L+M Development Partners LLC. | Real Estate Development | Affordable HousingDevelopment Archives - L+M Development Partners LLC. | Real Estate Development

Salary Range: $185,000.00 to $210,000.00 Annually

LMXD is seeking a Director of Construction Management to join our team and serve as an in-house Owner’s Representative on a wide range of complex development projects from conception through completion, particularly on projects involving third party (i.e. non-L+M) contractors.

This is a unique opportunity to help guide preconstruction and construction oversight, working closely as a member of the core LMXD team and along side our joint venture partners, financial partners, and a full range of in-house and third-party design, construction and development professionals.

Company

LMXD is the mixed-income and mixed-use focused affiliate of L+M Development Partners Inc. (“L+M”), a “double bottom line” company that since 1984 has been one of the most dynamic and respected developer/builders of affordable and workforce housing in the New York region – having built or owned nearly 40,000 homes. With a roster of more than 15 active projects, representing over $2 billion of capital, LMXD operates as an entrepreneurial investment/development enterprise within the larger platform of L+M companies. It is a growing company with a focus on culture, community, and sustainability, and a deep commitment to creating civically impactful development projects that are successful not only for our investors but for our communities, residents and other engaged partners (be they a theater, a museum or not-for-profit institution.) While LMXD partners with L+M Builders to construct many of its large New York projects, the company is increasingly active in other cities in the Northeast (e.g. New Haven, New Rochelle, Newark, Philadelphia and Washington D.C) and is seeking to expand its capacity to effectively work with and oversee third-party construction partners.

Please visit the L+M family of companies website for more information: https://lmdevpartners.com.

Areas of Responsibility & Job Requirements

Oversee construction and constructability issues on behalf of LMXD from project planning, through budgeting and contractor engagement through active construction and to completion, primarily on projects where L+M is not the builder.
On projects with a third-party general contractor, manage selection of, and negotiation with, third-party general contractor.
Provide or manage preconstruction services on development projects, including cost estimating, programming, design review in partnership with the development team, primarily on projects where L+M is not the builder.
Provide oversight and management of design and construction professionals from early conceptual stages through completion, primarily on projects where L+M is not the builder.
Review and evaluates all general contracts, draw requisitions, and change orders.
Bring an investment-enhancing perspective to the design and construction process.
Prepare and/or oversee construction-related documents and budgets as may be required internally (e.g. investment memos) as well as externally (i.e., City and State financing applications).
Review billing and provide continued oversight, ensuring project completion within budget, schedule, and established standards including LMXD design intentions.
Liaise with various L+M departments, including L+M Builders, preconstruction, property management, accounting and others.

Knowledge, Skills, and Experience Sought:

Experience working as an Owner’s Representative, ideally within a residential development company .
Experience in multi-family residential construction.
Knowledge of structural building systems, MEP systems, and construction and finish techniques, building codes as well as ADA standards and guidelines.
Well-established ability to effectively oversee construction budgets and schedule and work closely with general contractor teams.
Experience with overseeing or directly performing construction takeoffs and estimating.
Experience in review and analysis of design and construction documents including drawings, project manuals, and project details.
Able to travel out of state to participate in construction meetings and travel to property sites for inspections and meetings. Proficient in Procore, Bluebeam, and other management and construction software.
Experience with scheduling software.
Strong Microsoft Word and Excel skills.
Knowledge of sustainable building techniques.
Able to independently manage multiple active projects in various stages of development with simultaneous deadlines.
Strong organizational skills and attention to detail.
Interest in being part of a close-knit entrepreneurial group that is focused on helping to transform cities and neighborhoods in a socially positive and impactful manner.
Excellent interpersonal skills and ability to build and maintain cross-discipline relationships.

Educational Preferences:

A Bachelor’s or Masters Degree in engineering, architecture, or construction management is strongly preferred; and real estate, planning or business educational experience would be valued.

Experience Preference:

• 7-10+ years of relevant work experience, including previous experience in successfully managing complex new construction or adaptive reuse projects is likely to be necessary to succeed in the position.

LMXD offers competitive compensation and benefits and tremendous potential with a growing residential real estate developer/builder organization.

LMXD is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

Disclaimer: Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time.

Salary Range: $80,000.00 to 96,000.00 Annually

L+M Development Partners (LMDP), an established residential developer/builders, is seeking a Project Coordinator to join the New York Preservation team, which is responsible for the acquisition, investment, ownership, rehabilitation, preservation, and management of existing affordable housing properties. Our projects are typically financed using tax exempt bonds, public subsidies including HUD Section 8 contracts, and low-income housing tax credits. The team has a focus on NYCHA PACT conversions with ongoing efforts to expand to working with national housing authorities.

