Finance

L+M Development Partners Names Gomez CEO| Housing Finance Magazine

Lisa Gomez became CEO of L+M Development Partners, a national leader in affordable, mixed-income housing, starting this year.

Ron Moelis, the company’s founding director and CEO since 1984, is moving to the company’s board of directors and will continue to be involved in the strategic direction of L+M and its subsidiaries.

Development Partners L + M
Lisa Gomez

“I am honored to lead a company that has always distinguished itself as an industry leader for all the right reasons: We invest in and share the communities we build, set national standards for public-private partnerships and sustainability, and work to make a difference every day in the lives of residents,” Gomez said in a statement to more. For 35 years, Ron has liked this approach, and I cannot thank him enough for his partnership and trust in me. He has always done things the right way, and his leadership has inspired every single one of our employees.”

Gomez added that she is focused on continuity and growth as the new year approaches. The New York-based company was ranked 17th on Affordable Housing Finance’s list of the Top 50 Developers and 21st on the Top 50 Landlords list in the country last year.

In conjunction with this transformation, L+M launched a new affiliate platform, LMXD, which will focus on expanding the company’s active mixed-income business and developing market pricing. Led by David Dechy, L+M Partner, Team LMXD will oversee projects such as Essex Crossing on Manhattan’s Lower East Side; Banner Lane in Washington, D.C.; the planned redevelopment of the New Jersey Performing Arts Center in Newark, New Jersey; redevelopment of the National Black Theater in Harlem; and continuous mixed-income employment in various other communities.

Gomez joined L+M in 2005 and most recently held the position of Operations Director. She has over 25 years of experience in real estate finance and development, including senior management positions at New York City Housing Development Corp. , where it oversees $1 billion annually in bond financing and mortgage insurance. She has also held various positions at JPMorgan Chase Bank, New York City Economic Development Corp. and Silverstein Properties.

As CEO, Gomez will oversee L+M’s work in pursuing affordable housing development opportunities. The company’s current projects include the Urban League Empowerment Center, a development in Harlem that will include a new headquarters for the National Urban League and the first civil rights museum in New York City, and Bronx Point, a mixed-use development in the South Bronx that will house the World Hip Hop Museum.

It will also manage L+M’s conservation work in partnership with the New York City Housing Authority (NYCHA) through the Federal Rental Assistance Demonstration Program. Gomez will also oversee L+M Builders, one of the most active construction companies in the New York City metropolitan area, which President Gerald Maceli will continue to lead. She will also oversee C+C Apartment Management, the property management subsidiary of L+M, which operates 18,000 apartments across the tri-state area.

.

best of the web (1)

Related posts
Finance

Improving financial literacy must be a priority for Europe

This article is the latest part of the Financial Times Financial Literacy and Inclusion Campaign The…
Read more
Finance

2022 Alexander S. Melvin Award for Inspirational & Ethical Leadership in Financial Services Call for Nominations

Toronto, January 17, 2022–(BUSINESS WIRE)– The Alexander S. Prize Committee is seeking.
Read more
Finance

CRC Recommends Elimination Of Finance Board

After evaluating the recommendation that the BOF become a designated advisory board, the Newtown…
Read more
Newsletter
Become a Trendsetter
Sign up for Davenport’s Daily Digest and get the best of Davenport, tailored for you.

Leave a Reply

Your email address will not be published. Required fields are marked *