Lexerd Capital Management LLC is a real estate firm that primarily sponsors investments in opportunistic multifamily assets throughout the United States. Lexerd was founded in 2006 by Albert L. Lord III while he was raising capital and advising on a $440 million bid to acquire the Washington Nationals baseball team from Major League Baseball.
Lexerd has managed over $1.5 billion in assets since its founding. We search for investment opportunities that require modest equity capital to avoid competition from larger real estate firms with lower return expectations. We seek 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.
Lexerd has managed over $1.5 billion in assets since its founding. We search for investment opportunities that require modest equity capital to avoid competition from larger real estate firms with lower return expectations. We seek 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.
Services
Our partners at Lexerd Capital Management have been involved in all phases in the investment process by implementing a value-enhancing plan which ensures prudent oversight. In a highly fragmented multifamily real estate market, Lexerd moves quickly to acquire suitable assets with attractive cash flows by securing properties at below market prices via off-market transactions.
With a record low in housing market development, inventory, house price growth will slow to 5% by the end of 2018 and 2% by the end of 2019. The supply of new construction has experienced moderate decline in the past 3 years as measured by the new construction permits. When a property is exchanged for another property using the same strategy, the value creation is cumulative and further enhances our bottom line profitability.
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