http://www.lightstonegroup.com/
ounded by David Lichtenstein in 1988, The Lightstone Group has grown to become one of the largest privately held real estate companies in the United States.
The company currently owns a portfolio of diversified properties in 24 states plus the District of Columbia and Puerto Rico, spanning more than 19,000 multifamily units and approximately 20 million square feet of office, industrial, and retail properties.
The Lightstone Group manages its business through a series of operating platforms, each focused on a specific real estate asset class.
Its outlet platform, Prime Retail is one of the largest owners of retail outlet space in the country, with approximately 8 million square feet of owned and managed space in 22 properties. Operating under the Prime brand, the company has outlet locations in 15 states and Puerto Rico. The acquisition of Prime Retail, and its successful turnaround over the past several years, has positioned The Lightstone Group as a nationally recognized expert in repositioning companies.
Some of The Lightstone Group's other operating platforms include:
Prime Group Realty Trust, a real estate investment trust, which owns, manages, leases, develops, and redevelops office and industrial properties, principally in the metropolitan Chicago area.
Beacon Management, one of the foremost players in the multi-family residential housing sector, with corporate offices in the Northeast, Southeast and Midwest regions of the U.S.
Park Avenue Funding, a real estate lending company that employs creative approaches to the financing of complex real estate transactions.
The Lightstone Group's continued growth is fueled by a passion to achieve excellence in every endeavor. While its growth has been extraordinary, the cornerstone principles of The Lightstone Group have changed very little since its inception. The company is committed to preserving its entrepreneurial culture, to conducting business with unyielding integrity and to making a positive difference in every community in which it invests.
Employing approximately 1,000 staff and professionals, The Lightstone Group maintains its corporate headquarters in New York with regional offices in New Jersey, Maryland and Illinois.