Form D · Other Investment Fund

LEM Multifamily Fund V, L.P.

Philadelphia, PA · CIK 0001747319

Offering snapshot reported Nov 8, 2019 · SEC filing

Reported sold: $171M
Investors reported: 42
Minimum accepted: $50K
First sale: Jul 11, 2018

Fundraising history

Reported sold

Dates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.

What changed?

Latest filing versus its linked predecessor, where available.

Reported sold$114,189,000 → $171,000,000
Reported investors11 → 42
Minimum accepted$100,000 → $50,000

Filing history

Scroll to see all columns →

Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Nov 8, 2019	Amendment	$171,000,000	$56,811,000vs Jul 25, 2018	42	SEC filing
Nov 9, 2018	Amendment	$141,989,000	$27,800,000vs Jul 25, 2018	27	SEC filing
Jul 25, 2018	Initial	$114,189,000	No comparison	11	SEC filing

Offering details

Securities: Pooled investment fund
Exemptions: 06b, 3C, 3C.5, 3C.7
Duration over one year: Yes
Business combination: No

Sales commissions: $0 (estimated)
Finders' fees: $0 (estimated)
Form D file number: 021-317742

Source: Form D, filed Nov 8, 2019. Minimum accepted may differ from a standard advertised minimum.

Fund connections

The linked fund shows its most recently reported ADV details.

Matched by reported Form D file number

LEM MULTIFAMILY FUND V, L.P.

Investment adviser: LEM CAPITAL, L.P.

Gross asset value: $261M
Beneficial owners: 86
ADV minimum commitment: $5M

Reported in Form ADV on Jun 8, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator APEX GROUP NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor KPMG, LLP PHILADELPHIA, Pennsylvania, United States

Custodian CANADIAN IMPERIAL BANK OF COMMERCE CHICAGO, Illinois, United States Related to adviser: No

Custodian UNIVEST BANK AND TRUST CO. SOUDERTON, Pennsylvania, United States Related to adviser: No

Custodian U.S. BANK NATIONAL ASSOCIATION MINNEAPOLIS, Minnesota, United States Related to adviser: No

Marketer CAPRA GLOBAL PARTNERS LIMITED LONDON, United Kingdom Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

KPMG, LLP
PCAOB 185

Filing source

Form ADV 2111009 · Jun 8, 2026 · Schedule D 7.B.(1), fund 805-2677266362

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Related funds

Funds whose names form a numbered series with this one and that share its city or the name of a related person. Form D does not state how these funds are related.

Fund	Latest Form D	Reported sold	Investors
LEM Multifamily Fund V, L.P. (this fund)	Nov 8, 2019	$171,000,000	42
LEM Multifamily Fund VI, L.P.	Jul 18, 2022	$419,273,376	160
LEM Multifamily Fund VII, L.P.	May 18, 2026	Yet to sell	0

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
Name	Reported role
Jay J. Eisner	Executive
Herbert L. Miller, Jr	Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

2400 Market St. Suite 303
Philadelphia, PA, 19103