Our Company

Landex Development is a family-owned real estate development company founded in 1983 and specializing in the formation of public/private partnerships for the acquisition, rehabilitation, and new construction of market rate, mixed-income, and affordable multi-family housing communities in urban settings, including in Maryland, Florida, Massachusetts, Pennsylvania, Missouri, North Carolina, New Jersey, Utah, Virginia, Washington, and the District of Columbia. As a result, since its inception in 1983, the firm has developed and operated over 7,500 high-quality, well-constructed, and well managed multi-family housing apartments for lease.

Landex is particularly experienced in forming public and private partnerships with government entities and in leveraging a variety of public funding sources, including the low income housing tax credits, HOPE VI, US HUD’s Rental Assistance Demonstration (RAD) program, HOME, CDBG, Section 108 loan guarantees, EB-5 Immigrant Investor Program, and other state, local, and private funding sources.

Organizational Structure

We are unique in our organizational and staffing approach to the design, development, and implementation of a community revitalization plan. Our strong corporate development capacity derives from an internal staff that is diverse in gender, race, age, ethnicity, and experiences. The team brings a wealth of tested and proven multidisciplinary professional skills and experiences to the real estate development process.

The Landex team includes individuals with specific expertise and background in all of the disciplines necessary for a holistic approach to housing and community redevelopment, as well as property and asset management (including, but not limited to, design and construction, real estate financing, governmental programs, marketing, legal structuring, and public laws and regulations).

We organize our development team and partners into a multi-disciplinary, co-development team. This structure brings together the co-developers and other professional consultants (including architects and engineers, lenders and equity sources, legal expertise, the general contractor, and MBE/Section 3 expertise), local stakeholders (e.g., resident organizations, neighborhood groups, and other community based providers) and public-private partners in a structure that enables diverse participants from many disciplines to provide relevant input and to work as a coordinated and effective team, ensuring the success of the redevelopment initiative.

Our team is organized into interactive workgroups, each of which focuses on a specific aspect of the emerging revitalization plan – design and construction, legal, financing, marketing, management, and community vision. These workgroups address both their specific substantive areas but also work with each of the other workgroups to ensure an integrated approach to the development. As a result, the input from all workgroups is integrated and one workgroup’s specialty does not dictate the entire development plan; instead, these work groups integrate their skills for the implementation of many different concepts, theories, and schematics into a finished physical product that is reflective of, and sensitive to, its fundamental guiding principles.

The organizational structure for each of our redevelopment initiatives is organized into five functional subgroups:

  • Legal (zoning, land acquisition, public housing regulations, tax credit syndication)
  • Programmatic (market analysis, coordination of community stakeholders)
  • Financing (tax credit syndication, lenders, funding applications)
  • Design and Construction (physical construction and development of the property)
  • Operations and Management (compliance, resident services, day-to-day operations of the property)
  • Community Vision (community stakeholder issues and concerns about density, traffic, affordability, etc.)