Lexerd Capital Management Employee Directory
Real EstateNew Jersey, United States2-10 Employees
Lexerd Capital Management LLC operates as a private equity sponsor focused on opportunistic multifamily real estate investments across the United States. Based in Summit, New Jersey, the firm targets opportunities that require modest equity, aiming to avoid competition from larger firms and higher return expectations. Founded in 2006 by Albert L. Lord III, Lexerd has established arrangements with real estate management partners to operate its properties on a day-to-day basis. The firm emphasizes exploiting inefficiencies in the multifamily market to acquire assets at attractive prices and apply its expertise to enhance value through active management, often via joint ventures with established property managers. A notable development is the December 2022 acquisition of The Sterling Apartment Homes in Corpus Christi, Texas.
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