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Investor, developer, lender, operator, and owner 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.
An Intuitive Approach
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 one of the most innovative and diversified privately held real estate firms in the United States.
View Highlights of The Lightstone Story Below.
Founding of Lightstone
Began acquiring and managing a growing portfolio of multifamily housing, currently with over 30,000 units in 13 states
Acquired Prime Retail for approximately $640mm
Subsequently, recapitalized with Simon Property Group for $2.3b in December 2009, one of the firm’s most noteworthy successes
Began acquiring and asset managing hospitality platform
Currently 27 hotels in 16 states
Established development platform focused on hospitality and residential development
Opened Gantry Park Landing
199-unit luxury rental property in Long Island City, Queens
Opened 365 Bond
430-unit luxury rental property in Gowanus, Brooklyn
Crain’s New York named Lightstone as “100 Best Places To Work in New York City”
Formed Lightstone Ventures, focusing on PropTech, InsureTech, and FinTech early stage investments
Formed Converge RE II, a life and annuity reinsurer
Opened Moxy Times Square, Marriott’s flagship Moxy hotel
Awarded Development Project of the Year at ALIS (the American Lodging Investment Summit)
Winner of Conde Nast Traveler’s 2020 Reader’s Choice Award “Top 25 Hotels in NYC”
Opened ARC
428-unit luxury rental property in Long Island City, Queens
Established Lightstone Capital
A real estate debt strategies platform
Opened Moxy Chelsea
Received Boutique Design’s 2019 Goldkey Award for Best Midscale Hotel and Surface Magazine’s 2019 Travel Award for Best Micro-Hotel
Winner of Conde Nast Traveler’s 2020 Reader’s Choice Award “Top 25 Hotels in NYC”
Opened Moxy East Village
Recognized as one of Business Insider’s Top 20 NYC Hotels
Winner of Hospitality Design’s Award for “Best Select Service Hotel”
Winner of Conde Nast Traveler’s 2020 Reader’s Choice Award “Top 25 Hotels in NYC”
Opened 40 East End Avenue
28-unit luxury condominium property in New York, NY
Lightstone Enterprises Limited completed Series A and Series B bond offering on the Tel Aviv Stock Exchange (TASE) totaling $347mm
Bonds are rated A+ by Standard & Poor’s Maalot
Opened 130 William
242-unit luxury condominium property in New York, NY
Opened Moxy South Beach
202-room lifestyle hotel in South Beach, Miami
Acquired 7,810-unit suburban Detroit multifamily portfolio for $1b
The acquisition from Hartman & Tyner increased Lightstone’s multifamily portfolio to over 23,000 units
Opened Moxy Lower East Side
Opened Moxy Lower East Side
Recognized as one of the Best New Hotels by Esquire Magazine
Winner of Interior Design Magazine’s 2023 NYCxDESIGN Awards for “Hotel Category”
Opened Moxy Williamsburg
216-room lifestyle hotel in Brooklyn, NY
Opened Moxy and AC Hotel Downtown Los Angeles
727-room dual-branded hotels in Los Angeles, CA
Awarded Development Project of the Year at ALIS (the American Lodging Investment Summit)
Finalist at 2023 Interior Design’s Best of Year Awards for Best Domestic Chain Hotel
Crain's 2023 Best Place to Work NYC
Crain’s 2023 Best Place to Work NYC
Crain's 2024 Best Place to Work NYC
Crain’s 2024 Best Place to Work NYC