The Lightstone Group
| Company type | Privately-held company |
|---|---|
| Industry | Real estate, Private equity, Private credit |
| Founded | 1986 |
| Founder | David Lichtenstein |
| Headquarters | New York City |
Area served | New Jersey Maryland Illinois California North Carolina Michigan New York |
Number of employees | Over 570 |
| Website | www.lightstonegroup.com |
The Lightstone Group is a privately held real estate investment company that owns and operates a portfolio of multifamily, office, industrial, hotel, life sciences, and retail properties. Founded by David Lichtenstein following his first property purchase in June 1986, the company has since invested in both individual real estate assets and real estate operating companies. As of November 2024, Lightstone manages more than 200 properties with over $12 billion in assets under management.
The company's portfolio of real estate properties spans more than 25 U.S. states, and includes approximately 25,000 multifamily units, over 15 million square feet of industrial, logistics, life sciences, and commercial properties. The company is an active developer and operator of Moxy Hotels in partnership with Marriott, with locations in New York City, Los Angeles, and Miami.
The Lightstone Group has more than 570 employees, and is headquartered in New York City with regional offices in California, New Jersey, Maryland, Illinois, Michigan and North Carolina. Beacon Management is a subsidiary of Lightstone that manages the company’s residential properties. Baltimore, Maryland-based Paragon Outlets is an affiliate of Lightstone, and manages the company's retail portfolio.