About Lightstone
Lightstone is a publicly listed company based in New York (United States) founded in 1988 by David Lichtenstein and Barry Farkas. Real estate investor, developer, lender, and operator creating long-term value. Lightstone has raised $18 million across 10 funding rounds from investors including Goldman Sachs, Citi and Dime Community Bank. The company has 306 employees. Its chief executive, as recorded, is David Lichtenstein. Its website lightstonegroup.com draws about 11 thousand monthly visits. Lightstone offers products and services including Real Estate Development and Asset Management.
Company details
Lightstone was founded in 1988 and is headquartered in New York, United States. Operations are focused on real estate sectors such as multifamily, hospitality, commercial, and life sciences. Properties are identified, acquired, and improved, while unique developments are undertaken. Capital is deployed through various investment vehicles, and assets are managed to support stakeholder interests. Lending services are also provided across these areas.
- Headquarters New York, United States
- Employees 306
- Founders David Lichtenstein, Barry Farkas
- Stage Public
- Email••••••••
- Phone•••• ••••
- Website lightstonegroup.com
- Social LinkedIn X
- Legal Name Lightstone Val Pls Real E Inv Tr Ii
- Annual Revenue$47.67 M (USD)-2.36as on Dec 31, 2025
- Net Profit-$6.05 M (USD)-25.97as on Dec 31, 2025
- EBITDA$6.12 M (USD)-24.96as on Dec 31, 2025
- Total Equity Funding$18M (USD)
in 10 rounds
- Latest Funding Round$165.6M (USD), Debt – Conventional
Jan 2024
- InvestorsGoldman Sachs
& 7 more
- Employee Count306
Products & Services of Lightstone
Lightstone offers a comprehensive portfolio of products and services, including Real Estate Development and Asset Management.
Real estate properties are developed in residential and hospitality sectors to create long-term value
Real estate assets are managed through acquisition, improvement, and operational strategies
Funding Insights of Lightstone
Lightstone has successfully raised a total of $18M across 10 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $165.6 million completed in January 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $18M
- Total Rounds 10
- Last Round Debt – Conventional — $165.6M
- First Round $100M
(Nov 2017)
- Investors Count 8
All 10 funding rounds of Lightstone with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2024 | $165.6M | Debt – Conventional | – | – | – |
| Mar 2019 | $155M | Debt – Conventional | – | – | |
| Feb 2019 | $187M | Debt – Conventional | – | – | |
| Jan 2019 | $14.9M | Debt – Conventional | – | – | |
| Dec 2018 | $55M | Debt – Conventional | – | – | |
| Dec 2018 | $18M | Private Equity Round | – | – | |
| Aug 2018 | $80M | Debt – Conventional | – | – | – |
| Mar 2018 | $63.1M | Debt – Conventional | – | – | |
| Nov 2017 | $262M | Debt – Conventional | – | – | |
| Nov 2017 | $100M | Debt – Conventional | – | – | – |
8 investors in total: 8 institutional.
Investors in Lightstone
Lightstone has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include Goldman Sachs, Citi and Dime Community Bank.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
KSL Capital Partners is focused on travel and leisure investments. | kslcapital.com | Denver, USA | ||
Investment banking services are delivered across multiple financial sectors. | 1869 | goldmansachs.com | New York, United States | |
Real estate asset management and origination platform | 2008 | loancore.com | Greenwich, United States | |
Commercial banking and financial services are provided globally. | 1812 | citi.com | New York, United States | |
Provider of business and personal banking services | 1864 | dime.com | Hauppauge, United States | |
Commercial bank | 2000 | capitalsource.com | Los Angeles, United States | |
Diversified investment management and private equity strategies are provided. | 1990 | canyonpartners.com | Los Angeles, United States | |
Commercial bank | 1903 | ozk.com | Little Rock, United States |
Investor details for Lightstone
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Lightstone
57 people are tracked at Lightstone (30 in leadership, 27 in team); the tracked headcount is 306.
