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    Lexerd Capital Management LLC ("Lexerd"), a New Jersey-based sponsor of private equity funds, announced today that one of its funds has acquired Spring Valley Club Apartments in Panama City, FL and Avenue 29 Apartments in Tallahassee, FL, each a multifamily property in their respective locations.

    Lexerd Capital Management LLC ("Lexerd"), a New Jersey-based sponsor of private equity funds, announced today that one of its funds has acquired Emerald Pointe, a multifamily property in Birmingham, AL. The property consists of twenty-one (21) two-story and three-story multifamily apartment buildings and one (1) community building, totaling 192 individual units.