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    Lightstone Group


    460 Park Avenue
    New York, NY 10022
    (212) 616-9969
    Website
    [email protected]

    The Lightstone Group is a privately held real estate investment firm founded in 1988 by David Lichtenstein.

    The company's $6.5 billion+ portfolio includes multifamily apartments, office buildings, hotels, shopping centers and industrial properties throughout the United States and Canada. The company has offices in New York City, New Jersey, Maryland, and Illinois.

    One of Lightstone's most profitable ventures began in 2002 with the acquisition of Prime Outlets, a Puerto Rico-based outlet mall. The investment firm grew the holding through add-on acquisitions until 2010, when it sold the entire Prime Outlets portfolio to Simon Property Group, netting a profit of $450 million.

    Its acquisition of Extended Stay Hotels was less successful. Lightstone was forced to give up control of the chain after it filed for bankruptcy in 2009.

    In 2018, the firm launched a real estate debt platform, Lightstone Capital, and has also launched four public non-traded REIT  funds.

     

     

    Akiva Elazary
    Lightstone Group, First Vice President, Investments and Asset Management
    460 Park Avenue, New York, NY
    ...
    Scott Avram
    Lightstone Group, Senior Vice President, Development
    460 Park Avenue, New York, NY
    ...
    Christopher Baxter
    Lightstone Group, Senior Vice President, Hospitality
    460 Park Avenue, New York, NY
    ...
    Ariel Feldhamer
    Lightstone Group, Senior Vice President, Asset Management & Investments
    460 Park Avenue, New York, NY
    ...
    Mark Green
    Lightstone Group, Senior Vice President, Construction
    460 Park Avenue, New York, NY
    ...
    Jonathan Rabinow
    Lightstone Group, Senior Vice President, Investments & Capital Markets
    460 Park Avenue, New York, NY
    ...
    Meir Milgraum
    Lightstone Group, Director, Acquisitions and Development
    460 Park Avenue, New York, NY
    ...
    Veronica Hackett
    Lightstone Group, Chief Development Manager
    460 Park Avenue, New York, NY, (212) 616-9969
    Veronica Hackett, who goes by Ronne, is a real estate executive and the...
    Donna Brandin
    Lightstone Group, Executive Vice President & Chief Financial Officer
    460 Park Avenue, New York, NY
    ...
    Joseph Teichman
    Lightstone Group, Executive Vice President & General Counsel
    460 Park Avenue, New York, NY
    ...
    Jennifer Cline
    Lightstone Group, Executive Vice President, Human Resources
    460 Park Avenue, New York, NY
    ...
    Kevin Hart
    Lightstone Group, President, Lightstone Capital Markets
    460 Park Avenue, New York, NY
    ...
    For more info, click here
    • Event Financing
    • Address 325 Exterior Street
    • Neighborhood Mott Haven
    • Borough Bronx
    • Square feet 25,962
    • Price $ 20,000,000
    • Publication Date 12/13/2019
    • Event Date 12/11/2019
    • Party 1 Lightstone Group
    • Party 2 Banco Inbursa
    notes
    The lender issued a loan of $20 million for the Mott Haven property.
    For more info, click here
    • Event Sales
    • Address 399 Exterior Street
    • Neighborhood Mott Haven
    • Borough Bronx
    • Square feet 600,000
    • Price $ 59,000,000
    notes
    The buyer bought the Mott Haven property for $59 million.
    For more info, click here
    • Event Financing
    • Address 30-02 39th Avenue
    • Neighborhood Long Island City
    • Borough Queens
    • Price $ 187,000,000
    notes
    The lender issued a loan of $187 million for the Long Island City property.
    For more info, click here
    • Event Sales
    • Address 201 East 164th Street
    • Neighborhood Longwood Melrose
    • Borough Bronx
    • Price $ 24,500,000
    notes
    The buyer bought the Longwood Melrose property for $24.5 million.
    For more info, click here
