Eben Ellertson
Partner
L+M Development Partners
(L&M Development Partners)
Lender
1865 Palmer Avenue, Floor 2 Larchmont, NY 10538
2 Park Avenue, Floor 23 New York, NY 10016
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L+M Development Partners NYC portfolio
$7.7 billion -elevator 52%, condo 14%, development 13%; Manhattan 45%, Brooklyn 27%, Bronx 12%*
18th largest portfolio by dollar value
23,304,865 sqft – elevator 72%, walkup 12%, condo 11%; Manhattan 40%, Brooklyn 37%, Bronx 13%
10th largest by SF
275 properties – Manhattan 50%, Brooklyn 36%, Bronx 8%
8th largest
24,743 residential units – Manhattan 43%, Brooklyn 36%, Bronx 9%
4th largest by residential units
0 foreclosures, 0 bankruptcies, 2 other court cases.