Lightstone

New York, United States Founded: 1988 • Age: 38 yrs
Real estate investor, developer, lender, and operator creating long-term value
Annual revenue $48.8M Latest available
Total funding $18.0M 10 rounds
Employees 306 Tracked headcount
Investors 8 Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

About Lightstone

Lightstone is a company based in New York (United States) founded in 1988 by David Lichtenstein and Barry Farkas. Lightstone has raised $18 million across 10 funding rounds from investors including Goldman Sachs, Citi and Dime Community Bank. The company has 306 employees as of December 31, 2017. Lightstone offers products and services including Real Estate Development and Asset Management.

  • Headquarter New York, United States
  • Employees 306 as on 31 Dec, 2017
  • Founders David Lichtenstein, Barry Farkas
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Lightstone
Operational Areas
Not available
Key Metrics
  • Annual Revenue
    $48.83 M (USD)
    -8.96
    as on Dec 31, 2024
  • Net Profit
    -$4.8 M (USD)
    58.25
    as on Dec 31, 2024
  • EBITDA
    $8.15 M (USD)
    -8.15
    as on Dec 31, 2024
  • Total Equity Funding
    $18 M (USD)

    in 10 rounds

  • Latest Funding Round
    $165.6 M (USD), Debt – Conventional

    Jan 12, 2024

  • Investors
  • Employee Count
    306

    as on Dec 31, 2017

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Products & Services of Lightstone

Lightstone offers a comprehensive portfolio of products and services, including Real Estate Development and Asset Management.

Product name locked
Category locked
Primary

Real estate properties are developed in residential and hospitality sectors to create long-term value

Product name locked
Category locked
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Real estate assets are managed through acquisition, improvement, and operational strategies

People of Lightstone

Headcount 50-200
Employee Profiles 55
Employee Profiles
People
Mitchell C. Hochberg
President
People
Naftalee Zomberg
SVP, Finance & Treasurer
People
Soren Godbersen
Chief Growth Officer
People
Terri Reynolds
Associate General Counsel And Vice President

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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.

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
KSL Capital Partners is focused on travel and leisure investments.
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Investment banking services are delivered across multiple financial sectors.
Locked Locked Locked
Real estate asset management and origination platform
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Investor details for Lightstone

Investor domains, locations, round participation, and complete history require an active premium plan.

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  • Participation history

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Investments & Acquisitions by Lightstone

Investments
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Investment portfolio details for Lightstone

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  • Transaction dates
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Financial Statements - Lightstone

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Detailed financials for Lightstone

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  • Profit trends
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  • Financial ratios

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Lightstone Comparisons

Lightstone Primary company
Description
Real estate investor, developer, lender, and operator creati...
Location
New York, United States
Founded Year
1988
Annual Revenue
$48.83 M (USD)
Net Profit
-$4.8 M (USD)
EBITDA
$8.15 M (USD)
Employees
306
As of 2017
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Peer comparison for Lightstone

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Competitors of Lightstone

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Detailed competitors of Lightstone

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Latest news on Lightstone

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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 current CEO of Lightstone. They have also founded this company.

Lightstone is a funded company, having raised a total of $18M across 10 funding rounds to date.

As of Dec 31, 2017, the latest employee count at Lightstone is 306.

Annual revenue of Lightstone is $48.83M as on Dec 31, 2024.

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.

Lightstone has 8 investors. Key investors include Goldman Sachs, Citi, Dime Community Bank, Bank OZK, and Canyon Partners.

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