The Lightstone Group

About The Fund

The Lightstone Group is a privately held investment firm with a diversified portfolio and expertise in real estate. Founded in 1988 by David Lichtenstein, the firm has a stronghold in New York and extends its operations across 27 states. The Lightstone Group exhibits a history of acquiring and managing multifamily housing, with over 25,000 units, and has delved into the hospitality sector, currently managing 27 hotels. They specialize in identifying, acquiring, and improving real estate properties, as well as pioneering ground-up development projects. Their investment strategy is entrepreneurial and geared towards creating lasting value for stakeholders, properties, and communities. The Lightstone Group also places a strong emphasis on innovative planning, visionary design, and operational excellence, leading the market through creative endeavors and first-instance developments. Lightstone has a real estate debt strategy platform known as Lightstone Capital and an early-stage technology investments wing with a portfolio including PropTech, InsureTech, and FinTech ventures. Their many investments reflect a keen intuition backed by rigorous research and meticulous analysis. Over the years, they have marked several milestones, including groundbreaking residential and hospitality projects, a series of successful acquisitions, and the establishment of various platforms and trusts, all aimed at persistent growth and the establishment of significant urban landmarks. They've won numerous awards, and their achievements in the design and development of lifestyle hotels have been recognized internationally. Additionally, their Lightstone Value Plus REIT has a substantial AUM, indicating successful real estate investment trust management. Despite their noted hardware in the real estate sector through multifamily, commercial, life sciences, and hospitality portfolios, Lightstone’s venture entity has earmarked $100 million for early-stage technology investments, with interests in sectors like Software (Web Marketplace SaaS) and Logistics & Distribution, marking a diversified approach to value creation. They exhibit a unique ability to navigate complex markets with a focus on long-term profitability and growth.