Careers at L+M

Associate, Portfolio Strategy and Asset Management

L+M Fund Management

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L+M Development Partners Inc. (“L+M” or the “Company”), an established residential developer/builder, has an excellent opportunity for an Analyst/Associate to join the growing L+M Fund Management (“LMFM”) team. LMFM’s mission is to acquire and preserve affordable and mixed-income multi-family housing in high-growth metro markets across the U.S. and provide compelling risk-adjusted returns. LMFM utilizes institutional third-party equity and to date has raised almost $1 billion of total equity across multiple investment vehicles. This position is responsible for aiding in the oversight of existing and newly acquired properties, providing internal and external reporting on performance and business plan execution, and reporting to senior staff to join the team at L+M.

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. Most recently ranked #17 on Affordable Housing Finance’s Top 50 Developers list nationwide, L+M is responsible for approximately $10 billion in development and investment, and has acquired, built, or preserved nearly 37,000 high-quality residential units in New York’s tristate area, Washington, D.C., the West Coast and Gulf Coast regions.

L+M Fund Management invests in and operates workforce and affordable assets on behalf of institutional investors. To date, LMFM has acquired over 18,000 units in more than $3.6 billion in transactions. LMFM is led by a senior management team with unparalleled expertise and supported by L+M’s broader and vertically integrated organization.

L+M brings a superior level of commitment to its investments in developments, and equally important, to its investment in people. For more information, please visit:

Areas of Responsibilities & Job Requirements:

  • Work with Fund Management team to analyze asset performance, prepare asset level business plans/budgets and maximize property level performance
  • Create and/or update financial underwriting model to support execution of asset dispositions, refinancings and other transactions in the portfolio
  • Solid understanding of financial statements
  • Experience abstracting information from transaction documentation and compiling into meaningful presentation
  • Prepare portfolio level reports for senior management
  • Create asset level and fund level reporting for investors
  • A team player, able to work in an entrepreneurial environment, balance changing priorities, and meet deadlines
  • Strong financial modeling skills (Excel), Microsoft PowerPoint & Microsoft Word skills
  • Self-motivated and proactive with an established track record of getting things done effectively and independently
  • Excellent interpersonal and communication skills (oral and written)
  • Strong organizational skills and attention to detail

Years of Industry Experience / Education Required:

  • Bachelor degree required, real estate, business or urban planning preferred
  • 2+ years of real estate experience preferred

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.

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