Owners
Chris Dischinger is a proven leader within the real estate development industry and is co-principal and co-founder of LDG Development in Louisville, Kentucky. He is committed to the business of building better lives by developing quality, affordable communities for hard-working families and active seniors to grow and thrive.
In 1994, Chris formed LDG Development with his business partner, Mark Lechner. Together, they successfully focused on acquiring, developing, building and managing single-family homes. The company eventually grew to have a portfolio of more than 500 homes as well as acquiring and managing commercial real estate properties in several states. In 2002, LDG saw an opportunity to enter the Housing Tax Credit Program. By using this model, LDG has developed over 28,000 units in multiple states, including Kentucky, Texas, Georgia, Louisiana and Tennessee.
Today, LDG has four main divisions, all focused on maximizing growth and production. With the mission statement, “Everyone Deserves a Quality Place to Live,” the company has more than 600 employees who are focused on developing and managing properties for the thousands of families and seniors who are proud to call a LDG community home.
Chris has served as president of four different trade organizations including the national president of the Society of Exchange Councilors. He resides in his hometown of Louisville, Kentucky with his family.
Comprehensive Business and Real Estate Activities
- Sold 120 Condos in eighteen months (Lakeview Condos)
- Bought and renovated 113,000+ square foot shopping center (Russell Plaza)
- Renovated, leased, and managed 62,000 square foot office building – went from 0% to 85% occupancy in 12 months (Breckenridge Business Centre)
- Built to suit 9700 square foot office building (4511 Bardstown Road)
- Built to suit four Hollywood Video Stores (One in Kentucky and Three in Ohio)
- Acquired 17 former Color Tile commercial buildings in 10 states
- Acquired and renovated over 300 single family homes
- Built over 200 single family homes
- Total renovation of 18 unit and 16 unit apartment buildings with city of Louisville rehab loan
- Developed 34 lot subdivision (The Enclave)
- Renaissance Housing Ltd – 27 unit Tax Credit Project – Louisville Ky (Investor – House Investments)
- Forest Drive Single Family Homes -24 unit Tax Credit Project – (Sold)
- Crescent Hill Development, LLC – Developed, built and sold 38 unit condo project
- Acquired 12,250 square foot office building in Louisville, KY
- Commercial Property Group – Acquired 7,800 square foot office building in Frankfort, KY
- Overlook at Beargrass Creek – developed and built 26 unit condo complex
- Cooper Chapel Properties – developed and built 72 unit condo complex
- Glen Hill Manor II, Ltd – 108 unit tax credit project in Louisville, Kentucky
- Elkhorn Creek Ltd – 44 unit tax credit project in Georgetown, Kentucky
- Falcon Crest Patio Homes – 14 units
- Falcon Crest Condos – 64 units
- Falcon Crest Apartments – 208 unit apartment building in Louisville, Kentucky
- Acquired and sold 15,500 square foot office building – 1961 Bishops Lane, Louisville, Kentucky
- Acquired, leased, and built out 14,625 square foot office building in Louisville, Kentucky
- Acquired 22,000 square foot office building in Riverport Industrial Park
- Elkhorn Creek Phase II – 48 unit tax credit apartment project
- Elk River Senior Housing – 40 unit tax credit apartment project
- Gleneagles Apartments – a 184 unit new construction apartment complex in Lexington, Kentucky
- Acquisition of 200,000 square foot office building and parking structure in Elmira, New York
- Acquisition of commercial building in Carrizo Springs, Texas
- Acquisition and sale of vacant land parcel in Muskegon, Michigan
- Acquisition, plat approval and sale of 45 acre business park in Tyler, Texas
- Acquisition of 54,000 square foot office building in Baton Rouge, Louisiana
- Harris Branch Apartments – 248 unit new construction apartment project in Austin, Texas
- Whispering Woods Apartments – 48-unit new construction apartment project in Louisville, Kentucky
- Park Place at Loyola Apartments – 252 unit new construction project in Austin, Texas
- Santora Villas Apartments – 192 unit new construction project in Austin, Texas
- The Villas at Shaver – 240 unit new construction project in Pasadena, Texas
- Inwood Crossings – 260 unit new construction project in Wichita, Kansas
- The Muses – Phase I – 211 unit new construction project in New Orleans, Louisiana
- Whispering Woods Apartments – Phase II – 50 unit new construction apartment project in Louisville, Kentucky
- Melbourne Sr – 110 unit senior housing complex in Alvin, Texas
- The Muses – Phase II – 52 unit housing complex in New Orleans, Louisiana
