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LMC is a multifamily real estate development and operating company based in the United States. As of August 2020, LMC had $9 billion in high-rise, mid-rise and garden community assets.

LMC, a wholly owned subsidiary of the Lennar Corporation, provides development, construction, asset management and property management services, and as of July 2020 had more than 31,800 apartment homes under management or pre-development.

LMC has 15 regional offices throughout the U.S., with an eastern headquarters in Charlotte, NC, and a western headquarters in Aliso Viejo, Calif. The company oversees apartment communities in 16 different states.

History
LMC, originally Lennar Multifamily Communities, was founded in 2011 when it branched off from Lennar Corporation to form an apartment division. The company transitioned to the LMC brand in 2016.

Lennar Corporation, previously known as F&R Builders, was formed in 1954 in Miami, Fla., and renamed Lennar Corporation in 1971 by combining the names of co-owners Leonard Miller and Arnold Rosen.

Notable Awards
LMC has made six consecutive appearances on the National Multifamily Housing Council’s Top 50 Developers list, most recently finishing No. 4 in 2020 after starting 6,726 apartment homes in 2019. LMC has also been recognized four consecutive times among NMHC’s largest builders, placing No. 12 on the 2020 list.

In 2019, President of LMC Investments John Gray was named Multifamily Executive’s Rising Star for 2019. President of LMC Living JoAnn Blaylock was recognized among GlobeSt.com’s Best Bosses 2020.

LMC has regularly appeared on Best Places to Work Multifamily list by Best Places Group, finishing No. 1 in 2017. LMC also was honored by The Telly Awards in 2020 as a bronze winner in the category of Online Commercials. The spot featured LMC’s “Neighborhoodies” recruitment video.

LMC
Type: Public

Traded as: NYSE:LEN

Industry: Real Estate

Founded: 2013

Headquarters: Eastern: Charlotte, NC; Western: Aliso Viejo, Calif.

Key People: Todd Farrell, President

Services: Development, construction, asset management and property management

Total Assets: $9 billion

Website: livelmc.com