Areas of Responsibilities & Job Requirements:

Self-starter with proven ability to prioritize/execute in a fast-paced environment, solve problems, and manage multiple active projects and workstreams with simultaneous deadlines.
Collaborate with Design Team, Property Management, Construction, and various contractors to troubleshoot and overcome obstacles to ensure project deadlines are met.
Monitor project progress and make recommendations to adjust project plans as needed.
Ensure project deliverables meet quality and compliance standards.
Maintain project files and records, including project budgets, invoices, and change orders.
Assist with managing the day-to-day execution of preservation projects. Able to grow into being the primary contact on certain project matters.
Support design and construction decisions in close coordination with third-party consultants and participate in meetings and construction administration.
Job will primarily take place on site representing the owner, while coordinating the design, construction and management teams. This will include scheduling and hosting inspections, due diligence, and meetings with residents, officials, and stakeholders.

Knowledge, Skills, and Abilities:

Strong in Microsoft Office, specifically Excel, Word, and PowerPoint
Strong organizational and project management skills
Excellent communication and interpersonal abilities
Background in Community Development and/or Construction
Familiarity with NYCHA PACT development and management guidelines a plus

Educational Requirements:

Preference for Bachelor’s Degree in Real Estate, Architecture, Construction or Urban Planning.

Years of Industry Experience Required:

2+ years of relevant work experience, specifically with multi-family assets, with preference given to affordable housing properties.

At L+M Development Partners, working together to build stronger communities is our mission. Our double bottom line philosophy means that we measure success not only in financial returns but also by the positive impacts we make in the communities we serve.

Founded in 1984, L+M is a full-service real estate development firm which develops, invests, constructs and manages properties with industry-leading innovation. Ranked in the Top 25 on Affordable Housing Finance’s Top 50 Developers list nationally, L+M and its affiliate companies are responsible for over $10 billion in development and investment and have acquired, built, or preserved nearly 40,000 high-quality residential units in a variety of urban markets nationwide, primarily in New York’s tristate area.

Please visit our website for more information: https://lmdevpartners.com. To learn more about our mission and values, go to https://lmdevpartners.com/our-mission-values/.

L+M offers competitive compensation and benefits, and tremendous potential with a growing residential real estate developer/builder organization.

L+M is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

Disclaimer: Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time.

Salary Range: $115,000.00 to $138,000.00 Annually

L+M is seeking a Project Manager to join the National Acquisition and Rehabilitation team, which is responsible for the acquisition, investment, ownership, rehabilitation, preservation, and management of existing affordable housing properties. Our projects are typically financed using tax exempt bonds, low-income housing tax credits, and public subsidies including HUD Section 8 contracts. The team has a focus to expand L+M’s work nationally with recent projects in southern NJ, DC, Chicago, and metro Detroit.

Areas of Responsibilities & Job Requirements:

Perform financial modeling and analysis to evaluate and structure potential transactions.
Assist with acquisition closings including processing due diligence requests from and financing applications for lenders and investors.
Support acquisitions efforts including evaluating offering memorandums, responding to Request for Proposals (RFPs), preparing investment analyses/memos, and providing investment recommendations.
Travel to property sites for inspections, due diligence, and meetings with residents, officials, and community stakeholders.
Prepare consultant agreements in consultation with legal team.
Support design and construction decisions in close coordination with third-party consultants (i.e., Architects, Engineers, etc.) and participate in meetings and construction administration.
Work with property management to monitor on-going operations of properties in the portfolio.
Self-starter with proven ability to prioritize/execute in a fast-paced environment, solve problems, and manage multiple active projects with simultaneous deadlines.
A team player, able to work well in an entrepreneurial environment across multiple L+M teams and development partners.
Excellent interpersonal and communication skills (oral and written).
Strong quantitative, analytic, and organizational skills with an attention to detail. Assist with managing the day-to-day execution of acquisitions and rehabilitation projects. Able to grow into being the primary contact on certain project matters.

Knowledge, Skills, and Abilities:

Strong in Microsoft Office, specifically Excel, Word, and PowerPoint
Knowledge of affordable housing financing
Background in Community Development and/or Construction a plus

Educational Requirements:

Graduate Degree in Finance, Real Estate, Business or Urban Planning preferred.

Years of Industry Experience Required:

3+ years of relevant work experience, specifically with managing and underwriting multi-family assets, with preference given to affordable housing properties.

