The Lightstone Group

The Lightstone Group, founded in 1986 by David Lichtenstein, is a privately held real estate investment company headquartered in New York City. The company specializes in acquiring, developing, and managing a diverse portfolio of properties, including multifamily, office, industrial, hotel, life sciences, and retail assets. As of November 2024, Lightstone manages more than 200 properties with over $9 billion in assets under management, spanning more than 25 U.S. states. The company's portfolio includes approximately 25,000 multifamily units and over 15 million square feet of industrial, logistics, life sciences, and commercial properties. Lightstone is also an active developer and operator of Moxy Hotels in partnership with Marriott, with over 5,100 hotel keys across locations in New York City, Los Angeles, and Miami. The company has more than 530 employees and maintains regional offices in New Jersey, Charlotte (North Carolina), Los Angeles, Detroit, Chicago, Dallas, and Puerto Rico. Lightstone's investment strategy focuses on identifying complex opportunities that others may overlook, leveraging its proprietary capital to act quickly and effectively. The company's in-house asset management team is involved in every phase of each transaction, allowing them to identify operational inefficiencies prior to acquisition and successfully execute on investment theses. Lightstone's diverse portfolio and strategic approach have established it as a significant player in the real estate investment sector.