trending Market Intelligence /marketintelligence/en/news-insights/trending/wxulukt24urr1rt8w-wslg2 content esgSubNav
In This List

L+M raises $500M for affordable housing fund


Japan M&A By the Numbers: Q4 2023

Case Study

An Investment Bank Taps S&P's Real Estate Modeling Expertise


FIMA EUROPE 2023: Exploring the Intersection of Data, Governance, and Future Trends in Finance


Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)

L+M raises $500M for affordable housing fund

Homebuilder L&M Development Partners Inc. has raised $500 million in private equity over the last year for its workforce housing fund, The Real Deal reported.

The affordable housing development fund attracted contributions from banks and small family office investors, the news outlet said, citing a source familiar with plans.

L&M Development declined to comment, according to the report.

Workforce housing is a term that is broadly used to describe housing that is more affordable than that typically found close to a workplace.