- Overlook Terraces – 144 unit apartment complex in Louisville, Kentucky
- Floral Gardens Senior – 100 unit independent senior living apartment complex in Houston, Texas
Summary of Professional Experience and Business Transactions
- Developed and built in excess of 4,000 units of multi-unit family properties in numerous states
- Acquired, renovated and managed over 500 single family
- Created numerous 1031 tax deferred exchanges
- Built and sold over 500 single family homes
- Developed or owned 6 hotels
- Owned commercial property in 19 states
Selected Industry Awards & Accomplishments
- 2007 Cliff Weaver Award for Most Creative Transaction- Society of Exchange Counselors
- 2006 Exchange of the Year Kentucky Real Estate Exchangors
- 2005 President’s Award- Louisville Apartment Association
- 2005 Cliff Weaver Award for Most Creative Transaction –Society of Exchange Counselors
- 2004 Government Affairs Award- Louisville Apartment Association
- 2003 Don Kessler Award & Exchange of the Year- Kentucky Real Estate Exchangors
- 2002 Ed Melton Award Kentuckiana Real Estate Investors Association
- 2001 President’s Award and Exchange of the Year- Kentucky Real Estate Exchangors
Education
- University Of Louisville, Louisville, Kentucky, 1984-1988
- Bachelor of Arts—School of Business
- St. Xavier High School, Louisville, Kentucky, 1980-1984
- High School Diploma
Certifications & Extended Areas of Study
- A-Pass-Weikel Real Estate License
- Auctioneer License
- Certified Commercial Investment Member (CCIM) designation
- Society of Exchange Counselors (SEC) designation
- Investment Analysis and Creative Real Estate Techniques, Equity Marking Specialist (EMS) designation
- Extensive course work in real estate and business development, strategic coaching, etc.
Civic and Professional Affiliations
- Society of Exchange Counselors
- President 2011
- Board of Governors 2005-2007
- Kentucky Real Estate Exchangors
- Current Board of Directors
- President 1993 and 1994
- Kentuckiana Real Estate Investors Association
- President
- Indiana Real Estate Exchangors
- President 1993-1994
- Louisville Apartment Association
- Secretary/Treasurer 2006-2007
- President 2003 and 2004
Lisa Dischinger is one of the co-owners and founders of LDG. As one of the first employees for the organization, Lisa was the organization’s “asset manager” and worked directly with residents who lived in the hundreds of single-family homes owned by LDG. It was during this time that she gained a direct understanding of the challenges and issues families living in poverty face. These experiences led her to start the Rita June Foundation in honor of her grandmother. This is LDG’s first non-profit
foundation focused on providing support services that include shelter, education, and food security
Under Lisa’s leadership, the Rita June Foundation has piloted and is expanding several out-of-school-time
educational programs that are focused on boosting reading scores for elementary and middle school students. Lisa cultivated a partnership with Bezos Academy to bring tuition-free, full-day preschools near LDG communities.
As a life lifelong Louisvillian, Lisa is a graduate of the University of Louisville.
Mark began his real estate career in 1985 with the purchase of his first home. He received his real estate license in 1987, and principal broker’s license in 1989. Over the next nine years, Lechner purchased, renovated, sold and managed more than 100 properties. In 1994, Lechner co-founded LDG Development with Chris Dischinger based on their shared belief that “everyone deserves a quality place to live.” Over time, LDG Development has grown to one of the country’s largest developers of affordable housing with more than 28,000 housing units that serves working families and active seniors and spans multiple states. Additionally, the company also owns and manages commercial properties throughout the country. LDG has also recently created an industrial division that has developed and leased almost 2 million square feet and has another 2 million in the pipeline. Lechner has also been involved in developing many other types of real estate over his 39 years in the industry.
Today, LDG has four main divisions all focused on maximizing growth and production. To support this work, the company has more than 600 employees who are committed to ensuring all working families and seniors have access to a place they are proud to call home.
Lechner is a graduate of Purdue University’s Krannert School of Management and held leadership positions in sales and marketing for several companies before he went into the real estate business. Lechner has served as president of several different trade organizations, including the Society of Exchange Councilors, KREE & the Louisville Apartment Association.
