L+M Development Partners

L+M Development Partners is a full-service real estate firm specializing in the development, construction, and management of affordable, mixed-income, and mixed-use properties. Founded in 1984 by Ron Moelis and Sandy Loewentheil, the company has grown to become a leading innovator in creating high-quality residential units that enhance communities.

With a commitment to sustainability and energy efficiency, L+M has been responsible for approximately $16.5 billion in development and investment. The firm has acquired, built, or preserved over 46,000 residential units across various urban markets nationwide.

Locations

• New York's tri-state area
• Washington, D.C.
• West Coast
• Gulf Coast regions
• Headquarters: Mount Vernon, NY, USA

In 2022, Lisa Gomez was appointed as CEO, succeeding Ron Moelis, who transitioned to chairman. Under Gomez's leadership, L+M launched LMXD, an affiliate company focused on expanding mixed-income and market-rate development projects.

Additionally, they established L+M Fund Management, which invests institutional capital in affordable and workforce housing.

Mission and Values

L+M's mission, "Working Together to Build Stronger Communities," reflects their dedication to social responsibility. Their values include building trusted relationships, demonstrating commitment, fostering innovation, maintaining integrity, respecting inclusivity, and delivering quality.

Notable Projects

• Arverne East in Queens
• Bronx Point in the Bronx
• Sendero Verde in Manhattan — the largest Passive House-certified affordable housing project in the U.S.