Please visit our website for more information: https://lmdevpartners.com. To learn more about our mission and values, go to https://lmdevpartners.com/our-mission-values/.

L+M offers competitive compensation and benefits, and tremendous potential with a growing residential real estate developer/builder organization.

Disclaimer: Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time.

National Preservation Intern – Summer (Paid)

Schedule: Monday – Friday, 40 hour per/week

Location: 2 Park Avenue, NYC

Dates: June 5^th – August 11^th 2023

Hourly Rate: $27/hour

Who We Are

At L+M Development Partners (LMDP), working together to build stronger communities is our mission. Our double bottom line philosophy means that we measure success not only in financial returns but also by the positive impacts we make in the communities we serve.

Please visit our website for more information: https://lmdevpartners.com. To learn more about our mission and values, go to https://lmdevpartners.com/our-mission-values/.

What You’ll Do

As the National Preservation Intern as part of the NY Affordable team, you will work on national preservation projects, outside the NYC area. Our team works to preserve existing affordable housing by acquiring and rehabilitating affordable housing properties. Our summer intern is expected to work independently and collectively, as part of a team. An understanding of real estate finance is required (and successful applicants may be asked to demonstrate this through a brief exercise). Specific duties will vary depending on the team, but include tasks similar to these:

Duties and Responsibilities:

Support acquisitions efforts, which may include evaluating offering memorandums, responding to Request for Proposals (RFPs), preparing investment analyses/memos, and providing investment recommendations.
Assisting with finance closings, including addressing lender and investor document checklists
Collecting due diligence materials
Financial modeling and analysis to evaluate and structure potential transactions
Coordination of meetings of project teams
Assisting with consultant agreements
Site visits and market analysis

Who We Want

Must be 18 years of age or older college student.
Pursuing graduate college degree.
Excellent communication skills (written & verbal).
Proficient in Microsoft Office Suite.
Real Estate Finance and Investments majors a plus.

What We Value

We’ve identified a set of core competencies which you will cultivate in order to thrive within the Development Team.

INNOVATION: Creatively thinks beyond boundaries. Open-minded towards new ideas
ENTREPRENEURAL SPIRIT: the ability to take calculated risks and see all possibilities to build something great from nothing.
BUDGET MANAGEMENT: Tracking, forecasting expenses, preparing and managing income & expenses.
FINANCING: Collecting, storing, and processing financial accounting information and reporting; in order to influence decisions-making and compliance.
RELATIONSHIP MANAGEMENT: Build and manage interactions to provide service and to support ongoing level of engagement with key stakeholders.

What You’ll Learn

Leadership and relationship building skills
Valuable tools for working in your chosen field
Project planning, management, and execution skills
Relationship development skills
You will learn how to work in a professional environment and build your network

How to Apply

Please send a resume and a compelling personal statement answering one (1) of the following questions.

How would you create a more inclusive environment at a workplace like L+M Development Partners? Would you please describe an experience of where you led a group, organization, or yourself to be more inclusive?
Think of a time in your life that shaped your decision to pursue this field. What inspired you to pursue a career in Real Estate Development, Construction or Property Management?
Why are you interested in L+M Development Partners? What about the mission statement “Working Together to Build a Stronger Community” resonates with you?

Our Commitment to Diversity, Equity & Inclusion

We are building stronger communities together!

We intentionally seek team members who are committed to DEI and represent diverse voices and identities. We are committed to building and maintaining an inclusive workplace for all staff and the next generation of leaders to achieve our mission.

L+M Development Partners is an equal opportunity employer to all employees and applicants without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, age, disability, marital status, amnesty, or veteran status.

Type: Summer Internship/(Paid/In-Person)

Schedule: Monday – Friday, 40 hour per/week

Location: 2 Park, NYC

Dates: June 5^th – August 11^th 2023

Hourly Rate: $27/hour

Who We Are

LMXD (“LMXD”) is a newly created affiliate enterprise of L+M Development Partners Inc. (“L+M” or the “Company”). Building upon L+M’s successful 35-year track record of mixed-income development, LMXD’s mission is to expand that focus and to develop transformative mixed-income, mixed-use projects with a focus on culture, community, and sustainability both within the New York region and across the country.

Please visit our website for more information: https://lmdevpartners.com. To learn more about our mission and values, go to https://lmdevpartners.com/our-mission-values/.

