Real estate development
Bring an owner’s perspective to ground-up development, with the site, the plan, and the right partners considered together.
Development & project management
The real estate development and project management arm of XL Funding.
The thinking behind the work
01 Our perspective
The right development starts with a clear view of what a property can become—and what it takes to get there.
XL Development Company LLC is the real estate development and project management arm of XL Funding. Our perspective is shaped by real estate ownership: the land, the plan, the partners, and the property’s life after completion.
Bring an owner’s perspective to ground-up development, with the site, the plan, and the right partners considered together.
Coordinate the people, priorities, and decisions that move a real estate project forward.
Consider the property beyond completion, with operating needs and cash flow in view from the outset.
Multifamily & luxury residential

Completed development partnership
Gowanus · Brooklyn, NY
XL Funding is a partner with PMG in Society Brooklyn, a completed ground-up development. The project brings residential towers and commercial space to the Gowanus waterfront.


02 Our foundation
XL Devco is part of XL Funding Inc., a boutique, second-generation real estate family office with a longstanding history of investing in and developing real estate.
The family office maintains a diversified real estate platform spanning directly owned and operated multifamily, retail, and industrial properties; raw land; ground-up development with select partners; limited partnership investments; and mezzanine financing. Its investment activities encompass a range of real estate strategies and asset classes, with a focus on disciplined investing, long-term value creation, and strategic growth.
Ownership, development, and property management. Connected by a common approach to real estate.

03 Connect