LCP Development
Lyndhurst, OH 11–50 employees 3 principals
Last updated
About LCP Development
LCP Development is a real estate operator headquartered in Lyndhurst, OH. LCP Development operates in Atlanta, Georgia, Birmingham, Alabama and Boston, Massachusetts. Its investment focus is on Affordable Housing, Multifamily - Core and Multifamily - Ground-up.
Legacy RHM Capital is a private real estate investment and development platform headquartered in Lyndhurst, Ohio. Established in July 2025 through the merger of Legacy Capital Partners and RHM Capital Group, the company carries forward a multi-decade operational track record dating back to 2004. The enterprise focuses its investment strategy on institutional-quality multifamily real estate, targeting core-plus, value-add, and select ground-up development assets. Its vertically integrated platform manages the entire asset lifecycle, encompassing acquisitions, underwriting, capital raising, property operations, construction management, and asset dispositions across growth-oriented metropolitan markets. Geographically, the firm concentrates its activities across the Midwest and Southeast United States. Across its operating history, the combined platform has invested approximately $2.97 billion across 88 real estate investments, raised more than $461 million in equity capital, and manages a portfolio totaling thousands of apartment units.
Principals at LCP Development
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3 principals on file
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Recent activity at LCP Development
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LCP Development's project portfolio
8 projects on file · Multifamily (8)
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Markets and themes
Markets LCP Development operates in
- Atlanta, Georgia
- Birmingham, Alabama
- Boston, Massachusetts
- Boulder, Colorado
- Chicago, Illinois
- Dallas, Texas
- Denver, Colorado
- Gainesville, Florida
- Greensboro-High Point, North Carolina
- Greenville-Anderson, South Carolina
- Houston, Texas
- Jacksonville, Florida
- Knoxville, Tennessee
- Louisville, Kentucky
- Macon-Bibb County, Georgia
- Miami - Ft. Lauderdale - West Palm Beach - South Florida
- Mobile, Alabama
- Montgomery, Alabama
- Myrtle Beach, South Carolina
- North Port-Sarasota-Bradenton, Florida
- Palm Bay-Melbourne-Titusville, Florida
- Raleigh-Durham, North Carolina (Research Triangle Park - RTP)
- San Antonio, Texas
- Savannah, Georgia
- St. Louis, Missouri
- Tampa - St. Petersburg, Florida
- Tuscaloosa, Alabama
- Virginia Beach - Norfolk - Hampton Roads, Virginia
- Winston-Salem, North Carolina
Investment themes at LCP Development
- Affordable Housing
- Multifamily - Core
- Multifamily - Ground-up
- Multifamily - Value-Add
- Senior Housing
- Single-Family Homes
- Workforce Housing
Capabilities
- Asset Management
- Brokerage
- Construction Management
- Economic Development
- Mixed Use
- Private Equity
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- Stout VenturesMid-market tierRaleigh-Durham, North Carolina (Research Triangle Park - RTP)Birmingham, Alabama+5 more marketsMultifamily - Ground-upSingle-Family Homes
- Christian Tyler Properties, LLC (CTP)Mid-market tierWinston-Salem, North CarolinaMiami - Ft. Lauderdale - West Palm Beach - South Florida+2 more marketsSenior HousingAffordable Housing+2 more themes
- Development Services Group IncMid-market tierAtlanta, GeorgiaHouston, Texas+3 more marketsMultifamily - Ground-upWorkforce Housing+1 more theme
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Frequently asked questions about LCP Development
- What does LCP Development do?
- Legacy RHM Capital is a private real estate investment and development platform headquartered in Lyndhurst, Ohio.
- Where is LCP Development based?
- LCP Development is headquartered in Lyndhurst, OH.
- What markets does LCP Development operate in?
- LCP Development is active in Atlanta, Georgia, Birmingham, Alabama, Boston, Massachusetts, Boulder, Colorado, Chicago, Illinois, and Dallas, Texas.
- How many employees does LCP Development have?
- LCP Development has 11–50 employees.