| Name | Role | Group |
|---|---|---|
David Lichtenstein | Co-Founder & Co-CEO | Leadership |
Barry Farkas | Co-Founder & CEO | Leadership |
Mitchell Hochberg | President | Leadership |
Mitchell C. Hochberg | President | Leadership |
Soren Godbersen | Chief Growth Officer | Leadership |
D Oliver Martineau | Global Head Of Sales | Leadership |
Terri Reynolds | Associate General Counsel And Vice President | Leadership |
Jack Ford | Vice President | Leadership |
Boris Grinberg | Director Of Corporate Finance | Leadership |
Sherry Eldridge | Vice President Human Resources | Leadership |
Melissa Turner | Senior Director Human Resources | Leadership |
Susanne Werner | Director Of Hospitality Accounting | Leadership |
Dan Belowich | Vice President, Accounting | Leadership |
Tracy Higgins | Senior Director - Property Accounting | Leadership |
Ben Fleischman | Director Of Accounting | Leadership |
Rachel L. Suissa | Senior Director, Finance | Leadership |
Matt Schwartz | Managing Director - Midwest | Leadership |
Ari Lindner | CEO, Converge RE II | Leadership |
Seth D. Molod | EVP & CFO | Leadership |
Leo Cairns | VP Asset Management | Leadership |
37 more people are available in the full profile.
Complete people profiles for Lightstone
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Lightstone
Lightstone is a publicly listed company on the OTC with ticker symbol LVPR in USA, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date06 Jan 2021
- Listed onOTC: LVVP
- Listed entityLIGHTSTONE VAL PLS REAL E INV TR II
- Exchange sectorFinance
- ISINUS53227H1086
- Share price$3.20 (-17.74% on the day) · 2026-05-11
- Market capitalisation$50.9M
- EPS (diluted, trailing year)$-0.38
- Volume (last session)5,000
- Analyst consensusNo rating
Financials of Lightstone
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $47.7M | -$6.0M | $6.1M |
| 2024 | $48.8M | -$4.8M | $8.2M |
| 2023 | $53.6M | -$11.5M | $8.9M |
| 2022 | $55.3M | $8.8M | $8.0M |
| 2021 | $48.0M | -$5.3M | $7.5M |
Detailed financial statements for Lightstone
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Lightstone
4 dated milestones of Lightstone across 36 years, from founding to its latest funding, stage changes and deals.
- Founded Lightstone is founded.
- Funding First funding round of $100.0M.
- IPO Lists on the stock exchange (IPO).
- Funding Latest funding round, Debt – Conventional, of $165.6M.
Web traffic of Lightstone
The website of Lightstone (lightstonegroup.com) receives about 11.4K visits a month.
- Monthly visits11.4K
▲ 42.9% vs previous month
Websites whose visitors overlap most with Lightstone. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
lightstone.co.za | lightstone.co.za | 100% | #275,688 | – | |
rebusinessonline.com | rebusinessonline.com | 83% | #707,088 | – | |
bpri.co.uk | bpri.co.uk | 54% | – |
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Related news about Lightstone
Complete news archive for Lightstone
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Frequently Asked Questions about Lightstone
Lightstone was founded in 1988 and raised its 1st funding round 29 years after it was founded.
Lightstone is headquartered in New York, United States. It is registered at New York, New York, United States.
David Lichtenstein is the CEO of Lightstone, as recorded in our data. They have also founded this company.
Lightstone is a funded company, having raised a total of $18M across 10 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $100M, raised on Nov 2017.
Lightstone has 306 employees.
Annual revenue of Lightstone is $47.67M as on Dec 31, 2025.
Lightstone was founded in 1988 and is headquartered in New York, United States. Operations are focused on real estate sectors such as multifamily, hospitality, commercial, and life sciences. Properties are identified, acquired, and improved, while unique developments are undertaken. Capital is deployed through various investment vehicles, and assets are managed to support stakeholder interests. Lending services are also provided across these areas.
Lightstone offers Real Estate Development and Asset Management.
Yes, Lightstone is publicly traded on OTC under the ticker symbol LVPR.
Lightstone has 8 investors. Key investors include Goldman Sachs, Citi, Dime Community Bank, Bank OZK, and Canyon Partners.
Lightstone operates through Lightstone.