Lightstone Company is a prominent privately held real estate firm based in New York City, specializing in a comprehensive range of real estate activities including investment, development, and asset management. Founded in 1988 by David Lichtenstein with an initial investment of $89,000 in a two-family house, Lightstone has transformed into a leading innovator in the real estate market, boasting over $1.8 billion in assets under management through various Real Estate Investment Trusts (REITs) and diverse portfolios that encompass more than 25,000 multifamily units, over 5,100 hotel keys, and 11.7 million square feet of commercial space.
The firm operates across various sectors including residential, hospitality, industrial, and retail, utilizing a strategic approach that combines rigorous research and deep market intuition to identify and capitalize on unique investment opportunities. Lightstone insists on delivering value through innovative design, operational excellence, and the meticulous management of each investment from acquisition to asset management. The company has notably earned recognition for developing the Moxy brand of hotels and other luxury residential projects.
In addition to its core real estate ventures, Lightstone has expanded into associated fields such as life and annuity reinsurance via Converge RE, and it actively invests in emerging technologies related to real estate through Lightstone Ventures. This multi-faceted approach allows Lightstone to remain at the forefront of the real estate industry, maintaining flexibility to navigate market changes while delivering superior returns to its stakeholders. Furthermore, its leadership team is composed of experienced professionals who bring a wealth of expertise to every facet of the business, reinforcing Lightstone's commitment to excellence and integrity in all its ventures.
