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Summit's Lexerd acquires Ala. multifamily community | ROI-NJ

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Summit's Lexerd acquires Ala. multifamily community | ROI-NJ

Lexerd Capital Management LLC, a Summit-based real estate investment firm, has acquired a multifamily property in Alabama, it announced this week. Emerald Pointe, in Birmingham, includes 21 two- and three-story apartment buildings and a community building, totaling 192 units. Financial terms of the Lexerd fund's deal were not disclosed. “We are enthusiastic about the acquisition […]

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Summit's Lexerd acquires Ala. multifamily community | ROI-NJ

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Summit's Lexerd acquires Ala. multifamily community | ROI-NJ

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