L+M Companies Appointed New Leadership Team

The firm announced that Eben Ellertson has been named CEO and Carrie Van Syckel has stepped into the role of president.

Updated on Sept. 30, 2026 in People

L+M Companies Appointed New Leadership Team

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L+M Companies has elevated Eben Ellertson to the role of CEO and Carrie Van Syckel to president and chief investment officer. Former leader Lisa Gomez will transition into the position of executive chair at the New York City-based firm.

Why it matters

This leadership transition signals a shift at the top for one of the most prominent real estate developers in the country. The move coincides with a strategic pivot toward expanding the firm's reach into new national housing markets.

L+M Companies maintains a 40-year track record and has developed or invested in more than 60,000 homes. The firm currently operates across a footprint of 15 states.

The players

Eben Ellertson

He is the newly appointed CEO of L+M Companies who previously served as a partner at L+M Development Partners.

Carrie Van Syckel

She is the new president and chief investment officer of L+M Companies who previously led the firm's investment operations.

Lisa Gomez

She is the outgoing leader of L+M Companies who is transitioning to the role of executive chair.

Sixth Street

This is a global investment firm that acquired a stake in L+M Companies during the summer of 2025.

The details

Eben Ellertson, who joined the firm in 2010, was promoted from his previous role as partner at L+M Development Partners. Carrie Van Syckel, an L+M veteran since 2016, previously served as the firm's chief investment officer before taking on these new executive responsibilities.

Timeline

  1. Eben Ellertson joined the company in 2010.

  2. Carrie Van Syckel joined the company in 2016.

  3. Sixth Street made an investment in L+M in the summer of 2025.

  4. These executive promotions were announced on September 30, 2026.

Market Landscape

The firm’s plan to expand development into the Mid-Atlantic, Midwest, Southeast, Texas, and California follows the broader trend of major real estate players diversifying their portfolios beyond historical hubs. This leadership shift positions L+M to challenge competitors in new regions while leveraging their decades of experience in urban development.

For residents and stakeholders, this transition focuses on the company’s ability to deliver large-scale housing projects in new target markets. Customers should anticipate a broader geographic reach for future developments as the firm leverages its expanded national footprint.

The takeaway

The elevation of long-term partners suggests a focus on institutional stability as the firm looks toward significant geographic growth. Readers should monitor regional development announcements to see how this leadership team navigates new housing markets outside of their traditional base.

Further reading

For more information on executive changes in the region, visit the People section.

Source note: This article includes information reported by Commercial Observer.

Live Poll

Should housing developers prioritize local community projects over expanding into new regional markets?