L+M Companies Appointed New CEO, President
The real estate firm promoted long-term executives to lead its national expansion strategy.
Updated on Sept. 30, 2026 in People
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L+M Companies has named Eben Ellertson as its new CEO and Carrie Van Syckel as president and chief investment officer. Lisa Gomez will transition to the role of executive chair at the firm, which specializes in residential development and investment.
Why it matters
The leadership changes align with L+M Companies' strategy to scale its footprint beyond its New York City roots. The new management team will oversee efforts to expand development operations into the Mid-Atlantic, Midwest, Southeast, Texas, and California markets.
L+M Companies has built or invested in over 60,000 homes across 15 states during its 40-year history. The firm is now pivoting to accelerate development across new regions.
The players
Eben Ellertson
The new CEO of L+M Companies who previously served as a partner at L+M Development Partners.
Carrie Van Syckel
The newly appointed president and chief investment officer who formerly led investment strategy for the firm.
Lisa Gomez
The transitioning executive chair who previously led the firm during its established 40-year history.
L+M Companies
A residential real estate developer and investor with a 60,000-unit portfolio and a primary office in New York City.
The details
Eben Ellertson, who joined the company in 2010, moves up from his previous role as partner at L+M Development Partners. Carrie Van Syckel, an employee since 2016, shifts from her position as chief investment officer. The firm operates through a consolidated structure encompassing L+M Development Partners, LMXD, and L+M Fund Management.
Timeline
Eben Ellertson joined the firm in 2010.
Carrie Van Syckel joined the firm in 2016.
Sixth Street invested in L+M during the summer of 2025.
Leadership promotions were announced on September 30, 2026.
Market Landscape
The leadership transition follows the strategic capital infusion from the summer 2025 investment from Sixth Street. This move aligns the firm's management structure with its broader national expansion objectives.
Operators should monitor L+M Companies' expansion into new regional markets, as their entry often shifts local land acquisition and housing supply dynamics. Firms in the Southeast, Midwest, and California should track these new leadership priorities for potential partnership or competitive changes.
The takeaway
Companies that successfully transition leadership following major capital investments are better positioned to scale their operational footprints. Track the firm's entry into the Mid-Atlantic and Texas markets as an indicator of their new regional development speed.
Further reading
For more on industry career shifts, visit People.
Source note: This article includes information reported by Commercial Observer.
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