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Preeminent developers, investors, lenders, operators, and owners converting opportunities into long-term value.

 

We are a real estate company that matches our entrepreneurial investment strategy with a commitment to creating long-term value for our stakeholders, our properties, and the communities in which we invest and build.

 

VIEW PORTFOLIO

RESIDENTIAL
15,700 Units
Multifamily, Leasing, and Property Management
HOSPITALITY
4,100 Keys
Hospitality Development and Property/Asset Management
COMMERCIAL
4 Million Sq Ft
Retail and Industrial Commercial Management
DEVELOPMENT
$3.5 Billion Pipeline
Residential and Hospitality Development
CAPITAL MARKETS
$1.35 Billion AUM
Real Estate Investment Trusts
REINSURANCE
$700 Million AUM
Life and Annuity
DEBT
$500 Million Pipeline
Lending and Acquisitions
VENTURE
$100 Million Capital
Early-stage Technology Investments
REACH
24 States
Investing and Developing across the country

An Intuitive Approach

At our core, we specialize in identifying, acquiring, and improving existing real estate, and in creating unique properties through ground-up development.
Our agile approach, honed over 30 years, combines our intuition and experience with rigorous research and meticulous analysis. We’ve built our reputation on our ability to identify opportunities early, analyze their potential, and transform them into above-market risk-adjusted investments.
Our Company
A Visionary Real Estate Developer.
Our developments are groundbreaking in every respect. We lead the market with creative planning, visionary design, and operational excellence. From developing the first Moxy hotels in the United States, to conceiving residential buildings with hotel-like amenities, to pioneering undiscovered neighborhoods at 365 Bond Street and ARC, to bringing award-winning architect David Adjaye’s first tower to life at 130 William, we develop buildings that are first instance.
DEVELOPMENT

Over 30 years of experience.

Starting with an $89,000 investment in a two-family house in 1986, founder David Lichtenstein has grown Lightstone into a real estate powerhouse, recognized as one of the largest and most innovative diversified privately held real estate firms in the United States.

View Highlights of The Lightstone Story Below.

  • 1988
  • 2010

    Established Lightstone Value Plus REIT, Inc. (LVPR I)

    A public non-listed REIT, current AUM $495mm

    Established Lightstone Value Plus REIT II, Inc. (LVPR II)

    A public non-listed REIT focused on select service hotels, current AUM $274mm

    Established development platform focused on hospitality and residential development

    Lightstone named as one of “NYC’s Most Active Developers” by The Real Deal

    Established Lightstone Value Plus REIT III, Inc. (LVPR III)

    A public non-listed REIT focused on select-service hotels, current AUM $156mm

    Established Lightstone Real Estate Income Trust, Inc. (LREIT)

    A public non-listed REIT focused on Development Finance, current AUM $84mm

    Lightstone Enterprises Limited completes Series A and Series B bonds rated A+ by Standard & Poor’s Maalot

    Lightstone Enterprises Limited completes Series A and Series B bonds rated A1 by Moody’s Midroog

    Lightstone Enterprises Limited completes Series A bond offering of $245mm on the Tel Aviv Stock Exchange (TASE), with cumulative bond offerings totaling $348mm including subsequent Series B round

    Crain’s New York named Lightstone as “100 Best Places To Work in New York City”

    Lightstone appointed as the external advisor and property manager of Behringer Harvard Opportunity REIT II, Inc (now known as Lightstone Value Plus REIT V)

    A public non-listed REIT focused on acquiring and operating commercial real estate and real estate-related assets, current AUM $343M

    Lightstone forms Lightstone Ventures, focusing on PropTech, InsureTech, and FinTech early stage investments

    Lightstone wins Marriott Partnership Circle Award and Marriott Outstanding Contribution Award

    Lightstone forms Converge RE II, a life and annuity reinsurer

    Acquisition of Spice Tree Apartments, bringing multifamily portfolio to over 15,000 units

    551-unit property in Ann Arbor, MI

    Lightstone Forms Lightstone Capital

    A Real Estate Debt Strategies Platform

Established Lightstone Value Plus REIT, Inc. (LVPR I)

A public non-listed REIT, current AUM $495mm

Established Lightstone Value Plus REIT II, Inc. (LVPR II)

A public non-listed REIT focused on select service hotels, current AUM $274mm

Established development platform focused on hospitality and residential development

Lightstone named as one of “NYC’s Most Active Developers” by The Real Deal

Established Lightstone Value Plus REIT III, Inc. (LVPR III)

A public non-listed REIT focused on select-service hotels, current AUM $156mm

Established Lightstone Real Estate Income Trust, Inc. (LREIT)

A public non-listed REIT focused on Development Finance, current AUM $84mm

Lightstone Enterprises Limited completes Series A and Series B bonds rated A+ by Standard & Poor’s Maalot

Lightstone Enterprises Limited completes Series A and Series B bonds rated A1 by Moody’s Midroog

Lightstone Enterprises Limited completes Series A bond offering of $245mm on the Tel Aviv Stock Exchange (TASE), with cumulative bond offerings totaling $348mm including subsequent Series B round

Crain’s New York named Lightstone as “100 Best Places To Work in New York City”

Lightstone appointed as the external advisor and property manager of Behringer Harvard Opportunity REIT II, Inc (now known as Lightstone Value Plus REIT V)

A public non-listed REIT focused on acquiring and operating commercial real estate and real estate-related assets, current AUM $343M

Lightstone forms Lightstone Ventures, focusing on PropTech, InsureTech, and FinTech early stage investments

Lightstone wins Marriott Partnership Circle Award and Marriott Outstanding Contribution Award

Lightstone forms Converge RE II, a life and annuity reinsurer

Acquisition of Spice Tree Apartments, bringing multifamily portfolio to over 15,000 units

551-unit property in Ann Arbor, MI

Lightstone Forms Lightstone Capital

A Real Estate Debt Strategies Platform