Lemor Development Group History
Lemor Development Group (LDG), a minority owned entity, was established in 2014 as a division of the Lemor Realty Corporation to manage the acquisition, development, and management of underperforming government and privately funded multifamily properties and projects. Formed by President, Kenneth Morrison, and Director of Acquisitions, Harrison Rayford, LDG focuses on affordable and workforce housing in New York City, New Jersey and select markets throughout the country. LDG has a strong commitment to reducing the critical shortage of affordable housing while simultaneously working to positively impact the lives of tenants beyond the four walls.
Lemor Realty Corporation History
Lemor Realty Corporation was founded in 1988 as a family owned Real Estate brokerage firm, which has since expanded into property management and development with over $80,000,000 in development projects. Lemor Realty is a New York State MWBE Certified Real Estate and Property Management firm with the resources and capabilities to acquire, develop, and manage government and privately funded projects. With over 750 units (Residential, Commercial, and Retail) and growing, Kenneth Morrison and Harrison Rayford started Lemor Development Group to continue and foster the growth.
Leveraging Professional Relationships
Given our over 40 years of combined experience, the LDG executive team and staff have established several strong and long-lasting relationships with acquisition, government, debt, equity, development, and construction partners, including: