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Across-The-Board Resources
With a diversity of professional skills and backgrounds on staff, L&M
can expertly handle every phase of a development, from site acquisition to ribbon-cutting and beyond.
Development
The development phase of our projects demands financial and real estate
savvy as well as strong communication skills.
Our development team has a proven eye for spotting promising properties
plus the requisite follow-up skills. We can work out a mutually
satisfactory blueprint with local officials; craft a viable financial
package, and cement relationships with nonprofit and strategic joint
venture partners to further leverage L&M capabilities. We are adept at
finding institutional investors willing to put up equity and at
navigating the bureaucratic and financial maze of affordable housing
development.
Construction
We have our own construction company, which builds L&M projects. L&M
Builders also acts as a general contractor for other developers, if
necessary posting payment and performance bonds or letters of credit
for financing purposes.
In both capacities, the company has transformed architectural eyesores
into multi-family dwellings and abandoned factories into desirable
apartments. We have constructed more than 2000 units from the ground up;
renovated landmark buildings with meticulous attention to historic
detail; and turned blighted neighborhoods into productive communities
by building attractive affordable housing. Our buildings have been
recognized by others in the form of various Municipal Arts and
Conservancy Awards.
L&M Builders' track record? Consistent quality construction and a proven record of on schedule and on-budget completions.
Marketing
Our marketing team ensures speedy, efficient leasing and sales of our
housing units in accordance with government regulations and to the
satisfaction of all involved parties—lenders, government agencies, tenants and home buyers.
Asset Management/ Compliance
The asset management group oversees the operations of all L&M
properties—over 3000 housing units and over 40 retail stores—scrutinizing budgets project by
project to guarantee maximum cost savings on each. We work with
individual property managers to make sure all projects adhere to rules regarding tenant eligibility and financial and reporting requirements.
Legal
With over to 20 years of experience in real estate and corporate law,
our in-house counsel is well-qualified to quickly handle the wide range
of issues that arises in the course of a typical development and to supervise and coordinate the work of outside counsel.
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