Lexerd Capital Management LLC (“Lexerd”), a New Jersey-based private equity fund, today announced that it has acquired Foxfire Apartments (“Foxfire”), a 354-unit garden style community located in Durham, North Carolina. Foxfire will by managed by First Communities Management.
Lexerd Capital Management LLC (“Lexerd”), a New Jersey-based private equity fund, today announced that it has acquired Glenwood Townhomes, a 120-unit building complex in West Monroe, Louisiana and has renamed it Shadow Glen. Terms of the transaction were not disclosed.