Real estate firm Lightstone has introduced a new rescue capital platform with the goal of deploying $500 million into multifamily, industrial, and hospitality assets across the United States.
Investment Offerings
The platform will offer investments in various positions within the capital stack, such as credit, preferred equity, and equity, providing a range of opportunities for investors.
Objectives
Leveraging its private and fully discretionary capital, Lightstone aims to provide innovative solutions to maximize value for investors. Investment themes include addressing impaired equity or credit positions, funding future capital expenditures, recapitalizing stalled development projects, and facilitating cash-in refinances.
Target Investments
The target investment size ranges between $20 million and $100 million, with an emphasis on larger portfolios to maximize impact and returns.
Company Background
With a robust portfolio exceeding $9 billion in assets, Lightstone operates across residential, hospitality, commercial, and retail sectors in 26 states. Notably, it holds a significant development portfolio in key cities such as New York, Los Angeles, and Miami.
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