L+M Development Partners was founded in 1984 by Ron Moelis and Sandy Loewentheil, and over the past 40 years has become a leading innovator in developing quality affordable, mixed-income and market-rate housing, while strengthening the neighborhoods in which it works.
In 2022, Lisa Gomez was appointed as L+M’s next CEO, and in conjunction with this transition, L+M launched a new affiliate company, LMXD which is expanding the company’s active mixed-income and market-rate development business in the Northeast and around the country. LMXD joined L+M Fund Management, the existing independent investment management business, which will continue to focus on investing institutional capital at scale in affordable and workforce housing investments in New York City and across high-growth markets in the U.S.
A core principle at L+M is that affordable housing goes hand in hand with social responsibility. We take pride in our long-standing dedication to the communities we serve and look to build relationships with exceptional organizations that are supporting their communities. L+M remains committed to fostering economically diverse communities in a variety of urban markets nationwide. To read more about our impact, click here.