L+M Development Partners

Founded in 1984, as a venture between Sanford Loewentheil and Ronald Moelis, L+M Development Partners (formerly L&M Equity Participants) has been a leader and innovator in real estate, responsible for over $2 billion of development and construction. Working with community, government and investment partners, L+M has built more than 8,000 units of high-quality, affordable and market-rate housing in the tri-state area. In the process, the company has helped to create vibrant and revitalized neighborhoods throughout the New York metropolitan area.

Today, L+M is an integrated organization with affiliated companies in development, construction and management. This breadth of in-house expertise allows for an exceptional degree of control, translating to unsurpassed quality and efficiency in every new venture. From affordable housing to luxury condominiums, L+M brings the same level of commitment, creativity and integrity to every project.

L+M Development has earned the trust and confidence of local officials, public agencies and joint venture partners. Its team has a demonstrated ability to engage institutional investors and negotiate complex financial structures. The company also has a deep understanding of the thousands of pieces that make up a successful project – and the people to make it work.

L+M’s portfolio includes more than 8,000 residential units and nearly 750,000 square feet of commercial space. The value of its existing properties exceeds $1 billion, with an additional $900 million on the horizon.

L+M properties encompass low- and middle-income and emerging market luxury housing, mixed-income and mixed-use developments. Its projects include new construction, renovation of historic buildings and adaptive re-use, and range from multi-unit apartments to single-family homes. Whenever possible, the company’s buildings employ “green” technology that marries beauty, sustainability and energy efficiency.