Associate, Development

At L+M Development Partners, working together to build stronger communities is our mission. Our double bottom line philosophy means that we measure success not only in financial returns but also by the positive impacts we make in the communities we serve.

Founded in 1984, L+M is a full-service real estate development firm that develops, invests, constructs, and manages properties with industry-leading innovation in a variety of urban markets nationwide, primarily in the New York Tristate Area. Recognized as one of the top affordable housing developers in the country, L+M and its affiliate companies are responsible for approximately $20 billion in development and investment, and combined have over 57,000 high-quality residential units in construction or that have been acquired, preserved, or completed.

Please visit our website for more information: To learn more about our mission and values, go to Areas of Responsibility Develop and work with the LMFM and LMDP teams to implement strategies for the expansion of L+M’s LIHTC new construction platform into new markets outside of the business’ core New York region, including Texas, the Southeast and Mid-Atlantic, Florida and Ohio Lead screening and underwriting of new development opportunities in order to ensure consistency with L+M core values and business practices, including market risk management, monitoring of pre-development exposure and adaptation to changing financing conditions Provide support to regional development leads on evaluation of different LIHTC and debt financing proposals and strategies related to later-stage development projects, including proposal evaluation, term sheet negotiations, and structuring Evaluate acquisition and joint venture opportunities with other regional operators when accretive to LMDP’s expansion goals, and manage the integration of such operators into L+M’s platform when applicable Work collaboratively with regional new construction leads on responses to RFQs and RFPs in order to generate additional pipeline for the business Perform financial analysis for special projects by evaluating new product types and financial structures (e.g. LIHTC BTR, gap equity financing) Minimum Education Requirements: BS or MS in Real Estate, Business, Finance, Marketing, Civil Engineering, Architecture, Urban Planning or related field Minimum Experience Required: 3+ years of experience in affordable housing real estate development and finance Additional Knowledge, Skills and Abilities: LIHTC and tax-exempt bond experience and expertise required. Highly organized and detail-oriented with strong project-management skills. Experience responding to public proposals and working collaboratively with public agencies, with direct RFQ/RFP experience preferred Leadership experience, with demonstrated success in driving results, ability to manage multiple priorities and meet deadlines in a fast-paced, dynamic environment and values accountability Strong understanding of financial markets, debt products, and regulatory requirements, with the ability to articulate complex financial concepts to a diverse audience. Strategic mindset with the ability to develop and execute business objectives. Excellent communication skills, including written, verbal, and presentation abilities Track record of building and maintaining relationships with agencies, partners, sponsors, lenders and equity investors. Extremely versatile, accustomed to “wearing many hats” and shifting between them. Ability to work in a dynamic environment that requires execution of recurring deliverables as well as projects and initiatives in support of a growing business. L+M offers competitive compensation and benefits and tremendous potential with a growing residential real estate developer/builder organization.

L+M is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

Disclaimer : Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time.