About us

Quality. Luxury. Community.

FMB Development is one of Southern California’s most dynamic and community-oriented developers of luxury residential real estate, focusing on prime locations spanning from Venice to Downtown Los Angeles.

Our distinctive properties range from single-family homes to multi-unit residential buildings to mixed-use developments, showcasing the latest in architectural design, unique artistic elements, and the highest quality materials and finishes.

We work in partnership with the communities where we operate, developing real estate that is suited to the surrounding neighborhood, increases property values, and improves the quality of life for local residents.

Our values

  • Quality
  • Innovation
  • Community
  • Philanthropy

FMB Development creates state-of-the-art properties that utilize only the highest quality materials and finishes.

With our eye on the future, we integrate breakthrough design, green and sustainable features, and smart home technology.

We work to leave every neighborhood where we operate better than when we came. We create strategic partnerships with the local communities to design properties that seamlessly integrate with and contribute to each area’s unique character and needs.

We give back in every community where we do business.

FMB Development creates state-of-the-art properties that utilize only the highest quality materials and finishes.

With our eye on the future, we integrate breakthrough design, green and sustainable features, and smart home technology.

We work to leave every neighborhood where we operate better than when we came.

We give back in every community where we do business.

Our team

Ilan Kenig is an accomplished entrepreneur and the CEO of FMB Group. He brings more than 30 years of domestic and international experience in the legal, financial, and management aspects of real estate development projects along with vast knowledge of administration and team building.

A results-oriented and decisive leader, Ilan’s steady stewardship has quickly led FMB Development to preeminence in the Los Angeles real estate world.

Over the course of his esteemed career, Ilan has secured over $100 million of funds for a variety of real-estate transactions, and has committed to investing in communities before and after construction.

A former Lieutenant Colonel in the Israel Defense Forces, Ilan is active with a range of non-profit organizations, including the Israeli American Council, AIPAC, and Larger Than Life.

–  Ilan kenig, CEO, FMB Group

BS in Finance from Long Island University.  Masters in Accounting from University North Carolina, Chapel Hill. Seven years of industry experience in Lending and Fund Control.

Fluent in Armenian.

– Aram Bagramyan, CFO

BS in Accounting from University of Phoenix, and an MBA in Finance from Keller graduate school of management, DeVry, Long Beach. Two master certifications: Human Resources and Marketing. 20 years experience managing construction finances.

Fluent in Hindi and Malayalam.

– Zachary Varughese, FINANCIAL CONTROLLER

Bachelor degree from University of California, Berkeley, with concentrations in Political Science & Political Economics. Experience includes five years in operations management, and three years in capital markets.

Fluent in Russian.

– Alexander Ayzenberg, DIRECTOR OF OPERATIONS

Finance and Business Management degree from Virginia Tech. Mark has over 20 years of experience in corporate finance and operations.  CPA and licensed Real Estate Agent.  Mark leads the growing property management and real estate sales division of FMB.

– Mark Prince, PROPERTY MANAGEMENT & REAL ESTATE SALES MANAGER

Bachelor degree of Accounting from St. Francis Xavier University in Canada, and MBA in Finance & Applied Analytics from Pepperdine University in Los Angeles, California.  Specializes in financial due diligence, reporting, construction accounting and finance.

Fluent in Mandarin Chinese and Changsha dialect.

– Olivia Shi, FINANCIAL ANALYST

Bachelor degree in civil engineering and Masters degree in Structural engineering. 25 years of construction experience. Specializes in structural design. Nine years of teaching experience.

Fluent in Armenian and Farsi

– Arlen Hambarchian, PROJECT MANAGER

Graduated from NYU with a Masters degree in Project Management & Operations Management. Noam has over seven years of industry experience. Specializes in commercial and residential projects.

– Noam Amit, PROJECT MANAGER

Capabilities

FMB’s trusted network of real estate experts and advisors are ready to support acquisition, financing, and development for every kind of project, from single-family homes to large-scale mixed-use developments.

Acquire

Finding properties that meet FMB Group’s standards and our client’s requirements in design, luxury and location.

Finance

Offering clients a pathway to make their dream homes an affordable reality through solutions tailored to our clients’ means.

Develop

Designing luxury resident real estate that blends our commitment to modern designs with a dedication to maintaining the community fabric.

Live

Ayala by FMB is FMB’s brand for thoughtfully-designed residential properties. Ayala’s single-family and multi-family homes reflect a commitment to graceful, intuitively designed communities that support the lives of individuals who live in and around them.