LMXD

(L+M Development Partners)

2 Park Avenue, Floor 23  New York, NY 10016

People:

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LMXD NYC portfolio

$7.8 billion -elevator 50%, condo 14%, development 12%; Manhattan 44%, Brooklyn 25%, Queens 15%*

34th largest portfolio by dollar value

23,566,604 sqft – elevator 70%, walkup 11%, condo 10%; Manhattan 39%, Brooklyn 38%, Bronx 13%

17th largest by SF

277 properties – Manhattan 51%, Brooklyn 35%, Bronx 8%

13th largest

24,922 residential units – Manhattan 40%, Brooklyn 39%, Bronx 9%

7th largest by residential units

0 foreclosures, 0 bankruptcies, 2 other court cases.

Notes

Website: LMXD is the mixed-income and market-focused member of the L+M family of companies.

Company Activity past 24 months:

Buyer company: 5 for $219.5 million

Seller company: 1 for $17.8 million

Borrower company: 3 for $366.6 million

Developer (new building or major alteration): 3 for 779,703 square feet

Top Ten Associated Companies:

Bank OZK (1), New York Life Insurance Company (1), Prime Finance (1), Harlem Children’s Zone (1)

Top Ten Associated People:

David Dishy (1), Jon W. Brayshaw (1), Kwame Owusu-Kesse (1)

Recent activity as company:

LMXD borrowed $200 million from New York Life Insurance Company for None on July 27, 2026.

King Kullen sold 35-10 Steinway Street, Astoria, Queens for $32.7 million to LMXD on July 27, 2026.

King Kullen sold None for $20.3 million to LMXD on July 27, 2026.

Joseph Klyde sold 35-10 43 Street for $6.5 million to LMXD on March 03, 2026.

LMXD sold 2037 5 Avenue for $17.8 million to Harlem Children’s Zone on February 11, 2026.

LMXD borrowed $85.6 million from Prime Finance for 2037 5 Avenue on November 25, 2025.

Park Tower Group, Domain Companies and LMXD borrowed $81 million from Bank OZK for West street on August 13, 2025.

Park Tower Group sold West street for $160 million to Park Tower Group, Domain Companies and LMXD on August 13, 2025.

Joseph Klyde sold 35-10 43 Street for $0 to LMXD on August 20, 2024.

Court Records:

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Properties:

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