Sixth Street completed the acquisition of a minority stake in L+M Development.

Sixth Street, a US-based global investment firm, completed the acquisition of a minority stake in L+M Development, a real estate development firm. Financial terms were not disclosed. “The creation and preservation of affordable housing is a pressing national priority, and L+M is committed to strengthening economically diverse communities decades into the future. Partnering with a leading investor like Sixth Street creates a powerful foundation for L+M to deliver on our mission and foster transformative, community-driven development that ensures long-term housing solutions for families across the country,” Carrie Van Syckel, L+M Fund Management Partner.