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Sena Affordable Communities (“Sena”) is the LIHTC preservation affiliate of L M Fund Management (“LMFM”). Since 2014, the principals of Sena have been instrumental in the acquisition and renovation of over 10,000 units representing $2.8 billion in transactions across numerous markets, including New York’s tristate area, Washington D.C., the West Coast, and the Sunbelt, Gulf Coast, and Midwest regions. Sena acquires affordable multi-family assets across the U.S. with the goal to renovate and modernize housing while preserving and extending long-term affordability through the use of Low-Income Housing Tax Credits and tax-exempt bonds.
Since 2010, LMFM has been committed to investing in, acquiring, and preserving workforce, affordable, and mixed-income multi-family housing in high-growth metro areas across the U.S. LMFM invests in and operates workforce and affordable assets on behalf of institutional investors and, to date, has acquired over 20,000 units and $4.7 billion in transactions. LMFM utilizes institutional third-party equity and to date has raised more than $1 billion of total equity across multiple investment vehicles. For more information on LMFM, please visit: http://lmfm.com.
LMFM is an affiliate of L M Development Partners (“L M”), which was founded in 1984. L M is a full-service real estate development firm which develops, invests, constructs, and manages properties with industry-leading innovation. Ranked in the Top 25 on Affordable Housing Finance’s Top 50 Developers list nationally, L M and its affiliate companies are responsible for over $16 billion in development and investment and have acquired, built, or preserved over 46,000 high-quality residential units in a variety of urban markets nationwide, primarily in New York’s tristate area. Please visit L M’s website for more information: http://lmdevpartners.com.
Full Time
$258k-498k (estimate)
04/20/2024
08/29/2024