Lobo Development Corporation
Did you Know? Lobo Development Corporation (LDC) and American Campus Communities (ACC) entered into a partnership in 2008 to develop new student housing for UNM. LDC facilitated ground leases with ACC for the development of Lobo Village and Casas del Rio which has added nearly 1900 beds on UNM’s properties.
UNM Facts
Lobo Development Corporation is a UNM Regent-owned, non-profit corporation created under the University Research Park and Economic Development Act, for the purpose of facilitating non-traditional real estate development by way of collaborative and innovative approaches, which advance the goals of University of New Mexico.
Mission
Lobo Development Corporation advances planning, development and management of real property and facilities for the University of New Mexico through new models of engagement, utilizing business focused decision-making within a public educational environment, creating alternative funding sources, and developing public/private partnerships to enhance UNM’s competitiveness, sustainability and long-term value resulting in improvement to campus and community quality of life Who we are Lobo Development consists of a UNM Regent nominated board and a dedicated staff who work to facilitate non-traditional real estate development which advances the goals of the University of New Mexico. The Lobo Development Corporation Board consists of UNM regents and other important stakeholders in the Albuquerque community.
Vision
Lobo Development Corporation, operating in a collaborative public management process, seeks the highest and best use of UNM’s real property assets to facilitate the advancement of scholarly pursuits, improved quality of campus and community life, expansion of alternative funding sources and creation of mutually beneficial products and services UNM’s ISS Vision Statement to advance the core mission of the University UNM Mission and Vision Statements.
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