7) exclusion | Yes |
| Master fund | No |
| Feeder fund | No |
| Fund of funds | No |
| Relies on exemption from registration | Yes |
| Annual audit | Yes |
| Prepared per GAAP | Yes |
| Sub-advised | No |
| % of assets independently valued | 0% |
Other funds from this manager
| Fund | Type | Gross assets |
|---|---|---|
| Lem Multifamily Fund VI, L.P. | Real Estate | $400.7M |
| Lem Multifamily Fund V, L.P. | Real Estate | $260.7M |
Frequently asked questions
How large is Lem Multifamily Fund VII, L.P.?
Lem Multifamily Fund VII, L.P. reports $69.8 million in gross assets, among the top 50% of private funds by size.
What is the minimum investment for Lem Multifamily Fund VII, L.P.?
The stated minimum investment is $250,000.
Who manages Lem Multifamily Fund VII, L.P.?
Lem Multifamily Fund VII, L.P. is managed by Lem Capital, L.P.
Does Lem Multifamily Fund VII, L.P. disclose returns?
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.
Manager
L
Philadelphia, PA
Service providers
How this fund compares
Gross assetsTop 50%
Larger than 50% of 67,041 private funds
Gross assets vs Real Estate FundsTop 39%
Larger than 61% of 5,814 real estate funds
Minimum investmentTop 56%
Higher than 44% of funds reporting a minimum
Investor base
Adviser & related persons18%
Funds of funds%
Non-U.S. persons%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.