Since Ron Moelis and Sandy Loewentheil founded L+M Development Partners in 1984, the company has been an 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, Ron Moelis became the Chairman, and Sandy Loewentheil retired to focus on personal pursuits.
In conjunction with this transition, L+M launched LMXD, a new affiliated platform, which will focus on expanding the company’s active mixed-income and market-rate development business. This platform joins 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.
These changes mark the next stage in L+M’s evolution and anchors the company’s ongoing commitment to fostering economically diverse communities by developing mixed-income and mixed-use buildings in a variety of urban markets nationwide, primarily in New York’s tristate area.
L+M is on the cutting edge of urban development and workforce housing.
One of L+M’s core principles 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 works closely with national and local government and financial institutions to create new programs that utilize private activity bonds and the as-of-right tax credits that accompany them.
Because of our reputation for creative approaches to mixed-use and mixed-income developments as well as market-rate luxury housing, community leaders and government housing agencies consistently turn to L+M as the preferred choice for development partner and builder.