Ronald Moelis
Chairman
Founding Partner
L+M Development Partners
(L&M Development Partners)
1865 Palmer Avenue, Floor 2 Larchmont, NY 10538
2 Park Avenue, Floor 23 New York, NY 10016
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.
Other Links:
Person Activity past 24 months:
Borrower signatory: 3 for $183.5 million
Top Ten Associated Companies:
Lument (1), PCCP (1), Asland Capital Partners (1), Walker & Dunlop (1), Ridgewood Savings Bank (1), Greystone & Co. (1), Goldman Sachs (1)
Top Ten Associated People:
William R. Lindsay (1), James H. Simmons III (1), Brian E. Murray (1), Tracy Terry (1)
Recent activity as signatory:
• L+M Development Partners borrowed $65 million from PCCP for 45-64 Pearson Street on June 24, 2025.
• L+M Development Partners borrowed $36.9 million from Lument for 233 West 110 Street on April 15, 2025.
• L+M Development Partners borrowed $81.6 million from Greystone & Co. for 149 Kent Avenue and 149 Kent Avenue, Williamsburg, Brooklyn on November 27, 2024.
• L+M Development Partners borrowed $32 million from Goldman Sachs for 233 West 110 Street on September 08, 2023.
• L+M Development Partners sold 2560 Adam Clayton Powell Jr Boulevard for $5.9 million to Asland Capital Partners on June 30, 2023.
• L+M Development Partners borrowed $20.2 million from Walker & Dunlop for 110 West 144 Street on June 15, 2023.
• L+M Development Partners borrowed $10 million from Ridgewood Savings Bank for 23 West 116th Street, 23 West 116th Street, 23 West 116th Street, and 23 West 116th Street, Harlem, Manhattan on October 06, 2022.