    • Event Retail Leasing
    • Address 2121 Davidson Avenue
    • Neighborhood Fordham
    • Borough Bronx
    • Square feet 600
    • Price per foot $ 30.00
    • Publication Date 12/03/2018
    • Event Date 11/25/2018
    • Party 1 Lightstone Group
    • Party 1 Brokerage BruMa Realty
    • Party 1 Broker Shmaya Haskel
    • Party 2 Fast Ride Limo
    notes
    The limo service signed a lease for the Fordham building at $30 per square foot.
    For more info, click here
    • Event Financing
    • Address 365 Bond Street
    • Neighborhood Gowanus
    • Borough Brooklyn
    • Price $ 210,000,000
    notes
    The lender issued a loan of $210 million for the Gowanus property.
    For more info, click here
    • Event Sales
    • Address 2180 Bronx Park East
    • Neighborhood Pelham Parkway
    • Borough Bronx
    • Square feet 75,133
    • Price $ 17,500,000
    • Publication Date 09/07/2018
    • Event Date 09/04/2018
    • Party 1 Martin Shapiro
    • Party 1 Brokerage Cushman & Wakefield
    • Party 1 Broker Robert Shapiro, Jonathan Squires, Bob Knakal
    • Party 2 Lightstone Group
    notes
    The buyer purchased the Pelham Parkway property for $17.5 million.
    For more info, click here
    • Event Sales
    • Address 2198 Cruger Avenue
    • Neighborhood Pelham Parkway
    • Borough Bronx
    • Square feet 88,386
    • Price $ 22,500,000
    • Publication Date 09/07/2018
    • Event Date 09/04/2018
    • Party 1 Martin Shapiro
    • Party 1 Brokerage Cushman & Wakefield
    • Party 1 Broker Robert Shapiro, Jonathan Squires, Bob Knakal
    • Party 2 Lightstone Group
    notes
    The buyer bought the Pelham Parkway property for $22.5 million.
    For more info, click here
    • Event Sales
    • Address 2197 Cruger Avenue
    • Neighborhood Pelham Parkway
    • Borough Bronx
    • Square feet 70,296
    • Price $ 13,000,000
    • Publication Date 09/07/2018
    • Event Date 09/04/2018
    • Party 1 Martin Shapiro
    • Party 1 Brokerage Cushman & Wakefield
    • Party 1 Broker Robert Shapiro, Jonathan Squires, Bob Knakal
    • Party 2 Lightstone Group
    notes
    The buyer purchased the Pelham Parkway property for $13 million.
    For more info, click here
    • Event Financing
    • Address 2151 Davidson Avenue
    • Neighborhood University Heights
    • Borough Bronx
    • Square feet 34,950
    • Price $ 4,770,000
    notes
    The owner secured a loan for $4.77 million for the University Heights building.
    For more info, click here
    • Event Sales
    • Address 2151 Davidson Avenue
    • Neighborhood University Heights
    • Borough Bronx
    • Square feet 34,950
    • Price $ 10,100,000
    • Publication Date 05/15/2018
    • Event Date 04/11/2018
    • Party 1 Paxton Realty
    • Party 2 Lightstone Group
    notes
    The buyer acquired the University Heights building for $10.1 million.
    For more info, click here
    • Event Financing
    • Address 3520 Dekalb Avenue
    • Neighborhood Norwood
    • Borough Bronx
    • Square feet 52,001
    • Price $ 6,600,000
    notes
    The owner secured a $6.6 million loan for the Norwood property.
    For more info, click here
    • Event Sales
    • Address 3520 Dekalb Avenue
    • Neighborhood Norwood
    • Borough Bronx
    • Square feet 52,001
    • Price $ 10,300,000
    • Publication Date 04/17/2018
    • Event Date 04/06/2018
    • Party 1 Calmed Realty
    • Party 2 Lightstone Group
    notes
    The buyer secured the Norwood property for $10.3 million.
    For more info, click here
    • Event Financing
    • Address 29-21 41st Avenue
    • Neighborhood Long Island City
    • Borough Queens
    • Price $ 35,000,000
    • Publication Date 04/02/2018
    • Event Date 03/29/2018
    • Party 1 Lightstone Group
    • Party 2 Western Alliance Bank
    notes
    The owner secured a $35 million loan for the Long Island City property.
    For more info, click here
    • Event Sales
