LCOR is a real estate investment, development and management company that specializes in complex in-fill urban and suburban development projects. The company is primarily focused in the Philadelphia, Washington, D.C., and New York City metropolitan areas with operating offices in Berwyn, PA, Bethesda, MD and New York City, NY. The value of developments completed, under construction or in pre-development by LCOR exceeds $7 billion, as the company has developed more than 21,000 residential units and 19 million square feet of commercial space over its history. LCOR is majority owned by the California State Teachers’ Retirement System (“CalSTRS”), which is the largest teacher pension fund and the second largest public pension fund in the United States with a portfolio valued at $213.5 billion.