What You’ll Do

L+M offers a comprehensive summer internship program. As part of our Mixed-Income Development team (“LMXD”), you will be aiding in the mission is to expand that focus and to develop transformative mixed-income, mixed-use projects with a focus on culture, community, and sustainability both within the New York region and across the country. This is an excellent opportunity for a smart, city-loving real estate development graduate student to join an entrepreneurial endeavor within an industry leading platform and to help grow a civically impactful and profitable business.

During the ten-week program, interns will be expected to work independently and collectively as part of a team. An understanding of real estate finance is required (and successful applicants may be asked to demonstrate this through a brief exercise.). Specific duties will vary depending on the team but include tasks similar to these:

Duties and Responsibilities:

Collecting due diligence materials
Financial analysis of a project or property
Coordination of meetings of project teams
Assisting with an RFP
Site visits and market analysis

Who We Want

Must be 18 years of age or older.
Pursuing a graduate college degree.
Real Estate, Real Estate Finance, Investment, Urban Planning, Business majors preferred.
Excellent communication skills (written & verbal).
Proficient in Microsoft Office Suite.

What We Value

We’ve identified a set of core values which will help you thrive within the Development Team.

RELATIONSHIPS: Building and valuing trusted relationships.
DEDICATION: Demonstrating commitment to one another, our work, and our communities.
INNOVATION: Creatively thinking beyond boundaries.
INTEGRITY: Doing the right thing to earn trust in all we do.
RESPECT: Listening, learning, and living inclusively.
QUALITY: Raising the bar to deliver sustainable homes and strengthening communities.

What You’ll Learn

Leadership and relationship building skills
Valuable tools for working in your chosen field
Project planning, management, and execution skills
Relationship development skills
You will learn how to work in a professional environment and build your network

Our Commitment to Diversity, Equity & Inclusion

We are working together to build stronger communities.

We believe that diversity, equity, & inclusion make us a more innovative and vibrant place to work. We intentionally seek team members who are committed to building and maintaining an inclusive workplace for all staff and the next generation of leaders to achieve our mission.

Salary Range: $80,000.00 to $96,000.00 Annually

Please visit our website for more information: https://lmdevpartners.com. To learn more about our mission and values, go to https://lmdevpartners.com/our-mission-values/.

L+M is seeking an Associate Project Manager to join the National Preservation team. L+M’s National Preservation Team, which includes development, construction, community affairs and property management responsibilities, has successfully preserved over 10,000 units. It is responsible for the acquisition, investment, ownership, rehabilitation, and management of existing affordable housing properties that are typically financed via tax exempt bonds, low-income housing tax credits, and public subsidies including HUD Section 8 contracts. The team has a focus in New York City and New Jersey with ongoing efforts to expand nationally. Recent projects are in DC, Chicago, and Michigan.

Areas of Responsibilities & Job Requirements:

Self-starter with proven ability to prioritize/execute in a fast-paced environment, solve problems, and manage multiple active projects and workstreams with simultaneous deadlines.
A team player, able to work well in an entrepreneurial environment across multiple L+M teams and departments as well as with development partners. Balance changing priorities and meet deadlines.
Able to operate respectfully yet command respect of members in the neighborhoods within which we work, peers, and others in the field.
Excellent interpersonal and communication skills (oral and written).
Strong quantitative, analytic, and organizational skills with an attention to detail.
Assist with managing the day-to-day execution of preservation projects. Able to grow into being the primary contact on certain project matters.
Perform financial modeling and analysis to evaluate and structure transactions.
Assist with acquisition and financing closings including processing due diligence requests from financial partners.
Support acquisitions efforts including evaluating offering memorandums, responding to Request for Proposals (RFPs), preparing investment analyses/memos, and providing investment recommendations.
Responsible for market research and property-level due diligence.
Support design and construction decisions in close coordination with third-party consultants (i.e., Architects, Engineers, etc.) and participate in meetings and construction administration.
Prepare consultant agreements in consultation with legal team.
Travel to property sites for inspections, due diligence, and meetings with residents, officials, and community stakeholders.
Work with property management to monitor lease-up and process tenant communications.

Knowledge, Skills, and Abilities:

Strong in Microsoft Office, specifically Excel, Word, and PowerPoint
Knowledge of affordable housing financing
Background in Community Development and/or Construction a plus

Educational Requirements:

Preference for Graduate Degree in Finance, Real Estate, Business or Urban Planning.

Years of Industry Experience Required:

2+ years of relevant work experience, specifically with managing and underwriting preservation or new construction projects, with preference given to tenant-in-place rehabilitation experience.

L+M offers competitive compensation and benefits, and tremendous potential with a growing residential real estate developer/builder organization.

Disclaimer: Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time.