Q4 portfolio update: institutional capital commitments
Fourth-quarter results reflect record institutional inflows, disciplined capital deployment, and strong asset performance.
LDGI has issued its fourth-quarter portfolio update to limited partners and joint-venture investors. The quarter closed with record institutional capital commitments across the firm's residential, mixed-use, and infrastructure strategies, alongside continued strength in operating asset performance.
Highlights include a 14.6% weighted average unlevered project yield-on-cost for stabilized assets, a same-store net operating income increase of 7.9% year-over-year, and a construction pipeline of $2.8 billion in gross development value across active and pre-development projects.
The firm reaffirmed its long-term thesis: institutional-quality product, in supply-constrained gateway and high-growth secondary markets, delivered through disciplined engineering-led execution and long-duration capital alignment. A detailed investor letter has been distributed through LDGI's LP portal.
For media & investor inquiries, contact leonard.lucas@lucasdevelopmentgroup.com