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
A long view.
From the
ground up.
The real estate development and project management arm of XL Funding.
The thinking behind the workXL DEVELOPMENT COMPANYLAND. PARTNERSHIP. POSSIBILITY.
01 Our perspective
See the potential.
Think beyond the build.
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.
Project management
Coordinate the people, priorities, and decisions that move a real estate project forward.
An ownership mindset
Consider the property beyond completion, with operating needs and cash flow in view from the outset.
Project perspectives
Multifamily & luxury residential
Completed development partnership
Society Brooklyn
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.
- Partner
- PMG
- Completed
- 2025
02 Our foundation
A family office.
A shared perspective.
XL Devco is part of XL Funding Inc., a boutique, second-generation real estate family office founded by the late Michael Fischer. Today, his son-in-law, Paul Mata, leads the firm as acting President and CEO.
The family office’s activities span directly owned and operated multifamily, retail, and warehouse properties; raw land; ground-up development with select partners; limited partnership investments; and mezzanine financing.
Ownership, development, and property management. Connected by a common approach to real estate.
03 Connect