Former President George W. Bush and Mr. Lichtenstein.

Mr. Hochberg, New York City Mayor Bill de Blasio and Mr. Lichtenstein.

About Lightstone

Our Capabilities

Lightstone’s unique investment philosophy has allowed the company to thrive amid the competition, generating superior returns for investors. As active investors, we pursue investment strategy, property development and daily operations with equal rigor.

Lightstone aggressively seeks out properties that other investors have not yet discovered. Our vast experience with challenging real estate allows us to close even the most complex deals with speed and attention to detail.

We maintain one of the most diversified portfolios in the business, which helps us minimize risk. Where other investors see a “value” property, we see an untapped opportunity to transform a property and deliver higher returns.

Lightstone draws on diverse sources of capital to finance projects. We participate in deals at all levels of the capital structure, from equity to preferred equity to debt. Lightstone believes that the best deals are often the simplest in terms of structure, but we are also highly creative at building complex transactions. While other investors may be deterred by complexities and challenges such as distressed capital structures, Lightstone can navigate these obstacles with confidence, both in the United States and abroad.

Executive Team

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David Lichtenstein
Chairman & CEO

David Lichtenstein is Chairman and CEO of Lightstone, which he founded in 1988. Mr. Lichtenstein personifies Lightstone’s commitment to the highest standards of quality, integrity, and value. In addition to chairing the board of directors, he is responsible for directing all aspects of the acquisition, financing and management of the company’s diverse portfolio of multifamily, hospitality, retail, office, and industrial properties. Mr. Lichtenstein has built a reputation for his ability to navigate the real estate industry, identify successful real estate opportunities, and time the markets. Mr. Lichtenstein was appointed by New York City Mayor Bill de Blasio to the NYC Economic Development Corporation’s Board of Directors. The NYCEDC is New York City’s primary economic development vehicle. Mr. Lichtenstein is on the Board of Governors of the Real Estate Board of New York, a Trustee of the Citizens Budget Commission, and is a Member of The Economic Club of New York and the Real Estate Roundtable, and Co-Chair of the Real Estate Capital Policy Advisory Committee. He is also a trustee of The Touro College and University System and sits on the Board Supervisory Committee for The New York Medical College. Mr. Lichtenstein is a founder of the Friendship House, an organization that provides housing for families of sick children and adults in the Greater New York City area.

Mitchell C. Hochberg
President & COO

Mitchell C. Hochberg is President and COO of Lightstone. He has more than 30 years of experience in every facet of real estate development and operations, including the residential, hospitality, commercial, gaming and mixed-use sectors. He founded and for 20 years served as the President and Chief Executive Officer of Spectrum Communities, a premier residential developer in the northeastern United States. Thereafter, he served as President and Chief Operating Officer of Ian Schrager Company, a developer and manager of innovative luxury hotels and residential projects in the United States. He is currently a Principal in partnership with Marriott International and Ian Schrager Company in the rollout of Edition, a next-generation lifestyle boutique hotel concept. Mr. Hochberg currently serves on the Board of Directors of Belmond Ltd. (formerly Orient-Express Hotels Ltd.) as Chairman of the Investment Committee and member of the Audit and Nominating and Governance Committees. Mr. Hochberg is an Attorney at Law and a Certified Public Accountant. He received his law degree as a Harlan Fiske Stone Scholar from Columbia University School of Law. He graduated magna cum laude from New York University College of Business and Public Administration with a Bachelor of Science degree in accounting and finance.

David Lichtenstein
Chairman & CEO
David Lichtenstein is Chairman and CEO of Lightstone, which he founded in 1988. Mr. Lichtenstein personifies Lightstone’s commitment to the highest standards of quality, integrity, and value. In addition to chairing the board of directors, he is responsible for directing all aspects of the acquisition, financing and management of the company’s diverse portfolio of multifamily, hospitality, retail, office, and industrial properties. Mr. Lichtenstein has built a reputation for his ability to navigate the real estate industry, identify successful real estate opportunities, and time the markets. Mr. Lichtenstein is on the Board of Governors of the Real Estate Board of New York, a Trustee of the Citizens Budget Commission, and is a Member of the Real Estate Roundtable and Co-Chair of the Real Estate Capital Policy Advisory Committee. He is also a trustee of The Touro College and University System and sits on the Board Supervisory Committee for The New York Medical College. Mr. Lichtenstein is a founder of the Friendship House, an organization that provides housing for families of sick children and adults in the Greater New York City area

Mitchell C. Hochberg
President
Mitchell C. Hochberg is President and COO of Lightstone. He has more than 30 years of experience in every facet of real estate development and operations, including the residential, hospitality, commercial, gaming and mixed-use sectors. He founded and for 20 years served as the President and Chief Executive Officer of Spectrum Communities, a premier residential developer in the northeastern United States. Thereafter, he served as President and Chief Operating Officer of Ian Schrager Company, a developer and manager of innovative luxury hotels and residential projects in the United States. He is currently a Principal in partnership with Marriott International and Ian Schrager Company in the rollout of Edition, a next-generation lifestyle boutique hotel concept. Mr. Hochberg currently serves on the Board of Directors of Belmond Ltd. (formerly Orient-Express Hotels Ltd.) as Chairman of the Investment Committee and member of the Audit and Nominating and Governance Committees. Mr. Hochberg is an Attorney at Law and a Certified Public Accountant. He received his law degree as a Harlan Fiske Stone Scholar from Columbia University School of Law. He graduated magna cum laude from New York University College of Business and Public Administration with a Bachelor of Science degree in accounting and finance.

National Portfolio

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Lightstone Group national portfolio and assets under management

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148 active properties across 25 states

Multifamily

Lightstone has invested in a large portfolio of multifamily residential housing, with over 10,500 units throughout the United States.

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New York Residential Development

Lightstone has significant experience navigating the New York City residential housing market, which has proven its resilience time and again. We focus on game-changing residential developments in emerging, high growth neighborhoods through out Manhattan, Brooklyn and Queens.

Outlet Mall Development

Wholly Owned Lightstone Subsidiary:

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Lightstone affiliate, Paragon Outlet Partners’, is one of the largest development firms in the retail industry. Paragon Outlet Partners delivers state-of-the-art shopping destinations offering convenience access to robust collections of the world’s most iconic brands.

The result of a disciplined and strategic approach to retail development, Paragon Outlet Partners’ reputation and portfolio has consistent momentum. Since 2010, the company has delivered successful outlet centers in Eagan, Minnesota (Minneapolis-St. Paul market), Grand Prairie, Texas (Dallas-Fort Worth market) and Livermore Valley, California (San Francisco market). The firm’s current development pipeline includes Baltimore, Maryland, Detroit, Michigan and Houston, Texas.

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Twin Cities Premium Outlets

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Artegon Mall

Hotel Portfolio

In keeping with Lightstone’s diversified strategy, the company has accumulated a broad hospitality portfolio of over 3,500 rooms in seven states.

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Additionally, Lightstone has partnered with Marriott International, one of the world’s most prominent names in hotels, to launch its new Moxy hotel brand. Lightstone has committed $2 billion to develop this lifestyle hotel brand that targets young millennials. Lightstone has several Moxy hotels under development in New York City and is identifying other key markets for the new Moxy brand.