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Wednesday, September 8, 2010 |
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General Information \\
Lightstone Group 460 Park Avenue 13th Floor New York, NY 10165
Founded 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 46 states plus the District of Columbia, Canada, and Puerto Rico, spanning more than 19,000 residential units, 687 hotels and approximately 24.5 million square feet of office, industrial, and retail properties.
In the last year alone, The Lightstone Group completed more than $8.5 billion in acquisitions, the highlight being the company’s significant entrance into the hospitality sector. The Lightstone Group acquired Extended Stay Hotels, becoming the largest owner of mid-price extended-stay hotels in the U.S., with approximately 76,000 rooms located in 44 states and Canada. The company currently operates under five brands in the extended-stay segment: Extended Stay Deluxe, Extended Stay America, Homestead Studio Suites, StudioPlus, and Crossland.... (Read More)
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