L+M Development Partners

Overview

L+M Development Partners is a full-service real estate development firm specializing in affordable, mixed-income, and mixed-use properties. They focus on sustainability and energy efficiency, aiming to enhance communities through their developments. The firm has been active since 1984 and has a significant presence in urban markets across the United States, particularly in the New York Tristate Area. Their portfolio includes approximately $20 billion in development and investment, with over 57,000 residential units either in construction, acquired, preserved, or completed. In addition to residential units, they have developed over 1.2 million square feet of retail and community facility space. Their approach encompasses every phase of development, from site selection to environmental impact assessment and creative financing solutions. L+M Development Partners is recognized for its commitment to social responsibility, integrating corporate social responsibility, philanthropic efforts, and community opportunities into their business model. They are a member of the Multifamily Impact Council and are working to adopt its framework in their future ESG strategy. The firm is also a designated Freddie Mac Select Sponsor, acknowledged for making positive changes in the multifamily industry by creating and executing purposeful strategies to increase equity and opportunity for residents and securing housing for low- and moderate-income families.

Investment Focus

• Affordable housing focus
• Sustainability and energy efficiency
• Community impact