    • Address 29-21 41st Avenue
    • Neighborhood Long Island City
    • Borough Queens
    • Price $ 60,000,000
    notes
    The partnership acquired the Hilton Garden Inn Long Island City for $60 million.
    For more info, click here
    • Event Sales
    • Address 105 East 177th Street
    • Borough Bronx
    • Price $ 50,600,000
    • Publication Date 04/02/2018
    • Event Date 03/27/2018
    • Party 1 Belmar Realty
    • Party 1 Brokerage Marcus & Millichap
    • Party 1 Broker Peter Von Der Ahe, Joseph Koicim, Michael Fusco
    • Party 2 Lightstone Group
    notes
    The buyer secured the 4 multi-family properties in the Bronx for $50.6 million.
    For more info, click here
    • Event Financing
    • Address 112 East 11th Street
    • Neighborhood East Village
    • Borough Manhattan
    • Square feet 78,000
    • Price $ 0
    • Publication Date 03/07/2018
    • Event Date 03/05/2018
    • Party 1 Lightstone Group
    • Party 2 Bank of the Ozarks
    notes
    The owner secured a $91 million loan to finance its Moxy East Village hotel.
    For more info, click here
    • Event Financing
    • Address 485 Seventh Avenue
    • Neighborhood Midtown South
    • Borough Manhattan
    • Square feet 29,465
    • Price $ 262,200,000
    notes
    The owner acquired a $262.2 million loan for the Moxy hotel.
    For more info, click here
    • Event Financing
    • Address 365 Bond Street
    • Neighborhood Gowanus
    • Borough Brooklyn
    • Square feet 323,193
    • Price $ 120,000,000
    notes
    The borrower secured a $120 million 2-year, 3.5% interest refinance loan, which will mature in May 2021.
    For more info, click here
    • Event Financing
    • Address 130 William Street
    • Neighborhood Financial District
    • Borough Manhattan
    • Price $ 305,000,000
    • Publication Date 04/01/2017
    • Event Date 02/15/2017
    • Party 1 Lightstone Group
    • Party 2 Banco Inbursa,S.A., Institucion De Banca Multiple, Mack Real Estate Credit Strategies
    notes
    The company secured a $305 million loan for the mixed-use multifamily and retail development.
    For more info, click here
    • Event Financing
    • Address 105-109 West 28th Street
    • Neighborhood Chelsea
    • Borough Manhattan
    • Square feet 23,287
    • Price $ 53,000,000
    • Publication Date 02/01/2017
    • Event Date 12/18/2016
    • Party 1 Lightstone Group
    • Party 2 Bank of the Ozarks
    notes
    The company secured a $53 million construction loan for the 349-key hotel.
    For more info, click here
    • Event Sales
    • Address 85 East Tenth Street
    • Neighborhood East Village
    • Borough Manhattan
    • Square feet 69,073
    • Price $ 72,200,000
    notes
    The 7-story multifamily building was sold for $72.2 million.
    For more info, click here
    • Event Retail Leasing
    • Address 375 West Broadway
    • Neighborhood SoHo
    • Borough Manhattan
    • Square feet 10,000
    • Publication Date 12/01/2016
    • Event Date 10/15/2016
    • Party 1 Pearlmark Investment Advisors
    • Party 1 Brokerage RKF
    • Party 2 Lightstone Group
    notes
    The sharedspace company signed a lease for online retailers to sell their goods.
    For more info, click here
    • Event Financing
    • Address 30-02 39th Avenue
    • Neighborhood Long Island City
    • Borough Queens
    • Price $ 30,000,000
    • Publication Date 07/01/2016
    • Event Date 05/15/2016
    • Party 1 Lightstone Group
    • Party 2 CIM Commercial Trust Corporation
    notes
    The company secured a $30 million mezzanine loan.
    For more info, click here
    • Event Sales
    • Address 112-120 East 11th Street, 85 East 10th Street
    • Neighborhood East Village
    • Borough Manhattan
    • Price $ 127,000,000
    notes
    The 6-building portfolio sold for $127 million.
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    ...
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