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
$7.6 billion -elevator 53%, condo 14%, development 13%; Manhattan 47%, Brooklyn 25%, Bronx 12%*
20th largest portfolio by dollar value
23,738,337 sqft – elevator 71%, condo 11%, walkup 11%; Manhattan 40%, Brooklyn 38%, Bronx 12%
11th largest by SF
268 properties – Manhattan 51%, Brooklyn 35%, Bronx 9%
10th largest
25,104 residential units – Manhattan 40%, Brooklyn 39%, Bronx 9%
5th largest by residential units
0 foreclosures, 0 bankruptcies, 2 other court cases.