Lightstone Value Plus Reit III - aVenture Asset Manager Research
Location
New York City, NY, US
Founded
2008
Lightstone Group is a privately held real estate investment company based in New York City. The firm focuses on developing, managing, and investing across various real estate sectors, including multifamily, office, industrial, and hospitality properties. With operations spanning multiple states, Lightstone has built a diverse portfolio since its founding in 1988.
The company has notable investments in multifamily housing, with over 20,000 units across multiple states. Lightstone has also made significant moves in the retail sector, including the acquisition and recapitalization of Prime Retail. The firm operates Lightstone Value Plus REIT, a public non-listed REIT with assets under management of $485 million. Additionally, Lightstone has ventured into proptech investments, backing companies like Bowery Valuation, a commercial real estate appraisal platform.
Lightstone Value Plus Reit III - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
Portfolio Companies2
Current Portfolio Count2
Top Investment Stages
Angel1 (50.0%)
Series A1 (50.0%)
Stage Mix
Angel 50%Series A 50%
Concentration shown as share of disclosed investments by stage.